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| | | Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth about $958 million is to be terminated. The termination ... |
| | | | ... - a $300 million decline from the previous year - according to DEXX&R. The market research firm's latest Life Analysis report showed total new individual risk premiums dropped 18.5% over the year, falling to $1.11 billion. This includes policies covering ... |
| | | | ... election also upended the highly anticipated public inquiry into the failures of Dixon Advisory, which was slated to provide a report by the last sitting day of March 2025. The Financial Advice Association Australia (FAAA) general manager of policy ... |
| | | | Magellan Financial Group was hit by $1 billion in net outflows in April, comprising $100 million in net retail outflows and $900 million in net institutional outflows. However, total assets under management (AUM) increased from $37.5 billion in March ... |
| | | | ... Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. During the year to March, 1274 financial advisers registered with a new AFSL. The five AFSLs that attracted the most advisers ... |
| | | | Vado Private, the private credit provider, has recruited a funds management lead as demand for private corporate loans soars. Mark Zukerman has been appointed to the newly created position and will join the investment committee, ensuring the private ... |
| | | | JP Morgan Asset Management has appointed an exchange-traded fund specialist from Vanguard to bolster distribution in the rapidly growing market. Stefania Vivarini is credited with launching Vanguard's ETF-based separately managed accounts. Vivarini ... |
| | | | Funds SA deputy chief investment officer and director of equities has jumped to Cbus Super, the industry fund for building and construction workers. After seven years with the $46 billion investment corporation owned by the government of South Australia ... |
| | | | Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ... |
| | | | BNP Paribas has named Nicolas Parrot as its new chief executive for Australia and New Zealand, replacing Karine Delvallée. In his new role, Parrot leads a team that delivers global markets and banking, and securities services solutions and asset management ... |
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