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Showing 631 - 640 of 3116 results for "November 29"

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Only 27% of candidates who sat the latest Chartered Financial Analyst (CFA) level one exam passed. The November exam, which had 28,170 aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Vanguard's decision to hand back institutional mandates has been good news for State Street Global Advisors, BlackRock and several other managers, analysis shows. In October 2020 Vanguard announced it would hand back mandates to super funds ahead of ...

Caddick's cars head to auction

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Melissa Caddick's cars will go under the hammer this month as liquidators attempt to recover investors' lost assets. Meanwhile, work is also underway to sell her properties and share portfolios. Jones Partners, the liquidators for Caddick's ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Pinnacle Investment Management shuttered one of its affiliates just two years after it acquired a stake. Reminiscent Capital, a discretionary Asian macro strategy, folded in November 2021, resulting in a $1.8 million write off. Pinnacle hoped that Reminiscent ...

Rest strengthens investment team

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
Rest has added a head of transformation, operational risk and governance to its investments team. David Duncan has joined the industry fund in the role, having previously been director, financial services consulting at PwC. He brings about 15 years' ...

Fiducian finalises People's Choice Credit Union acquisition

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Fiducian Financial Services (Fiducian) has today finalised the acquisition of People's Choice Credit Union's financial planning business (PCCU). Fiducian was selected by PCCU as the successful bidder in November to acquire PCCU's financial planning ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
The contracts for administration, custody and financial advice services at Commonwealth Bank Group Superannuation will soon be handed over to new providers, ending some long-standing relationships. A spokesperson for the super fund confirmed to Financial ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
ASIC's watchful eye over on the contracts for difference sector has forced investors to retreat from the risky trading strategies. The number of investors transacting in CFDs and foreign exchange in the 12 months to November 2021 declined 15%, Investment ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
Tasmania continues to be the best-performing economy thanks to a booming housing market, a new report shows. For the eighth quarter in a row, the Apple Isle has outgunned the other states and territories based on its relative unemployment, retail spending ...

Australians plough record cash into managed funds

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
Australian investors put almost three times as much cash into managed equity funds in 2021 as they did in 2020, according to the latest Fund Flow Index from Calastone. Fund inflows rose to $35.7 billion across all assets in 2021, up from $13.6 billion ...