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Charities call for further stimulus
ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... liquidity to fall back on in times of crisis, as they already run on very tight margins. "Governments, philanthropists, business, and charities need to work in partnership to ensure viability and long-term financial support for the not-for-profit sector ...
NowInfinity founders depart following acquisition
ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
The founders of corporate compliance and documentation platform NowInfinity will depart the business following its integration with SMSF platform Class. Amreeta Abbott and Vitalii Symon will step aside to pursue other projects after the platform was ...
Madison sale confirmed
JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... receivers are working with China-Taiping and its advisers in this regard. Completion of the sale is expected within 10 business days from today," OVH said in company filings this morning. The buyer, Clime Investment Management, conducted a placement ...
Boutique to open Sydney office
KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... team as its looks to expand its presence in the retail market. Scott Curtis is joining Warakirri Asset Management as a business development manager from Liverpool Partners where he worked on the origination team that sourced mid-market private investments. ...
Global manager rolls out local access to alternatives fund
HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... from our clients," he said. "This new global multi-strategy draws upon our experience and expertise across the global business. "The broad toolbox of strategies gives our experienced investment management team the flexibility to take advantage of opportunities ...
Clime buys Madison Financial Group
KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... for an acquisition. Clime did not name Madison in its June 1 filings but previously confirmed it was interested in the business, as it looked to diversify its advice business -- which has so far focused on wholesale clients -- into retail. Who reaps ...
AMP Foundation offers $2m for COVID-19 recovery
KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... salaries, equipment, training and technology, AMP said. Eligible non-profits can apply on AMP's website by close of business on June 18. "The Foundation has been so impressed by the agile response of so many non-profit organisations to the COVID-19 crisis ...
Advice job market not all doom and gloom
ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... FASEA requirements. Of course, attractive base remuneration and bonus structures and the potential for equity in the business and profit share is also appealing. "With the rise of working from home due to the lockdown, many candidates are keen to maintain ...
Industry fund appoints administrator
HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
... for members. Iress said the automated service helps funds reduce manual processes and their associate compliance and business risks, while providing members, employers, advisers and the fund's service teams with real-time access to transactions and data ...
Advice group acquires software business
ALLY SELBY  |  TUESDAY, 2 JUN 2020
The buyer of Chant West's financial planning software business Enzumo has been revealed, with an ASX-listed dealer group set to fork out $1.5 million for the business. Centrepoint Alliance will acquire Enzumo from Chant West, in a move that chief executive ...
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