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| | | Family offices across the globe are increasing their investments in computer software and services, a PwC study reveals. The 2023 PwC Family Office Deals Study, which analyses the direct, real estate and start-up investments of 7500 family offices around ... |
| | | | BlackRock has named Susan Chan as its new head of Asia Pacific (APAC), tasked with overseeing business, client, investment, and operational platforms for wealth and institutional investors. Chan succeeds Rachel Lord, who relocates to London and takes ... |
| | | | The Financial Advice Association Australia (FAAA) expects a year of positive change, including cutting costs for advisers, greater engagement with consumers, and rising adviser numbers. Outlining its priorities and expectations for 2024, the FAAA has ... |
| | | | A financial adviser based on Queensland's Hope Island was permanently banned by the corporate watchdog after he was found to have misled clients about potential returns and used their funds for his own expenses. Delan Pagliaccio is banned from providing ... |
| | | | Philip Gentry, Equity Trustee's (EQT) chief operating officer and chief financial officer, is stepping down from the dual roles after eight years. EQT board chair Carol Schwartz said Gentry "played a pivotal role in helping reshape EQT". "His contribution ... |
| | | | Citi Securities Services has introduced capabilities to support dual-access exchange-traded funds (ETFs), affording investors the flexibility to access funds via an exchange or unlisted distribution channel. The global custodian now distinguishes itself ... |
| | | | Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ... |
| | | | VanEck's latest annual investor survey has found that despite volatility, most Australian investors are set to increase their investments in exchange-traded funds (ETFs) within the next six months. Additionally, around 50% of investors intend to boost ... |
| | | | National Australia Bank (NAB) and Jarden Wealth (Jarden) will combine their New Zealand wealth advice and asset management businesses into a newly formed entity, FirstCape. The new advice and asset management firm, based in New Zealand, will be formed ... |
| | | | AMP is reinventing the Jigsaw business to serve more self-licensed financial advisers. AMP has overhauled Jigsaw's offering, introducing an enhanced Essentials package. It already includes compliance support such as Responsible Manager training, education ... |
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