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Showing 4501 - 4510 of 21770 results for "Dec"

Macquarie AM goes after US HNWs

ELIZABETH MCARTHUR  |  TUESDAY, 15 MAR 2022
Macquarie Asset Management has acquired Central Park Group, a US-based independent investment advisory firm. Central Park Group specialises in institutional-quality alternative investment strategies for high-net-worth investors. The company provides ...

Startup launches risk retention option

KARREN VERGARA  |  TUESDAY, 15 MAR 2022
A life insurance startup is launching an alternative option that targets customers who want to cancel their policy. iExtend partners with policyholders by paying the premiums of the co-owned cover. Policyholders are able to maintain their cover and ...

Managed accounts FUM at $131bn

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
Strong inflows and solid market performance underpinned significant growth in the managed accounts sector, according to the latest data released by Institute of Managed Account Professionals (IMAP) and Milliman. As at 31 December 2021, funds under management ...

Citi appoints new debt head

ELIZABETH MCARTHUR  |  MONDAY, 14 MAR 2022
Citi has appointed Ollie Williams as head of debt capital markets for Australia and New Zealand. Williams will report locally to Tony Osmond, head of investment banking for Australia and New Zealand, and regionally to Adrian Khoo and Ben Ng who are ...

Pendal executive to join crypto firm

KARREN VERGARA  |  MONDAY, 14 MAR 2022
A long-serving Pendal Group fixed income lead and his team of four have jumped ship to a cryptocurrency advisory firm. Vimal Gor, who was the head of Pendal's alternative duration, a boutique looking after the High Alpha Fixed Income Fund that was ...

Magellan loses $5bn in fortnight

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Magellan Financial Group reported another massive outflow in which $5 billion left the ASX-listed fund manager in two weeks. This brings total funds under management to $69.1 billion as at March 11. Some $4.7 billion of the most recent outflows came ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Lawyer Michelle Levy's appointment in overseeing the Quality of Advice Review has received a mixed reception from the financial advice industry. The Association of Independently Owned Financial Professionals executive director Peter Johnston called ...

Stake adds crypto to platform

ELIZABETH MCARTHUR  |  MONDAY, 14 MAR 2022
As cryptocurrency continues to enjoy mainstream uptake, trading platform Stake has added the option of crypto to its platform. "The decision to take on cryptocurrency was a natural step in offering our customers greater access to financial opportunities," ...

Legal expert to lead QAR

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
A legal expert will take the reins in leading the Quality of Advice Review, Senator Jane Hume announced this afternoon, adding that the terms of reference have also been finalised. Allens partner Michelle Levy, a specialist in financial services, life ...

Aussie small-cap fund returns 40%

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
A Bennelong small-caps fund outperformed the index nearly fourfold over the last three years, an analysis of the sector shows. The Bennelong Funds Management Emerging Companies Fund returned 40.4% p.a., Rainmaker's research on the wholesale funds ...