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Showing 21 - 30 of 191 results for "Lucas"

Raiz increases fees for lower balances

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... there will be no fee change for the Custom portfolio launched in January this year. Raiz Invest Group chief executive George Lucas said the fee increases are due to increased corporate governance costs associated with delivering financial products and ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... micro-investing platform generated most of the revenue of $4.7 million, growing nearly 20%. Raiz Invest chief executive George Lucas sees FUM growing to $1 billion by the end of this year. "The growth in Indonesia and Malaysia continues to exceed our ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
... or 14% from $64 million after losing over $6 million in 2020 because of the ERS. Raiz Invest group chief executive George Lucas said the platform is also targeting SMSFs to invest in any of the investment portfolios on offer. "We believe this is an exciting ...

Raiz appoints new chair

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
... company The Now Communications Group and independent non-executive director of InvestSMART. Raiz chief executive George Lucas said the appointment of someone with a marketing background was a strategic decision. "The appointment of Kevin, with significant ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... reorganising the executive team to better manage the business as it expands globally. Chief executive of Australia George Lucas has moved into the role of group chief executive with the chief executives of Australia, Indonesia and Malaysia reporting ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... advisers you've got to have particular reviews done of you," Hearts and Minds Investments chief investment officer Rory Lucas told Financial Standard. "When we spoke to some of these ratings agencies, we said 'Look, we don't have a three-year ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... during an economic slowdown, ensuring we end another strong financial year on a high note," Raiz chief executive George Lucas said. "The relatively modest increase in superannuation FUM during the month was achieved despite more than $1 million in withdrawals ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... the ERS kicked off, with the platform expecting further withdrawals in July. However, Raiz Invest chief executive George Lucas maintains the investment platform is liquid and ready to weather further withdrawals thanks to its investments in ETFs. In ...

Fees drop at Raiz

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... 0.428% across the firm's range of investment portfolios. Speaking to Financial Standard, Raiz Invest managing director George Lucas said the impact to investors would depend on which portfolio they were invested in, according to the differing weight ...

Super fund awards global equities mandate

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... investment professionals three years ago. The firm manages US$330 billion with US$83 billion in listed equity investments. Lucas Rooney, head of institutional business for Neuberger Berman in Australia, praised the companies GEDI portfolio manager and ...