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|Global Value Investors (GVI) has appointed former QBE fund manager Grant Cullens as joint managing director as it looks to expand its business. With over 20 years investment experience, Cullens joins GVI after serving as senior fund manager in international ...|
|AGEST has appointed legal expert and fund trustee Cath Bowtell as chief executive, replacing Michael Seton who left last month to become CEO of Military Super. Bowtell, has a law degree and has been a superannuation trustee for over ten years, with ...|
|LUCRF Super has made charity work a key priority following the establishment a community partnership trust. John Lenders MP, Victorian treasurer and minister for financial services officially launched the trust at an event that was attended by over ...|
|Ipac Asset Management has appointed Antares Fixed Income to manage a $100 million inflation-linked bonds mandate. The nabInvest specialist fixed income manager won the mandate after ipac re-configured its debt portfolio. Antares' FUM grow by over $3 ...|
|NGS Super has made two appointments to its business and fund development teams. NGS Super hired former BT executive Kate Bell as Western Australia business development manager, and accountant Daniel Eitzen as fund development manager. Bell has formal ...|
|Vanguard Investments Australia's long serving chairman and founding managing director Jeremy Duffield will retire at the end of the year, the company announced. Duffield joined Vanguard in 1980 from the Federal Reserve Bank of Richmond, Virginia, where ...|
|AMP Financial Services head of paraplanning, Scott Machin, has been promoted to the newly created role of director of advice. Machin will be in charge of paraplanning, product research, advice solutions and TapIn (adviser technical support) for AMP ...|
|Asteron has axed mandatory personal medical attendant's reports (PMARs) for all types of cover across all products, making insurance easier to access for advisers and clients. Asteron has also increased non-medical and financial underwriting requirements ...|
|Canberra based fund manager Australian Ethical announced it had donated more than $1 million into the community over the last ten years, after distributing $124,941 in its 2010 community grants program. The 2010 round of Australian Ethical community ...|
|S&P fund services has placed the CFS Wholesale Global Share Fund and the CFS Wholesale Geared Global Share Fund 'on hold' following the second departure from the fund manager in three months. Financials analyst Vincent Houteville is set to leave the ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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