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Showing 471 - 480 of 4732 results for "Distribution"

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... expectations. Earlier this month, ASIC released the findings of its review of product issuers' compliance with the design and distribution obligations (DDO), calling for them to improve their distribution practices after identifying numerous shortcomings. ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... arrived from BlackRock, where he served as head of wealth for iShares Australia, running the retail business and distribution strategy. Before that, he was vice president of investor solutions for Barclays Capital for five years, landing from Macquarie ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... development would mean that a retail CBDC is left out in the cold, and for several reasons surrounding private settings, distribution complications, underlying technology issues and more. It is further reinforced in the report, stating many "advanced ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... be approx. $100,000, however the reality is this figure is significantly reduced based on the proposed settlement distribution scheme. Personally, my BOLR shortfall is approximately $1.6 million (excluding GST) [and] I do not believe the prospect of ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... surface being part of a more diversified asset manager like Regal could allow Platinum to leverage Regal's broader distribution network, reach a wider audience and mitigate outflows via cross-selling. "Regal may need to improve operating efficiencies ...

Dimensional hires institutional sales lead

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... Dimensional Fund Advisors has appointed a new institutional sales lead. Gemma Bjarnason's appointment raises the local distribution team to six. Bjarnason is tasked with further developing the institutional business and working with its clients to ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... manager based in London has more than $16 billion in total AUM. Osmosis joined forces with Clearway in 2017 for a local distribution partnership. Clearway recently won a distribution mandate with Matthews International, which manages some US$8.1 billion ...

BT outsources to SS&C Technologies

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... BT funds. BT previously managed the unit registry service function in-house. The head of SS&C Global Investor and Distribution Solutions (GIDS) Australia Shaun McKenna said: "SS&C has extensive experience helping asset managers digitalise and transform ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations (DDO) shows. The regulator is calling on product issuers to ensure their distribution practices are sound ...

Fitzpatricks appoints new chief

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... founder of Wildflower Capital and the managing director of Cottesloe Consulting Group. He was the director of retail distribution at Pinnacle Investment Management for less than a year and prior to that was the founding partner and managing director ...