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Showing 571 - 580 of 3008 results for "February 28"

Cryptocurrency lender Helio charged for false credit licence claims

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Melbourne-based cryptocurrency lender Helio Lending has been charged with falsely claiming that it held an Australian credit licence (ACL) when it did not. Helio Lending offered cryptocurrency-backed loans to consumers, using the digital currency as ...

Alphinity lowers global equities fund fees

JAMIE WILLIAMSON  |  THURSDAY, 7 APR 2022
The Fidante boutique is lowering the fees on two of its global equity funds from May. Management fees on the Alphinity Global Equity Fund and the Alphinity Global Sustainable Fund will be reduced from 1.00% to 0.75%, inclusive of GST and net of RITC. ...

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Magellan experienced $1.1 billion in net outflows from March 11 to March 31. The outflows were made up of $500 million in retail outflows and $600 million in institutional outflows. The fund manager also announced to the ASX that it has received notification ...

ART hires from Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
Australian Retirement Trust, the newly merged QSuper and Sunsuper, has appointed a head of sustainable investment from Cbus. In what is the fund's first major appointment since finalising the merger on February 28, it has nabbed Cbus global head of ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The investment manager has disclosed the loss of a substantial institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional ...

BT superannuation lead joins Citi

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The acting managing director of superannuation at BT has taken a new role at Citi Australia. Hannah Oakhill is now head of retail banking and wealth management at Citi, effective this month. Oakhill joins from BT where she had been serving as acting ...

Maple-Brown Abbott lifts AMP Capital managers

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
Boutique investment manager Maple-Brown Abbott has lifted two small cap portfolio managers from AMP Capital. Phillip Hudak and Matt Griffin will join Maple-Brown Abbott as co-portfolio managers, Australian small companies, at the end of April. They ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Just 32% of the financial advisers that sat the exam in February have passed. Releasing the results of the February exam on Friday, ASIC said 32.4% or 108 of the 333 advisers in the sitting were successful. Of the February candidates, 73% were sitting ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale. Diversa Trustees' OneSuper, formerly known as Smartsave, is home to 14 superannuation offerings including Allan Gray Superannuation ...

Janus Henderson appoints new chief executive

CHLOE WALKER  |  THURSDAY, 24 MAR 2022
Joining from AllianceBernstein, Ali Dibadj has been named as Janus Henderson's new chief executive, succeeding Dick Weil. Weil is set to retire as chief executive and member of the board at the end of the month. Dibadj is expected to take over as chief ...