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Showing 1 - 10 of 17 results for "Income Asset Management"

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
A former Income Asset Management (IAM) employee has funnelled $1.5 million from the company using a bank account used by a "minority sub-custodian". IAM said it suspected fraudulent transfers made from a bank account maintained by its previous sub-custodian ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... Financial, the Customer Owned Banking Code Compliance Committee, Infrastructure Specialist Asset Management and Income Asset Management. The committee aims to provide "premium oversight, enhance coordination, and reinforce governance excellence" across ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Perpetual Corporate Trust (PCT) has acquired Income Asset Management's (IAM) term deposit broking business, which has nearly $1.6 billion in client funds. Given that Perpetual's subsidiary has more than $8 billion in deposit and fixed income ...

RBA cut all but certain: Experts

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... therefore give the RBA all the comfort it needs to drop the cash rate at its next meeting [in] August." Income Asset Management executive director capital markets Darryl Bruce agreed an interest rate cut is on the cards in August. "After surprising the ...

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... syndicated loan market, offering an "attractive alternative" to traditional private credit funds. The new Income Asset Management (IAM) offering provides private clients, SMSF investors, and financial advisers diversified exposure to high-quality debt ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ...

Danielle Press joins Income Asset Management

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
Former ASIC commissioner Danielle Press joined Income Asset Management (IAM), as the company launches a bond ETF. Press is joining the board of IAM as a non-executive director, effective today. She was most recently a commissioner at ASIC, and is currently ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
ASX-listed bond broking firm Income Asset Management has hired a team of fixed income specialists from rival FIIG Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after ...

Barings builds out local team

ELIZABETH FRY  |  MONDAY, 12 FEB 2024
... investment manager has appointed Jonathan Baird as head of Australia wealth distribution. Baird joins from Income Asset Management Group, where he led its asset management business. Previous roles include local head of client services and marketing for ...
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