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Showing 791 - 800 of 8321 results for "retail"

Brookfield looks to enter local BTR space

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... properties is significant. "This is a highly desirable location to live, next to the Brisbane River and with an array of dining, retail, entertainment and public transport at the doorstep. It is an area that has undergone significant revitalisation over ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... market. Rainmaker noted that Mercer and Russell Investments now play a minor role in the NFP super space, however both have retail super offerings of their own to oversee.

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... Guarantee (SG) increase to 10.5% from 1 July 2022 and strong employment. Industry funds ($1.2tn) grew 6% over the period. Retail funds ($680bn) and corporate funds ($56.9bn) on the other hand dropped 1% and 4% respectively. Self-managed super funds also ...

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
... months, effective from March 21. Huntley Management was authorised to deal in the interests in managed investment schemes to retail and wholesale clients, and to provide general financial product advice to wholesale client. The licence was suspended ...

Experience pathway could create two adviser tiers

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
... disqualified or given an undertaking. A relevant provider on the other hand is someone authorised to provide personal advice to retail clients about financial products in accordance with the Corporations Act. The explanatory memorandum uses the term ...

Vanguard restructures retail unit, creates executive roles

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... superannuation and Personal Investor businesses, appointing two executives to newly created roles to help lead the merged retail units. The fund manager will merge the two retail divisions comprising superannuation and non-superannuation offerings. Renae ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... concerns. ASIC said the stop orders, handed down on Tuesday, prevented Saxo from issuing new contracts for difference (CFDs) to retail clients because of deficiencies in its TMDs. The orders were revoked yesterday after Saxo amended the TMDs to address ...

Former Mason Stevens chief sells boutique

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... and complementary capabilities on many levels. In partnering with Equity Trustees, ALC will enable the company to offer retail-compliant products to an expanded client base, he said. "The initial product line-up will consist of ALC Global Credit Fund ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... broadly in line with the 37% ownership super funds held at the end of March 2021, split across not-for-profit funds (13%), retail funds (9%) and smaller funds or self-managed super funds (15%). At the end of June 2022, industry super funds held 18% of ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... "The Federal Court of Australia has described these products as "financial heroin hits" in the hands of unsophisticated retail investors," the two firms said. According to Piper Alderman and Omni Bridgeway, hundreds of investors have already registered ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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