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Showing 161 - 170 of 2984 results for "January 2013"

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
Just three months on from the launch of its product, the head of Vanguard's superannuation business is set to leave. Michael Lovett will depart Vanguard at the end of the month. Commenting on Lovett's departure, Vanguard Australia managing director ...

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Magellan reported net outflows of $0.5 billion in January but said its funds under management (FUM) increased slightly by almost 2% last month. The group said FUM shifted in January to $46.2 billion from $45.3 in December, however it is still down in ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
ASIC has banned a Gold Coast director from providing financial services for four years after discovering his business leased an algorithmic trading program and operated without a licence. Gregory William Finerty, the sole director of Bradford AI, has ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
Former APRA chair Geoff Summerhayes has been appointed as chair of Zurich Financial Services Australia (Zurich). Summerhayes boasts an impressive track record in financial services as former executive board member of APRA and as chief executive of Suncorp ...

FPA, AFA merger consultation to close

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
The member consultation period on a proposed merger between the Financial Planning Association of Australia (FPA) and Association of Financial Advisers (AFA) is due to close on January 31, with members encouraged to provide their feedback before then. ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
Perpetual reported it took a $1.2 billion hit in December ahead of its Pendal Group takeover, which is now due to be completed on Monday. Despite the loss, the investment manager said it "benefited from a rebound in equities markets" and ended the year ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
GQG Partners is aiming to be a top-ranking active equity manager in Australia, according to managing director Laird Abernethy. In an interview with Financial Standard, Abernethy said that despite market turbulence, GQG has performed exceptionally, with ...

Stafford Capital Partners launches new fund

CHLOE WALKER  |  WEDNESDAY, 18 JAN 2023
Stafford Capital Partners has launched its fifth Stafford Infrastructure Secondaries Fund (SISF V). The fund has a $2 billion target and seeks to provide access to a diversified global infrastructure portfolio, with core infrastructure risk predominately ...

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
Social security measures relating to the Age Pension are among the most popular regulatory topics for Australian financial advisers, based on the questions they're asking BT's technical team. According to BT, the $4000 increase to the work bonus for ...