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Showing 161 - 170 of 409 results for "Investment adviser"

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... climate-related scenario analysis and exposure to lower-carbon assets. "Rest also works with our investment managers, investment adviser and the Australian Council of Superannuation Investors to engage with the companies and entities we invest in, and ...

Radio host adviser revealed as alleged fraudster

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The US Securities and Exchange Commission has charged a radio host and investment adviser with defrauding hundreds of retail clients out of millions. Keith Springer hosted a radio show called Smart Money with Keith Springer, which is how many of his ...

Industry fund in investment rejig, lead departs

HARRISON WORLEY  |  THURSDAY, 12 DEC 2019
A $6.5 billion industry superannuation fund is making a raft of changes to its investment function, which will see the departure of its head of investment strategy. Following recommendations from asset consultant JANA Investment Advisers, LUCRF Super ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...

Vanguard appoints head of superannuation

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... his role on Vanguard's Financial Adviser Services team in the US, where he has been leading the registered investment adviser channel since early 2017. Prior to his role in the US, Lovett served as Vanguard Australia's head of distribution for three ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July ...

Adviser scammed family, friends

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
A New York investment adviser named Ruless Pierre allegedly operated a Ponzi scheme that unlawfully obtained more than $2 million from investors who were told they'd see returns of 20% every two months. Part of the scheme, known as the Amongst Friends ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... the US Attorney for the eastern district of North Carolina. Thomas represented himself as a Harvard educated investment adviser and convinced his wife and father-in-law to invest conservatively in US Treasury Bills. He also convinced his own father to ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The US Securities and Exchange Commission has adopted a package of fiduciary rules to protect retail investors from financial advisers who put their self-interests first. Under the new rules called Regulation Best Interest and Form CRS Relationship ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... 145-year-old American financial services organisation. Foresters Investment Management Company which acts as the investment adviser of the First Investors funds entered into a definitive agreement with Macquarie IM on April 9. The move will see Macquarie ...