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Showing 1 - 10 of 20408 results for "Business"

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... investments in Shield, the lead generators, and others. At a meeting yesterday, KAM's creditors resolved to wind the business up and appoint liquidators, deeming it to be the best solution for creditors, unitholders, and underlying investors in the ...

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
Netwealth has marked 25 years in business by crossing $100 billion in funds under administration (FUA) on its platform. On November 28, Netwealth achieved FUA of $100 billion, comprised of $99.5 billion in custodial FUA and $0.7 billion non-custodial. ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... analysis and has been a trusted advisor to many," Goonan said. "His expertise and views, particularly through the NAB Business Survey, are highly sought after by our bank, our customers, government and policy makers. We are grateful for his service and ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... be materially lower due to lower realised iron ore prices. "These companies remain highly profitable, cash generative business. It is simply that iron ore prices have continued to retract from previous cyclical highs, largely due to lower demand from ...

Nuveen extends private credit fund to Australian investors

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... an investment portfolio valued over US$1 billion and has 230 portfolio companies across a range of sectors including business services, healthcare and pharmaceuticals, high tech and construction and building. "Australian wholesale investors looking to ...

MSC Trustees names general manager

ELIZABETH FRY  |  MONDAY, 2 DEC 2024
MSC Group, the trustee services provider, has added a custody business lead and a relationship manager to its team. The firm - which specialises in responsible entity and fund trusteeship services - has appointed Chris Morpeth as the general manager ...

Family office investment lead joins TCorp

ELIZABETH FRY  |  MONDAY, 2 DEC 2024
... committee, maintained research processes and analysed investment industry trends for clients and Morningstar's global business. Interestingly, the research house recently appointed Eva Cook as director for manager research, recruiting from TCorp. ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
As the number of AFSL cancellations pile up due to the non-payment of Australian Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
AMP has finalised its divestment of three licensees and support service business to Entireti and AZ NGA as the new owners unveil a revamped leadership team. Some 950 advisers across AMP Financial Planning, Hillross, and Charter Financial Planning now ...

InvestSense marks 10th birthday

STAFF WRITER  |  FRIDAY, 29 NOV 2024
One of Australia's first firms to specialise in managed accounts celebrated its 10th anniversary this month. InvestSense was established in 2014 and has grown significantly over the past decade. In the past three months, InvestSense has grown its ...
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