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Showing 121 - 130 of 1059 results for "Mutual"

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings ...

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
Australian billionaire Michael Hintze has divested a significant portion of his multi-billion-dollar asset management firm to Canadian giant Manulife Investment Management. Under the acquisition, expected to close in early 2024, Manulife will own London-based ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... "Over the last eight years, we have worked closely with the Centrepoint group, and there is strong cultural alignment and mutual respect," he said. "The group recognises the cultural strength of what has been built up under the FAM brand and is looking ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
Global private capital advisory group Campbell Lutyens has hired former QIC infrastructure specialist Peter Siapikoudis as a managing director in its newly opened Melbourne office. Siapikoudis' association with Campbell Lutyens dates back to 2018 ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... the regulator's case was "altogether too superficial to be accepted", saying that it "overlooked the detailed web of mutual obligations" on which Diversa's arrangements with its Wealth and Super AFSLs were based. In response, ASIC said it is ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... Financial chief executive Renato Mota will exit in February 2024. In an ASX announcement, Insignia said the decision was a mutual agreement between the business and Mota. It has already commenced the search for his successor. Today marks Mota's 20 ...

GCI establishes real estate arm

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
Global Credit Investments (GCI) has launched a new real estate capital offering, appointing a managing director to lead it. Led by David Stone, GCI's real estate team aims to leverage a diverse range of high-quality Australian real estate assets to ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. In the case of greenwashing, the SEC found that DWS made "materially misleading statements about its controls ...

Koda Capital restructures Investment Strategy Group team

JAMIE WILLIAMSON  |  TUESDAY, 12 SEP 2023
... specialist. She was previously head of responsible investment at Platypus Asset Management, and also has experience at Old Mutual and Sanlam Investments. James Gouldson also joined in May as head of managed portfolios, based in the Perth office. The ...

Natixis IM eyes expansion with new retail AFSL

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... better over the long-term." It comes as the US$1.2 trillion asset manager integrates the distribution team of Investors Mutual Limited (IML), more than doubling the number of staff it employs in Australia, just shy of 12 months on from announcing it ...