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Showing 151 - 160 of 666 results for "Morris"

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... firms. "We felt this acquisition was a strong strategic and cultural fit with Ord Minnett," Ord Minnett chief executive Karl Morris said. "The combination of E.L. & C. Baillieu's brand heritage and history, private stockbroking business, its adviser ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
With research showing the average cost for a Statement of Advice has increased 10% in 12 months, the Financial Planning Association of Australia (FPA) is warning of the detrimental impact ongoing reform is having on financial advisers and consumers. ...

Aussie asset managers fourth-fastest in global growth

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
Australian asset managers are the fourth-fastest growing of their global peers, clocking in 11.9% in compounded annual growth over the last five years, says a new report from Willis Towers Watson. Willis Towers Watson's Thinking Ahead Institute published ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
"If not for you Babe, I couldn't even find the door I couldn't even see the floor I'd be sad and blue If not for you" - Olivia Newton-John Yes Olivia, it's the Budget. There might be precious few worrying about the implications of the ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Melbourne's MSC Group has been appointed to provide trustee and fund administration services to three Australian fund managers that are 50% owned by Oaktree Capital Management. Argyle Capital Partners, January Capital and Fortitude Investments Partners ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Despite over $34 billion being removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes. Speaking at the digital Morningstar ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
Treasurer Josh Frydenberg has announced the government will commit more than $1.6 billion to provide support to the country's ageing Australians, but experts say the measures don't go far enough. The Treasurer announced the record funding would ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...