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Showing 41 - 50 of 344 results for %22CG Lai%22

Investors fear impact of rising inflation

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
Retail investors are concerned that inflation will have negative impacts on their portfolios but are split when it comes to making changes because of this, new research shows. Investment trading platform eToro's latest quarterly global Retail Investment ...

Fiducian acquires $1.1bn advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Fiducian was the successful bidder for the $1.1 billion financial advice subsidiary of a national bank. People's Choice Credit Union (PCCU) has sold its financial advice business to the ASX-listed group, in a move that continues Fiducian's ambitious ...

GQG Partners celebrates IPO

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
Fund manager GQG Partners has listed on the ASX in an oversubscribed initial public offering and with an implied value of nearly $6 billion. GQG's IPO offer price was $2 a share and its share price fell slightly after listing to $1.95. The fund manager's ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
The federal government sparing self-managed superannuation funds from the looming Retirement Income Covenant legislation has been welcomed by the sector. In response to the release of the Retirement Income Covenant exposure draft legislation, SMSF Association ...

Fidante boutique launches flagship fund

KARREN VERGARA  |  MONDAY, 27 SEP 2021
... five-year periods. It targets retail investors with a minimum of $10,000. The fund is managed by chief investment officer Joseph Lai, and portfolio managers Douglas Huey and Alan Zhang. The trio launched OxCap in June, Fidante acting as a shareholder ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate ...

REI Super names member-elected directors

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Three new member-elected directors have joined $2 billion superannuation fund REI Super. Nathan Jones (Victoria and Tasmania), Cassandra Mason (Western Australia and South Australia) and Leanne Pilkington (New South Wales and ACT) have been successfully ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... markets, which are fast becoming amongst the most important markets globally," BNP Paribas China Limited chief executive CG Lai said. "BNP Paribas is undoubtedly one of the best-positioned foreign banks to support institutional investors in the China ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
Audits of defunct stockbroker Halifax have resulted in the first criminal charges ever laid in Australia for failure to comply with auditing standards. EC Audit and its director Robert Evett have been charged with breaches of auditing standards and ...