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Showing 951 - 960 of 5506 results for "September 2017"

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The micro-investing platform grew its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
Eildon Capital has appointed a head of distribution and investor relations in a bid to expand its funds management business. Lulu Yan will oversee the unlisted funds the firm manages. Yan came from Darland, a developer of residential property in Victoria ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
Magellan Financial Group's shares could be more volatile in the years ahead versus its 31% earnings in CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% ...

Ophir readies new fund

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
The equities boutique will launch a new mid-cap focused equities fund, as its last fund readies for a hard close at January end. The Ophir Global High Conviction Fund will be an extension strategy to the $773 million Global Opportunities Fund, with ...

Global equities continue to soar: Report

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
Global equities fared better than Australian equities in the three years to September on a risk adjusted-basis, a new RMetrics report finds. Rainmaker's quarterly RMetrics report looked at Australian and global shares across 270 products. On a risk-adjusted ...

QIC enters private debt, hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 20 JAN 2021
QIC has hired AMP Capital's former head of global infrastructure debt, as it enters a new asset class in private debt. Andrew Jones will join QIC as its head of private debt, effective February 1. He will report to QIC chief executive Damien Frawley. ...

Xinja returns deposits

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
The neobank has become the first Australian bank to return its customer deposits after it withdrew its banking products and announced the return of its authorised deposit-taking institution (ADI) licence. The Australian Prudential Regulation Authority ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
A wrongful dismissal case brought by a former IOOF employee detailing sexual harassment and gender discrimination among colleagues has once again shone an unwanted spotlight on the financial services industry, calling into question the sector's ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
HUB24 picked up $1.7 billion net inflows, 24 new licensee agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
David Orford's Optimum Pensions has signed a five-year exclusive agreement with Generation Life to bring its retirement income product to the market. Generation Life will manufacture, administer, market and distribute an investment-linked pension ...