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| | | The corporate regulator has slightly softened its accusations against Mayfair 101 founder James Mawhinney - saying he wasn't consciously dishonest, just irresponsible. During a hearing in ASIC's case against M101 Nominees held on March 9, a lawyer for ... |
| | | | Managed accounts assets reached a record $95.2 billion at the end of 2020 thanks in part to stock markets rebounding. According to the Institute of Managed Account Professionals chair Toby Potter, the sector is stronger than eve r and will continue ... |
| | | | It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ... |
| | | | The global funds management giant, which does not have an ETF business in Australia, has hired the former boss of an ETF issuer as a consultant. Kris Walesby was the chief executive of ETF Securities for nearly five years, before his sudden departure ... |
| | | | Auctus Asset Management (AVC) will buy an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong ... |
| | | | Bellmont Securities has hired a sales manager of adviser solutions in a bid to expand its managed accounts offering. Ben Bell joined the Sydney-based firm this month, recently working at Aberdeen Standard Investments (ASI) as an associate director in ... |
| | | | AMP has reported the extent of the remuneration awarded to former AMP Capital boss Boe Pahari in the 53 days he led the business. As outlined in AMP's annual report, Pahari was paid $376,000 in cash payments. While he was not entitled to a short-term ... |
| | | | After leaving Clime Investment Management abruptly in November, the former chief executive has taken on a new role at an early-stage investment firm. Rod Bristow has been appointed as chief executive of Investible, having been in the role at Clime since ... |
| | | | The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ... |
| | | | A global long/short equities boutique is branching out on its own, as it buys back Montgomery's stake in its business. Andrew Macken and Chris Demasi's Montaka Global Investments was established in 2015, with Roger Montgomery's Montgomery ... |
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