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| | | ... must also be in the public interest. Some 1088 Netwealth members are impacted by the collapse of the First Guardian Master Fund (FGMF), with about $101 million estimated to have been lost. Netwealth said the purpose of the application is to ensure members ... |
| | | | Macquarie Investment Management (MIM) today announced it will shed more than 240 actively managed and passive funds on its Wrap platform. As of today, Macquarie said it closed off 243 funds that invest across a myriad of asset classes "to new investments ... |
| | | | The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn that an entrenched system requires an urgent shakeup. ... |
| | | | Federated Hermes has agreed to acquire an 80% interest in Federal Capital Partners Fund Manager (FCP). The transaction is expected to close in the first half of 2026, and will be the second private markets acquisition made by Federated Hermes since ... |
| | | | At any given opportunity, policymakers and industry leaders love to boast about Australia's 'world-class' $4.3 trillion superannuation system. While investments and performance have been impressive and the system has taken the pressure off the government ... |
| | | | Regal Partners is expanding its leadership bench with two strategic hires - a new strategy chief and a North American head. Ilana Stringer has joined the ASX-listed specialist alternative investment manager in the newly created role of head of strategy ... |
| | | | GAM Investments is bringing back one of its own to lead the charge on growth, with Australian executive Tim Rainsford returning after a five-year break to helm the Swiss asset manager's product and distribution efforts. Rainsford, who studied at ... |
| | | | Major players in alternatives and real assets are reshuffling their ranks, with asset consultants, super funds and investment managers all announcing new hires and promotions. AustralianSuper confirmed that head of mid-risk portfolios Jason Peasley ... |
| | | | ... interests between July 2020 and February 2024. ASIC said Videkanic advised clients to establish a self-managed superannuation fund (SMSF), rollover their existing superannuation into the SMSF and invest a significant portion of their retirement savings ... |
| | | | ... against advisers and financial advice firms. This type of complaint increased by 18% in FY25. Self-managed superannuation fund (SMSF) complaints grew by 95% to 1323. "As with many SMSF complaints, these often involve recommendations to rollover superannuation ... |
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