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| | | Blue Orbit Asset Management has lost its operating chief with the departure of Lewis Bearman who will now take a break from executive roles. Bearman joined Blue Orbit almost three years ago jumping from Prodigy Investment Partners, where he carried ... |
| | | | An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ... |
| | | | Australia's unemployment rate has risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment ... |
| | | | Fund selectors are turning to actively managed funds, bonds, private assets, and sustainable investments, according to a Natixis IM survey. Fund selectors are increasingly turning to active management as a tool for managing client portfolios, most saying ... |
| | | | Together, Knight Frank and capital markets advisory firm Berkadia will partner to become one of the world's leading multi-family brokers. The new partnership will establish a premier global capital markets platform, providing clients with access to ... |
| | | | Following major growth, including in the Australian market, the global investment consultant bought out the 51% stake held by Baird Capital. The transaction, supported by Beach Point Capital Management, follows a season of significant growth for bfinance ... |
| | | | Ongoing rate hikes will add a little drama to this year's reporting season; however, experts say things might be looking up for active stock pickers. UBS explained this is due to markets exiting the macro-driven stage of the market cycle and transitioning ... |
| | | | Praemium's wholly owned subsidiary Powerwrap has renewed its partnership with Escala Partners for a further six years. Escala Partners is Praemium's largest client, with approximately $7 billion of funds under administration on the Powerwrap platform. ... |
| | | | Former Perth financial adviser Rahul Goel and Sydney-based adviser Sean John Sweeney have been permanently banned from having any involvement in financial services. In December last year, Goel was sentenced to three years in jail for fraud offences ... |
| | | | ASX-listed companies continue to fall short of disclosing material business risks in their annual reports, according to the corporate regulator. ASIC commissioner Sean Hughes warned company directors to pull up their socks when it comes to improving ... |
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