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Showing 661 - 670 of 8321 results for "retail"

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. ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ...

Investor associations to unite

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Retail investor advocates the Australian Shareholders' Association (ASA) and the Australian Investors' Association (AIA) are planning to consolidate next year. The boards of both groups have agreed to the amalgamation, with the AIA to close its organisation ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. JBWere Australia began exiting the retail client demographic in 2018, largely due to the complex regulatory ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... significant achievement in their strategy to streamline AMP. "The sale allows AMP to focus clearly on our core businesses in retail banking and wealth management in Australia and New Zealand," George stated. The anticipated completion of the transaction ...

Insignia appoints to board

CHLOE WALKER  |  MONDAY, 30 OCT 2023
... general manager customer service and chair. She also served at Westpac Australia and Westpac New Zealand as general manager retail banking, and at Perpetual as its general counsel and company secretary. "Gai brings significant expertise and governance ...