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Showing 441 - 450 of 2216 results for "In March"

Lakehouse Capital co-founder to depart

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... investment firm is bidding farewell to its chief investment officer and co-founder. Joe Magyer will return to the US in March 2022 after nine years in Australia in order to be closer to his family. He first came to Australia as portfolio manager for ...

Abrdn launches new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
... strategy that targets a strong negative correlation to equities and a beta to the MSCI World Index of -0.6 or lower. In March 2020 when the MSCI World Index fell 13.23%, during volatility sparked by the pandemic, the GRM Strategy returned +34.62%. "Returns ...

Montgomery adds to global strategy

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... Global Small and Mid Cap Fund will be available to investors on October 21 following the partnership between both firms in March. The new fund is an open-ended trust with a minimum initial investment of $25,000 and provides investors access to 25 to ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... of The Australian Dealer Group and Bhandari involving its superannuation fund. Bhandari was permanently banned by ASIC in March 2021 after an investigation found he was giving personal advice while only authorised to give general advice and was prioritising ...

Westpac New Zealand names chief executive

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... management expertise." The appointment comes after Westpac backed out of its demerger plans for the New Zealand division. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand (WNZL) as regulatory requirements in New ...

Mason Stevens grows distribution team

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
... manager, and senior relationship manager. He spent the last three years at Macquarie as business development manager. In March, Mason Stevens hired David Johnson as a sales director based in Melbourne. Johnson spent over four years at Challenger as state ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... 21 July 2016. The Royal Commission referred the conduct to ASIC in February 2019 and ASIC filed the case a year later, in March 2020. A few months later, in July 2020, APRA imposed licence conditions on CFSL [which continue and were for separate matters ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... hedged and unhedged global equities during the GFC and a 15% difference during the COVID-19 induced market volatility in March 2020. This is relevant to how funds respond to the YFYS reforms, he said. "In an era of YFYS performance tests, a fund's survival ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... charges a management free 1% plus GST p.a. as well as fund costs capped at 1.05% p.a. HGL acquired Supervised Investments in March and brought it into the group as a wholly owned and managed fund manager. Supervised Investments had over $10 million in ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... and retail client investment solutions," Antares fixed income Mark Kiely said. Kiely has been with MLC since 1993, and in March 2020 took over as the head of Antares fixed income as Ken Hyman handed over the leadership responsibilities. Hyman still remains ...