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| | | Victorian Funds Management Corporation will farewell its chief investment officer and chief financial officer in the coming months. After leading the VFMC investment strategy for eight years, Justin Pascoe is stepping down as CIO to spend more time ... |
| | | | Financial services activist group Market Forces is imploring superannuation funds to vote against remuneration reports at the upcoming AGMs of several fossil fuel companies. The plea is based around company executives proposing to receive bonuses for ... |
| | | | Liquidnet research has shown that volatility of securities is reduced by over 103% in the minute before a block trade when using the firm's anonymous dark pool. The Liquidnet Block Study examined roughly 32,000 block trades - that is, trades executed ... |
| | | | A former chief executive at Russell Investments is now on the board of NULIS Nominees, the trustee for the MLC Super Fund. Recently joining the NULIS board as an independent non-executive director is Alan Schoenheimer. He has more than 25 years' experience ... |
| | | | A former New South Wales financial adviser has appeared in court over 19 fraud-related charges brought by ASIC. Following an investigation by the regulator, Gabriel Nakhl faced the Local Court of New South Wales yesterday, accused of engaging in dishonest ... |
| | | | The overall masterfund market grew by $21.4 billion over the last financial year, according to data from Strategic Insight. The research house, formerly known as Plan for Life, has released its annual analysis of wrap, platform and master trust managed ... |
| | | | IRESS has entered an agreement to acquire an established Australian superannuation software business for a total purchase price of up to $90 million. The agreement will see IRESS acquire Financial Synergy, with the transaction expected to be complete ... |
| | | | Yellow Brick Road has entered into an agreement to sell its accounting business and legal practice. Under the agreement, DBR Advisory will acquire YBR's accounting business and related assets, including goodwill, plan and equipment, client information ... |
| | | | Six months after the deal was first made public, the Federal Court of Australia has finally approved Zurich's acquisition of Macquarie Life's risk business. Following the acquisition, Zurich will become Australia's fourth-biggest retail life insurer ... |
| | | | The Australian managed accounts market is well on the way to achieving Morgan Stanley's $60 billion FUM by 2020 prediction, with data released by the Institute of Managed Accounts Professionals (IMAP) indicating the market has more than doubled since ... |
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