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Advice software founder steps down

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... most effectively to achieve the company's goals. "I feel very fortunate to have the opportunity to lead the company into the next phase of growth and technology advancement. This is an exciting new chapter in the development of the company and I look ...

FICAP launches 2019 program, names new charity

MICHELLE BALTAZAR  |  THURSDAY, 22 NOV 2018
... and Raise are the beneficiaries of the 2019 FICAP 'Who wants to be a Rockstar?' to be held at the Ivy on March 28 next year. FICAP chair Chris Larsen, chief executive at Ironbark Asset Management, said the group has raised almost $2 million since ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... recommendations addressing confidentially and publications provision. Changes approved by FPA board and will be communicated to members next week, he said.

Class enhances XPLAN integration

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... down after leading the business for about four years. Class said its board had come to an agreement with Bungard that its next phase of growth required a new leader. Chief financial officer Glenn Day will take over Bungard's responsibilities in the ...

Chief economist update: Predictions allude to frozen RBA

BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
... Outlook and Interim Economic Outlook report merely formalised this "known known" and put numbers on it. "Growth forecasts for next year have been revised down for most of the world's major economies. Global GDP is now expected to expand by 3.5% in ...

Blue Sky names new chair

JAMIE WILLIAMSON  |  TUESDAY, 20 NOV 2018
... "His executive background in private markets funds management at Hastings will be invaluable as he leads Blue Sky into its next chapter." Meanwhile, a shareholder vote has seen Oaktree Capital Management permitted to convert its loan to an interest in ...

Australia's first active fixed income ETF goes live

KANIKA SOOD  |  TUESDAY, 20 NOV 2018
... opportunity for Western Asset, adding more than $100 million in funds under management to the current $604 million in the next twelve months. Betashares chief executive Alex Vyonkur said the firm has $1.7 billion in cash and fixed income products spread ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... because of the US-China trade war, Brexit, Italy, overvaluation, peak earnings, Fed policy mistake. Wash, rinse, repeat at the next down day. Wall Street up... easing trade tensions, good news on Brexit and Italy, China policy stimulus, a gentler Fed. ...

AMP Capital appoints fund manager

KANIKA SOOD  |  MONDAY, 19 NOV 2018
... "It's an exciting time for our real estate business which is reflected in our ability to attract such strong talent. The next few years will be crucial for ADPF as the fund continues its focus on optimising the portfolio to maximise income and capital ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... necessarily going to throw a tantrum if the Fed does so before Christmas, it's the changes in the probability of Fed rate hikes next year that has changed. The CME FedWatch Tool shows that the probability of the fed funds rate at 2.75% by the Fed's ...