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Showing 261 - 270 of 3301 results for "RIC"

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Embattled PwC's Australian public sector advisory business will remerge as Scyne Advisory following its takeover from private equity firm Allegro Funds. Allegro funds confirmed the new business, which it acquired for $1, will be fully independent ...

Bentham opens fund to retail investors

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
The Bentham Global Opportunities Fund is now available to retail investors for a minimum of $10,000. Launched over six years ago, the fund invests in a multi-sector global portfolio of credit securities, including global high-yield bonds, global syndicated ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
The revamped platform offers a range of new services, including the ability to manage off-platform assets and custodial assets through the one account. Netwealth is relaunching the flagship Wealth Accelerator platform to better service the growing number ...

Pengana appoints leaders for private credit division

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
Pengana Capital Group has named those who will lead its recently launched private credit business, appointing Nehemiah Richardson as managing director and chief executive and Charles Finkelstein as chief investment officer. Richardson and Finkelstein ...

ISPT targets success with revamped leadership

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
Industry Super Property Trust overhauled its leadership team, including adding a chief investment officer and two group executives to oversee funds management and property. ISPT said it has restructured its business for success, adding four new roles ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... O'Sullivan commented: "It's a time of great structural shift for the superannuation sector following the implementation of the RIC." "The RIC has ensured that super funds focus on retirement solutions, but it will require industry collaboration to implement ...

Former Big Un executive smacked with insider trading charge

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
Andrew Corner, the former chief financial officer of defunct Australian tech company Big Un, has been charged with insider trading. In 2018, Big Un experienced a spectacular surge before allegations surfaced that it was paying commissions to a financial ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
Local businesses are poised to reap from the Australia's free trade agreement (FTA) with the United Kingdom which came into effect on May 31. Some 99% of Australian products will enter the UK duty free thanks to the deal that was signed on 17 December ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... comparability assessment is still developing," Spragg noted. "When you view it within the lens of the Retirement Income Covenant (RIC), when we're trying to balance competing objectives of maximising incomes, flexible access and managing risks, this ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
Muzinich and Co is rolling out its MLoan fund to Australian investors, expected to be available in July. MLoan, which replicates Muzinich's parallel lending strategy launched in 2018, invests predominately in private European senior secured, floating ...