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| | | An analyst and portfolio manager of the Pan-Tribal Global Equity Fund believes there is no such thing as a 'must own' company. Sharing the view at a recent Pan-Tribal lunch for advisers, Danton Goei of Davis Advisors said investors can get caught up ... |
| | | | ... relevant in the small and microcap space. "We have been very busy with reporting season so it was great to see the ratings upgrade, as it's a real recognition for all the hard work that has been put in to getting the business up and running and performing ... |
| | | | Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ... |
| | | | ... a new cloud-based solution to financial advisers. managedaccounts.com.au will work with Melbourne-based CapitalRoad to upgrade its user interface and middle office requirements, replacing its proprietary software developed and supported in-house. David ... |
| | | | ... SMAs were deemed 'Investment Grade' by the ratings house, with AB Australia chief executive Jen Driscoll describing the upgrade as a breakthrough for the industry given offshore equity SMAs are still relatively new. "The ratings reflect Lonsec's view ... |
| | | | The underwriting process for retail-advised life policies will be accelerated by the introduction of MLC Life Insurance's new tele-underwriting service. Halving the lengthy underwriting process, the new Fast Track service will benefit both financial ... |
| | | | Lonsec's rating of Arnhem Investment Management's global separately managed account was upgraded in its latest round of reviews. Arnhem's global SMA, the Australia+ SMA, is now 'Recommended' by the ratings house, with Lonsec highlighting its "highly ... |
| | | | ... Fund, to its SMA investment menu with a view to add more SMA managers in June. Another development slated for June is an upgrade to Mason Stevens' adviser and client portals. "This will give greater functionality and, more importantly for our advisers ... |
| | | | Perpetual's financial advisory arm for high net worth individuals, Perpetual Private, helped boost the company's profit in the six months to December. Perpetual Private posted profit before tax of $18.7 million, up 9% on the previous corresponding period. ... |
| | | | ... hit to underlying profit, falling 16.9% to $35 million. This was followed by trustee services, impacted by a "major IT upgrade," whose profit fell 12.2% to $2.9 million. Financial advice and distribution fell by 10% to $36 million, and investment management ... |
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