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Showing 11 - 20 of 51 results for "IP Australia"

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Pengana Capital will wind up an income-focused Australian equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
The wholesale vehicle of a $3.3 billion concentrated equities strategy managed by Perpetual's Paul Skamvougeras was downgraded to bronze at Morningstar. The Perpetual Wholesale Concentrated Growth Equity Fund invests in 20 to 45 Australian stocks, chosen ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
A key promoter of a tax evasion scheme who had been living in Vanuatu for several years to avoid arrest has been jailed for six years following a 19-year joint investigation by the ATO and Australian Federal Police. Philip Northam was sentenced in the ...

Plato fund to shutter

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
An Australian shares fund run by Plato Investment Management will shutter later this month after running for nearly 14 years as its assets dwindle. Plato's Australian Shares Core Fund invested in Australian companies and was benchmarked to the S&P/ASX ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
Labor's proposed franking credit reforms will substantially impact the income of more than one million Australians, forcing them to seek welfare. In an address yesterday, Alliance for a Fairer Retirement System chair Deborah Ralston said the vast majority ...

New MDRT Australia chair

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2017
Former national vice-president of the Association of Financial Advisers and JBS Financial Strategists chief executive Jenny Brown is the new chair of Million Dollar Roundtable Australia. After more than two years in the role, Adam McCann announced he ...

Private Portfolio Managers launch SMAs

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUL 2017
Private Portfolio Managers will launch the first in a series of new separately managed account strategies on Powerwrap. Previously the boutique investment manager has exclusively offered individually managed accounts, but has broadened its managed accounts ...

Perpetual's Parkin resigns, successor named

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
Perpetual's deputy head of equities Nathan Parkin will step down effective immediately, with his replacement already named. Vince Pezzullo will take on the role, while Parkin's portfolio management responsibilities will be shared between Pezzullo and ...

Watermark makes two key hires

KERRIE SYDEE  |  MONDAY, 24 OCT 2016
Watermark Funds Management is strengthening its global capabilities with the appointment of a new portfolio manager and business development manager. Former Platinum senior investment analyst Simon Felton joins in the role of portfolio manager and will ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
A QIC-led consortium has topped an IFM Investors-led group to secure ownership of one of Australia's largest infrastructure assets and acquire the 50-year lease at the Port of Melbourne. Known as the Lonsdale Consortium, QIC, in conjunction with the ...