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Queensland advice firm joins Connectus

KANIKA SOOD  |  THURSDAY, 29 APR 2021
... is aligned with our customised approach to serving clients," Kelly said. "The partnership with Connectus and Focus is the next step in our continued evolution to expand our value proposition. We are excited to join a collaborative community through which ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... deputy chair. "On behalf of the ASIC Commission and team I'd like to congratulate Joe Longo on his appointment as the next ASIC chair and Sarah Court as an additional deputy chair," outgoing chair Shipton said. "Joe is known to many at the agency ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... achieving the inflation target... Looking through this, underlying inflation is expected to remain below 2 per cent over the next few years. The Australian economy is certainly recovering faster than expected and the labour market has improved significantly. ...

Fund manager creates lead distribution role

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... Having started my career in multi-manager before moving into the multi-boutique space, I see joining a boutique as the natural next step for me." Paradice managing director David Paradice said: "Stephen's appointment will help our distribution efforts ...

HESTA hires former Vanguard head

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... internalisation of investments. The fund will begin to manage fixed income and cash in-house in 2022. "Stephen will be leading the next phase of our internalisation journey, as we move to internally manage fixed interest and cash instruments," Sawtell-Rickson ...

MIRA to acquire waste management firm

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... management businesses around the world, we look forward to bringing our expertise to support the team in delivering BINGO's next phase of growth," Kwok said. BINGO's operation covers waste collection across the building and demolition, and commercial ...

Hostplus, HNWs back CSIRO fund

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
... billion people, decarbonising the planet, reaching humanity scale healthcare, supercharging industrial potential, enabling the next intelligence leap and bridging the gap to space. The raise was made up of investments from Horizons Ventures, Hostplus ...

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... were surveyed as part of this research. The survey found that 78% intend to invest based on environmental factors in the next 12 months while 46% will invest specifically with corporate governance in mind, 43% will focus on ethical beliefs, 43% on social ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... Financial Group], Annick has displayed a deep understanding of Clime's business and is expertly positioned to drive our next phase of growth and strengthen our offering to our investor clients and financial advisers," said Clime founder and incoming ...

Institutional mandates shrink

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... mandates in 2020, taking $5.1 billion from institutional investors, mostly across local and global equities. IFM Investors was next, winning $2.5 billion. Majority of this was across international equities and alternatives ($1 billion each), with smaller ...