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| | | Michael Dunjey, the mastermind behind a $149 million alleged Ponzi scheme, has been charged with 33 criminal offences. On May 9, the Perth Magistrates Court charged Dunjey, the director of Ascent Investment and Coaching, with 23 counts of fraud under ... |
| | | | The investment manager of the Third Link Growth Fund has added three new Australian equity managers to its underlying portfolio to enhance the fund's active manager lineup, while broadening diversification and bolstering long-term returns. Australian ... |
| | | | Former financial adviser Abdullah Popal has been charged with alleged fraud offences in Sydney's north-west, accused of hoodwinking five individuals out of over $160,000 from their self-managed super funds (SMSFs). A statement from Police NSW said ... |
| | | | Labor winning a second term means numerous reforms that fell through the cracks in the lead up to the federal election will potentially see the finish line more seamlessly compared to another party taking power, according to ASIC. Meanwhile, APRA said ... |
| | | | The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ... |
| | | | A merger between Platinum Asset Management and L1 Capital may deliver scale, but it won't resolve the deeper structural issues dogging traditional active managers, including fee pressure and market share loss to passive investment vehicles like ETFs ... |
| | | | Frontier Advisors has won a mandate from Japan's $350 billion Nissay Asset Management, which is part of the Nippon Life Insurance Group. The mandate will allow Nissay to tap into Frontier's institutional intelligence to support its pension clients. ... |
| | | | Aware Super chief investment officer Damian Graham is transitioning to a new role, with the fund now conducting a global search for his replacement. Graham will relocate to the fund's London office to take on the role of head of international at ... |
| | | | Escala Partners will launch a dedicated end-to-end alternatives investment platform. The platform has been designed in partnership with One Investment Group, and will will offer bespoke solutions to optimise operational workflows, including document ... |
| | | | Perpetual Wealth Management has recruited five senior financial advisers to its team. Michael Innes and Antony Pupovac will join the private clients team in Queensland as partners in May, while Sandra Kent and Laura Bosman will join the team in Western ... |
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