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Showing 6831 - 6840 of 22796 results for "Funds"

Apt Wealth Partners acquires firm

ELIZABETH MCARTHUR  |  TUESDAY, 28 JAN 2020
Apt Wealth Partners, a national financial advice business with more than $1.5 billion in funds under management, has acquired a Melbourne-based advice firm. Apt Wealth Partners has acquired Semaphore Private. The acquisition will see James McGregor ...

GQG Partners hires insto director

ELIZA BAVIN  |  TUESDAY, 28 JAN 2020
Jeremy Crowley will leave his position at Bennelong Funds Management, where he served as an institutional distribution executive to step into his new role. During his time in that role Crowley helped establish a number of boutiques across a wide range ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... adviser from the NSW town of Valentine has been permanently banned for making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently banned ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... questionable use of ATO statistics, as a more appropriate figure would relate to the median operational and investment costs of funds under $500,000, which is under $5000 per annum compared to the figure of almost $14,000 used by ASIC." He also slammed ...

VFMC hires investment stewardship lead

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
The Victorian Funds Management Corporation has confirmed the appointment of a new head of investment stewardship, formerly of UniSuper. Talieh Williams will take on her new role effective February 3. Williams previously work at UniSuper as manager of ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... that aren't generally available in the industry, such as bonds, international trading with multi-currency trading, and IM funds," he added. Heine said it was important for Netwealth to be able to offer a specific product for wholesale investors who need ...

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... Super chief executive Laura Wright said the idea was sparked at a Women In Super breakfast at Association of Superannuation Funds of Australia (ASFA) conference, where a speaker spoke on the topic. "About 20 of our staff were interested and from that ...

Boutique shuts doors

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... Bendeich and John Campbell in 2011, with the backing of multi-millionaire Jeff Chapman's multi-boutique business Bennelong Funds Management. In March last year, it shuttered its retail fund but remained open for institutional investors. Avoca has now ...

More staff embroiled in Macquarie investigation

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... activities in a 2011 short-selling transaction. The transaction saw it act as a lender to a group of independent investment funds who sought to trade shares around dividend payment dates on an effort to gain the benefit of dividend withholding tax credits. ...

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
Financial advisers must act to repair the trust deficit or risk being superseded by superannuation funds. That's according to advisory and accounting firm HLB Mann Judd's Michael Hutton, who warned of the threat the changes could have to financial ...