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Showing 71 - 80 of 100+ results for "Adviser"

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows. The Institute of Managed Account Professionals (IMAP) and Milliman's latest Managed Accounts FUM Census ...

Swell AM launches retail trust

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
Swell Asset Management, a high conviction global equities boutique, has launched a retail trust. The Swell Global Fund replicates the group's existing absolute return strategy, which recently surpassed $100 million in funds under management. In the ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
Infrastructure boutique Whitehelm Capital has been acquired by PATRIZIA, with Challenger's Fidante set to get $50 million for its 30% stake in Whitehelm. PATRIZIA has entered a share purchase plan to acquire the entire issued share capital of Whitehelm. ...

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
The robo-adviser's new investment product allows lower-balance investors to invest $10,000 now in ETF portfolios with a $4000 initial investment, with the rest split into monthly installments. InvestSMART's fundlater loans the investor the remaining ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... one third invest via their self-managed superannuation fund. Most of these retail investors (71%) do not use a financial adviser as they do not see value in it (43%), in addition to costs (21%) posing a barrier. "As knowledge of ETFs grows, and their ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... take, ASIC commissioner Danielle Press said each trustee will have different ways of voting, some will hand it to a proxy adviser or to the investment manager, and some will vote them on their own. Super funds each have their own policy on how they vote ...

Vanguard Australia appoints new managing director

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
Vanguard Australia has named a new managing director as Frank Kolimago heads overseas for a global role. Daniel Shrimski will leave his current role of chief financial officer for Vanguard's international business, to be the managing director for Australia. ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
ASIC has released more details on how financial advisers providing advice to retail clients can comply with the upcoming breach reporting law. Information sheet 259 Complying with the notify, investigate and remediate obligations sets out further guidance ...

AZ NGA takes stake in boutique

ANNABELLE DICKSON  |  WEDNESDAY, 8 SEP 2021
AZ Next Generation Advisory acquired a minority stake in Cranage Financial Group to assist in building scale. Cranage Financial Group is a self-licensed advisory firm with $300 million in funds under management, $2 million in annual in-force life insurance ...

Morningstar business development lead to exit

JAMIE WILLIAMSON  |  WEDNESDAY, 8 SEP 2021
Morningstar is recruiting for a new head of business development for Australia and New Zealand as the incumbent readies to return to the United States. Phil Winter is remaining with Morningstar but leaving the local business; returning to Chicago at ...