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Showing 401 - 410 of 4201 results for "Wholesale"

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... they need to hedge 100% of their exposure and manage it on an ongoing basis," Rochford said. The fund is designed for wholesale investors with USD-denominated assets to protect valuations against a rising AUD. Selling USD against the AUD via foreign ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... to offer investors the opportunity to diversify into the private debt market. The joint venture will initially engage wholesale investors and family offices, with private debt secured by residential real estate and industrial sites across the Eastern ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... included in the draft legislation. The recommendation that clients be required to give informed consent to be treated as wholesale clients is also missing. "FAAA members and their clients are looking forward to the certainty that this legislation will ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... "evergreen solution" designed to democratise access to asset classes - previously exclusive to institutional investors - to wholesale clients. The asset manager's local chief executive Andrew Creber told Financial Standard that the firm has witnessed ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... Prime Value Asset Management co-founder and chief executive Yak Yong Quek said retirement villages were attractive for wholesale and high-net-worth investors, and family offices seeking alternative assets. "The retirement living sector has grown significantly ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... relevant financial products to retail clients to pay $47,593,147 in total. Licensees that provide personal advice to only wholesale clients will pay $176,202, while those that provide only general advice to retail clients or wholesale clients will be ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... Oztures Trading, which traded as Binance Australia Derivatives, due to its incorrect classification of retail clients as wholesale clients. This was paid in two tranches, first in May and June 2023 and then in September 2023. The further $4.3 million ...

Invesco hires from Northern Trust

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2023
... continue to build our local presence across factor investing and multi-asset strategies in both the institutional and wholesale channels." Prior to NTAM, Bennett spent 14 years at Russell Investments in a range of roles, including leading global quantitative ...

Maple-Brown Abbott names distribution heads

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... Further, Vijay Srinivasan, who held the role of national key account manager since 2021, has been appointed as head of wholesale distribution. Srinivasan has worked across sales and distribution for over 20 years, including at Colonial First State, BlackRock ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... producing documents that are engaging and "actually communicates with clients what they need to know - whether they are wholesale or a retail client". The firm is anticipating a large intergenerational wealth transfer that will require advisers' ...