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| | | One of the world's largest fixed-income managers, Western Asset Management, has launched a new absolute return credit fund aimed at exploiting credit opportunities amid volatile markets. Speaking at the Legg Mason Investment Symposium in Sydney yesterday ... |
| | | | Financial technology provider Provisio Technologies is looking to cater to the intra-fund advice market with the release of a new advice delivery service, Provisio Version 3. Cameron O'Sullivan, a director of Provisio Technologies, said several industry ... |
| | | | James Purvis, founder of one of the biggest financial planning research groups in Australia, has opened an implemented portfolio business that's attracting mandates from the managed account market. He founded Purvis, van Eyk and Company in 1989, now ... |
| | | | A US retirement assembly has backed a bill treating placement agents as "lobbyists", in a bid to help protect the integrity of the nation's two largest public pension funds. Assembly member Ed Hernandez, who helped author the bill, said the vote meant ... |
| | | | AMIST Super has become the first super fund to adopt the FTSE ASFA Australia after-tax benchmarks for its Australian equities managers. John Livanas, chief executive at AMIST Super, which has more than $280 million in invested in Australian equities ... |
| | | | The Australian Institute of Superannuation Trustees and Victoria University have teamed up to introduce a new university course catering for trustees and other superannuation professionals. AIST and VU are delivering a new post-graduate qualification ... |
| | | | Diversified funds manager Pengana Capital has opened its Asian Equities Long Short Fund to the retail market. The fund was previously only accessible to wholesale investors. The fund offers investors the opportunity to participate in the growth potential ... |
| | | | Challenger has launched its Guaranteed Income fund, a unitised annuity investment fund onto the BT Wrap platform following financial planner demand for more income products. The fund invests in annuities issued by Challenger Life and investors can select ... |
| | | | Following the political storm that erupted in WA last week after reports about the pay rise of GESB's chief executive, a statement issued by the fund's chairman has advised that no pay rise was granted last year. GESB Chairman Phil Harvey said "The ... |
| | | | The Aberdeen-Credit Suisse deal signed early this year culminates in a new senior management at the combined firm, with Aberdeen COO Brett Jollie promoted as new head while chief exec Bill Bovingdon and two other senior execs depart. Bovingdon, chief ... |
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