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Showing 191 - 200 of 559 results for "Latter"

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... products. The alternate model in line with the DDO will categorise advice into general information and personal advice. The latter is split across simple personal advice and complex personal advice. Strategic and intra-fund advice will fall under simple ...

Andrew Thorburn joins IIG

KANIKA SOOD  |  FRIDAY, 16 APR 2021
The former NAB chief executive has joined Melbourne's Impact Investing Group as a part-time executive, as the latter's chief executive leaves. Daniel Madhavan was IIG's chief executive from November 2017 to April 2021. Madhavan joined the IIG after ...

Oaktree hires from Challenger

KANIKA SOOD  |  MONDAY, 12 APR 2021
A senior institutional business development manager from Challenger has moved to Oaktree as the latter's managing director of marketing for Australia and New Zealand. Brett Penprase will be based in Sydney, and focus on business development and ...

Hostplus wins mandate

KANIKA SOOD  |  TUESDAY, 6 APR 2021
Hostplus has been chosen as successor fund for about $210 million of member assets from AUSfund, as the latter closes its doors after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... discretionary account (MDA) facility would go for $50,000. Adding an options and derivatives trading capability to the latter would fetch between $80,000 to $120,000. The firm, which also brokers accounting and mortgage broking firms, found that demand ...

Sydney boutique to buy a slice of Investec assets

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
A Sydney private debt manager will acquire a portion of South African Investec's local debt portfolio, as the latter exits Australia. Metrics Credit Partners has reached an agreement to buy Investec's local corporate and acquisition finance ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... Recreo, with $12 billion funds under administration, will merge with corporate and superannuation trustee Certane Group. The latter provides trustee services to 27 Australian superannuation funds. Certane has undergone several iterations. It was originally ...

Perpetual's Garry Laurence starts boutique

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... global equities funds to US-based value manager Barrow Hanley after paying about $465 million to buy a 75% stake in the latter. Laurence received an AFSL for his new boutique last month and is now raising for a "founder class" of units in his global ...

Changes on Lazard Aussie equities fund

KANIKA SOOD  |  THURSDAY, 18 MAR 2021
... Asset Management, which is separate to mergers and acquisitions advisory firm Lazard Australian Financial Advisory. The latter recently announced its plans to reverse from the Australian market which included a team buyout.

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... representatives until 31 December 2022; and provide ASIC with an attestation from a senior executive within AxiCorp. The latter means that a senior executive must confirm that AxiCorp has undertaken all the necessary remedial actions and has adequate ...