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Showing 1381 - 1390 of 4136 results for "Rob"

Magellan cracks $100 billion

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
The global equities powerhouse cracked $100 billion at January end but no one at their offices is popping the champagne. Magellan reported its total funds under management as $104 billion at the end of January. Just one year ago, this number was about ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
CPA Australia is campaigning government for a state funded review into the regulatory frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified ...

Future Fund chief to lead IFM Investors

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
David Neal is set to jump from leading the $168 billion Future Fund to heading IFM Investors after Brett Himbury's resignation last year. Neal has been at Future Fund since its inception, starting as the chief investment officer in 2007 and then ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
A Perth-based financial advice firm had to call in liquidators, with its directors blaming a 30% fall in its business revenue after the Royal Commission among other reasons. WA Wealth Managers (and WAWM Holdings Pty Ltd, as the main related firm) was ...

Robo-advice to be worth US$1.4 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
The value of robo-advice will surpass the US$1.4 trillion mark in 2020, according to new research. LearnBonds.com is predicting robo-advice will become worth US$1.4 trillion globally, jumping by 47% year on year. By 2023, it predicts assets managed ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
Ernst & Young was this afternoon appointed as administrator for at least three Sargon-related companies, after the main holding company went into external administration last Wednesday. Sargon Superannuation Holdings, Sargon Services Pty Ltd and Sargon ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... Tidswell board is chaired by Mike Terlet and other directors include Andrew Peterson, Fiona McNabb and Ron Beard. Sargon chair Rob Rankin resigned on January 23. A spokesperson said Rankin's resignation was unrelated to the January 29 appointment ...

Adamantem acquires ASX-listed company

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... agreed to take Legend private for around $79.6 million, and an implied value of $100.6 million. Adamantem managing director, Rob Koczkar, said Legend was attractive for its long history of innovation and established position as a leading manufacturer ...

Perpetual to build US distribution

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... the leadership of head of global distribution Adam Quaife, the company said. Perpetual chief executive and managing director Rob Adams said: "We are at a vital stage in the evolution of responsible investing. Investor demand, in part driven by the largest ...

Regulators should face consequences for non-compliance: FSC

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
The Financial Services Council is calling for ASIC and APRA to face consequences for failing to cooperate with one another. In a submission to Treasury on exposure draft legislation for the Financial Regulator Reform (No.2) bill, the FSC said it generally ...