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Showing 381 - 390 of 5795 results for "Admin"

FNZ wins mandate, names APAC head

JAMIE WILLIAMSON  |  TUESDAY, 18 MAR 2025
FNZ has been handed a mandate by a $56 billion industry super fund, while also welcoming a Sydney-based head of Asia Pacific. The wealth technology platform has been selected by CareSuper to take over as its direct investment option (DIO) provider ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
New research from State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
A Sydney-based financial adviser has been permanently banned for acting dishonestly and exhibiting a fundamental lack of knowledge, integrity, and professionalism, ASIC said. Peter Surtenich has been permanently banned on March 6 from providing any ...

Australia can benefit from China's economic growth amid trade war: Experts

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
China is now better equipped to absorb US trade tariffs compared to 2018-19 and is poised for growth that can benefit Australia despite the unrelenting trade war, according to experts who spoke at the China Investor Symposium. Amid the spate of universal ...

HNW clients demand more non-custody assets: Study

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
More high-net-worth (HNW) clients are investing in non-custody assets as 75% of financial advisers report a growing demand in unique opportunities such private equity and other alternatives, a new survey from Praemium finds. Such assets comprise an ...

ETF market dips but bright spots emerge

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
The $3.11 billion net flows in February struggled to boost the Australian ETF market's position, with funds under management (FUM) dropping to $255 billion, according to VanEck's monthly ETF data. February marked the eighth consecutive month ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
Tokenisation can save the asset management industry US$135 billion in back office and administrative costs that drain the bottom line, a new study from Calastone found. The survey of 26 asset managers from Asia, the UK, US and Europe expressed their ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
After entering into an agreement with Insignia Financial in December last year to take on around 1400 staff and transform its master trust business, SS&C is eyeing significantly more market share in Australia. Speaking to Financial Standard, SS&C global ...