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Showing 651 - 660 of 8316 results for "Retail"

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... custodian. It will safeguard a significant portion of the private keys associated with the Trust's Ether in cold storage. Retail investors, limited in their options for US-regulated ETF investments in Ethereum, have been compelled to turn to "riskier ...

VBP adds to leadership team amid Elixir acquisition

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... chief growth officer, effective immediately. Yun joins from Challenger, where she held the role of head of sales growth and retail distribution for a little over three years. Prior to that, she spent over eight years at AMP in various roles, including ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... estimates for the 2022-23 year, in June, the total cost recoveries for financial advisers providing personal advice to retail clients was estimated at $55.5 million," FAAA chief executive Sarah Abood said. "The FAAA challenged this number and the underlying ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... are being offered to investors," he said. "So, there are now products in the Australian market geared more directly to retail investors, like open-ended alternative funds." He explained such products allow local investors the ability to move into alternatives ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

Morningstar executive lands at ART

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... product and research at UBS Wealth Management, investment strategist at Deutsche Asset Management, and Skandia's head of retail investment services. In her new role, Fitzgerald will be accountable for ensuring investment portfolios and investment capability ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... both a relevant provider and a registered tax agent on 20 September 2023 can provide tax (financial) advice services to retail clients on relevant financial products. A qualified tax relevant provider is defined as a relevant provider who is a registered ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... Monday, reported a month-on-month FUM reduction of $800 million as of the end of October, comprising of $300 million net retail outflows and $500 million net outflows from institutional investors. On the same day, Magellan officially welcomed Kathy Kovacs ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division divested 10 business ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... strategies. PM Capital was established by its current chair and chief investment officer Paul Moore; it serves Australian retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. ...