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Showing 391 - 400 of 1896 results for "Lendi"

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Lendi and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

CIP Asset Management enters retail market

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
CIP Asset Management, formerly Challenger Investment Partners, has entered the retail fixed income funds management market. CIP has launched a retail version of the CIPAM Credit Income Fund - a floating rate, multi-sector credit strategy which invests ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
Described as the 'end of an era', the Diploma of Financial Planning and Advanced Diploma of Financial Planning have been removed from the national regulator's register of vocational education and training. On November 3, the Australian Skills ...

AustralianSuper hires for investment team

KANIKA SOOD  |  TUESDAY, 24 NOV 2020
The $188 billion superannuation fund has appointed a new deputy head of equities, and three investment directors for its London team. Former VFMC chief investment officer Justin Pascoe, who joined AustralianSuper mid-2019 as a senior portfolio manager ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
A non-executive director of the platform provider has been forced to step down following an administrative error, while the former Powerwrap chair has been appointed to the board. Claire Willette has stepped down as a non-executive director after her ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
The review of competition in the Australian funds management industry is officially underway between the corporate regulator and Deloitte Access Economics. ASIC acting chair Karen Chester said the review seeks to identify where "competition is effective ...