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Boutique hires from Allan Gray

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
A Melbourne credit boutique has hired Allan Gray's head of retail strategy, as it looks to fill capacity and launch new strategies. Alexander Funds Management appointed Chris Inifer as its head of distribution in a newly created role. Inifer is tasked ...

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
Commonwealth Bank's former trading platform for financial advisers, now known as AUSIEX, has unveiled its executive lineup after being acquired by a Japanese firm. CommSec Adviser Services (CAS) has rebranded to AUSIEX (Australian Investment Exchange) ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
After its ninth attempt, Macquarie Agricultural Funds Management is set to acquire a real estate investment trust for $354.6 million. Vitalharvest Freehold Trust (VTH) accepted an offer price of $1.295 per share from MAFM on June 2. In November 2020 ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
"Boom boom boom boom!" - Vengaboys The Australian property market should adopt this as its official anthem. The property craze in this Land Down Under is best portrayed by an article in the Daily Telegraph telling the story about "a mouldy 1970s house ...

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... securities. Centuria has now declared the offer unconditional and will provide Primewest securityholders who accept prior to the close of the offer their consideration within five business days of acceptance. The Primewest board unanimously recommend ...

Frontier hires people and culture lead

JAMIE WILLIAMSON  |  THURSDAY, 3 JUN 2021
... responsible for people and culture for three years. In doing so, it has appointed Nicole Hartigan to the role. Hartigan spent close to a decade in HR at HLB Mann Judd, having joined from Grant Thornton in 2012. The appointment was effective last month ...

How noise impacts trading performance

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
... the trading floor via headphones," Payzan-LeNestour said. "There is evidence that sound presented in peripersonal space (close to the head) is more arousing than sound presented further from the head (for example, if it emanates from the surroundings ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
... Swiss manager is investing in its local business, adding to its product offering and hiring a senior manager from BlackRock. Close to three years since opening its Australian office, GAM Investments is growing the Sydney-based team with the addition ...

J.P. Morgan makes key APAC appointment

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
J.P. Morgan Asset Management has appointed a lead strategist for sustainable investing in the Asia Pacific region. Tomomi Shimada has been appointed lead APAC sustainable investing strategist, in what J.P. Morgan said is part of its ongoing commitment ...