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Showing 371 - 380 of 12283 results for "General"

Prime Value expands microcap fund

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
Prime Value Asset Management is opening its Prime Value Microcap Fund to retail investors. Prime Value said the fund is a newly launched retail offering, built on the same investment strategy and managed by the same team behind the former SIV Emerging ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... In essence, an AFSL will pay the minimum levy of $1500 plus $2314 for every adviser on their books. Those that provide general advice only will pay $5.2 million. There are 1122 of these entities and they can expect to pay a flat levy of $4665. The 565 ...

Movers and shakers: Cbus, HESTA, Rest, Minderoo and Colonial First State

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... consultant at JANA Investment Advisers. HESTA has also farewelled Trevin Erichsen, its member services and operations general manager who stepped down after nearly two years in the role. Erichsen joined HESTA in late 2022 from legalsuper, where he initially ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Acenda has appointed Lee Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... the highest at 16.5% p.a. and the hedged version delivered 12% p.a. The Australian Shares Index returned 13.4% p.a. ART general manager of portfolio management and resilience Andrew Fisher told Financial Standard that while global markets drove outcomes ...

Evidentia assembles inaugural executive leadership team

ANDREW MCKEAN  |  TUESDAY, 1 JUL 2025
... the client solutions function, Lonsec's former executive director of sales and service Marc Hraiki has been appointed general manager for adviser solutions. He will be responsible for driving business growth and engagement as well as delivering solutions ...

Finance news foretells stock market volatility: Study

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... "recession", and "loss" exhibited strong contemporaneous correlations with volatility spikes. Conversely, they found that general economic and financial terms such as "asset", "stock", "government" and "dollar" emerge as predictors of monthly volatility ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...

AMP North launches model portfolio solution with BlackRock, Lonsec

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
... growing offer in market thanks to the support from our advisers, asset consultants, and fund managers we work with." AMP general manager of managed portfolios and investments David Hutchison added that not all advice practices want an off-the shelf or ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... and processes in place to identify, escalate, investigate, rectify and capture incidents and breaches as part of their general obligations," ASIC said. A review on the progress of the regime revealed that AFSLs were generally slow to report to ASIC ...