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Showing 531 - 540 of 2945 results for "August 7"

Kate Howitt to leave Fidelity

CASSANDRA BALDINI  |  FRIDAY, 3 JUN 2022
Fidelity senior portfolio manager Kate Howitt has announced her retirement after almost two decades with the firm. Howitt, who has led the Australian Opportunities Fund since 2007, will step down in September but continue to oversee the transition of ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
Yarra Capital has assumed management of a Karara Capital market neutral fund, bringing on board its portfolio manager. Yarra has taken over the Karara Market Neutral Plus Fund and rebranded it as the Yarra Market Neutral Fund. In doing so, it has welcomed ...

Mercy Super awards group insurance mandate

CHLOE WALKER  |  WEDNESDAY, 1 JUN 2022
Mercy Super has appointed a new group insurer, with the mandate effective August 1. Following a competitive tender process, Zurich has been mandated to provide cover to the $1.5 billion fund's 13,000 members. In naming Zurich as its insurance partner ...

ASIC bans financial adviser for five years

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
Sydney financial adviser Walter Yaolong Guan has been banned for five years after operating without a licence. ASIC found that between March 2017 and August 2021, Guan, through his company Perennial Growth, carried on a financial services business when ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
A former financial adviser will serve a three-year correctional order, including home detention, for providing fabricated evidence as part of an ASIC investigation. Ezzat-Daniel Nesseim was sentenced to a three-year intensive correctional order after ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
A former financial adviser who was permanently banned in 2016 for using close to $2 million in client funds for his own use has now been charged with 17 offences related to the alleged fraudulent transfer of shares to himself. Ashley Howard of Hobart ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

Geoff Lloyd to chair DASH

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
The former MLC and Perpetual chief executive will take over as chair of the platform later this year, in an announcement that also confirmed the company's chief executive. DASH Technology Group has named Lloyd as chair, effective September, citing his ...

Schroders private wealth sales lead in new role

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
The head of private wealth sales at Schroders Australia has departed, taking up a new role with an ASX-listed alternatives manager. After 11 years with the company, Chris Boyd has departed Schroders where he led private wealth sales since August 2021. ...

Aura, Montgomery ink distribution deal

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Montgomery Investment Management will now distribute the Aura High Yield SME Fund on behalf of Aura Funds Management. The fund, which will be offered to wholesale investors, is a diversified portfolio of SME loans, 36% of which are in the agricultural ...