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Showing 171 - 180 of 372 results for "SEQ"

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
OneVue Holdings has taken control of a Sargon subsidiary's 19% stake in ASX-listed wealth and advice firm Sequoia Financial Group, as its looks to recoup $31 million. The Sequoia stake is worth about $4.6 million at Tuesday's closing price of 20 cents. ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road ...

YBR exits wealth, sells for $2.5 million

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
Mark Bouris' Yellow Brick Road is shuttering its wealth business to focus on mortgages, entering into a sale agreement for a sum of approximately $2.5 million. YBR Wealth's share of rights to the recurring revenue streams derived from its wealth advice ...

Clime launches new income fund

KANIKA SOOD  |  TUESDAY, 3 DEC 2019
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%. The Clime Income Enhancer Series 1 fund will invest in four shares: Macquarie, Rio Tinto, Treasury Wines and BHP. "If any of these ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
APRA's executive general manager Suzanne Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
Tech-darling Afterpay has suffered a slide in the ranking of the world's leading fintech innovators. The annual KPMG and H2 Ventures FINTECH100 list is a collaboration between the global consulting firm and Sydney-based venture capital investment ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
Advisers should not underrate inflation risk when building retirement income portfolios for clients, an AMP Capital portfolio manager told attendees at Financial Standard Retirement Income Best Practice Forum in Sydney this morning. Speaking during ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
Super "whatever it takes" Mario Draghi's final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it ...

The importance of reducing risk

ELIZA BAVIN  |  THURSDAY, 26 SEP 2019
In the current global climate it is more important than ever to reduce risk in your portfolio to ensure the best outcomes for your clients. Speaking at the Copia Reporting Season Wrap Up lunch in Sydney, Vertium Asset Management's chief investment officer ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...