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| | | MST Financial has bolstered its funds under management and advice to $700 million with the acquisition of FIIG Securities' asset management unit from AUSIEX. After acquiring FIIG in May, AUSIEX has transferred the former's income managed funds and individually ... |
| | | | Australian Retirement Trust (ART) has hired a senior investment executive from NSW Treasury Corporation (TCorp). Matt Dellit has left his position as head of alternatives at TCorp to join the $330 billion superannuation giant. Dellit will take on the ... |
| | | | Alexander Funds, the credit income investor, has added a second operative to its Sydney office to boost its distribution team. Oliver Carr joins as a business development associate, reporting to James Curnow, regional manager for NSW, ACT and Queensland. ... |
| | | | A decade on from separating the two, First Sentier Group is merging Stewart Investors and FSSA Investment Managers back together. FSSA Investment Managers will take over Stewart Investors' funds this week, First Sentier Group said. The decision follows ... |
| | | | FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ... |
| | | | ... "We've been pretty open and upfront. We're never going to bet against the US. If you're a genuine long-term investor, then you are looking through the political science. That's what you do, right? And in fact, at times, it creates some ... |
| | | | ASIC's crackdown on the private credit market has created a 'stay or leave' proposition for some fund managers, a Financial Standard event heard. Speaking at the recent Financial Standard Advisers in Focus event in Melbourne, HMC Private ... |
| | | | Aware Super and Barings are turning their build-to-rent (BTR) portfolio into a standalone brand named WeAreLiving, aiming to grow the platform to $2 billion in the next five years. From this week, an initial seven BTR buildings will be represented by ... |
| | | | ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems. The regulator said it was because of "critical ... |
| | | | Global X is set to launch its first Japan ETF for local investors this month, but unlike other ETFs available right now, it will be the first to track the TOPIX - the Japanese equivalent of the ASX 200. Global X declined to comment on the launch but ... |
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