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| | | Arnie Selvarajah and Dean Davenport will become the new co-chief executives of Bell Financial Group (BFG), while executive chair Alastair Provan retires. Selvarajah has been the chief executive of BFG group subsidiary, Third Party Platform (Bell Direct) ... |
| | | | ... the intervening years, she worked in senior roles that included leading the Actuaries Institute as chief executive and holding directorship positions at the Association of Superannuation Funds of Australia and Hollard Insurance. AMP chief executive Alexis ... |
| | | | ... unanimously elected non-executive director Paul Rogan as chair. Rogan has served as a non-executive director since 2017, holding the position of chair of the audit, risk, and compliance committee, and as a member of the remuneration and nomination committee. ... |
| | | | ... CrowdProperty mitigates the risk of investor capital loss through its 57-step due diligence loan appraisal process and in holding first mortgage security. CrowdProperty was originally founded in the UK by investment veterans Michael Bristow, Simon Zutshi ... |
| | | | ... the investment cycle. Blackwattle said the new investment manager can reduce market risk under the revised mandate by holding up to 50% of the fund's capital in cash. The balance will be invested in the Australian share market. To give the new investment ... |
| | | | ... either licence and her false statements during the presentation, which implied that she held those licences, constitute a "holding out" in violation of the relevant provisions of the legislation. "As a result, I am convinced that the applicant has breached ... |
| | | | The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ... |
| | | | Magellan Asset Management is considering overhauling the structure of one of its funds as it persistently trades below its net asset value. The closed-end Magellan Global Fund (MGF) is up for review as the board weighs up converting it into an open-end ... |
| | | | Forager Funds Management is set to delist its Australian-listed investment trust as it continues to trade at a 15% discount to its net asset value. The Forager Australian Shares Fund (FOR) has struggled to close the 15% valuation gap over the last four ... |
| | | | ... platforms' consultation, released today, mandates that exchanges with over $5 million in assets or an individual client holding more than $1500 obtain an AFSL. Exchanges meeting these conditions will be obligated to operate "efficiently, honestly, and ... |
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