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Showing 7801 - 7810 of 21779 results for "Dec"

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
Spectrum Wealth Advisers is seeking to cancel its licence and is no longer providing financial services, with many representatives having now joined new licensees. ASIC recently advised clients of Spectrum Wealth Advisers and the advisers registered ...

Schroders acquires majority stake in impact investor

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Global asset manager Schroders has acquired a majority stake in Swiss impact investor BlueOrchard Finance. The financial terms of the deal have not been disclosed, with the acquisition expected to complete in the second half of 2019. Schroders now has ...

Asset manager implements advisory board

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
A $2.2 billion privately-owned wealth and asset manager installed an advisory board in an effort to improve decision making. Elston Group has implemented a new advisory board, appointing former long-time JB Were and Goldman Sachs/JB Were managing director ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
At the Macquarie Group annual general meeting chief executive Shemara Wikramanayake said the group was performing in line with expectations, despite the annuity-style businesses, including Macquarie Asset Management, being down. Addressing the AGM ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million. ASIC estimates the total gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged ...

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
Fewer companies sought to list on the ASX in the first half of the year but IPO investors were rewarded well on the listing day, according to HLB Mann Judd's biannual IPO report. Only 23 companies listed in the six months to June, raising $823 million. ...

Financial advice firm grows

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2019
An AZ NGA advice business has expanded, acquiring a financial planning practice in Sydney's greater west. Eureka Whittaker Macnaught has acquired Warren McHattan Financial Services in Parramatta, putting into motion a broader strategic plan called ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
Suncorp was hit with a shareholder resolution today demanding it reduce its investment and underwriting exposures to coal, oil and gas. Market Forces lodged the resolution on behalf of 100 Suncorp shareholders. Suncorp confirmed it has received the ...

Radar Results hires Queensland manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
Financial advice practice broking firm Radar Results has appointed a new manager for the Queensland region. Susannah Hart is the new Queensland manager from today. She joined Radar Results in October 2018, working as a licensed business buyer's agent ...

Active, passive investing continues to confuse: Research

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
Active and passive management are still confusing investors, according to Natixis Investment Managers. Latest research from the global investment giant shows just over two thirds of surveyed investors across the globe understand the difference between ...