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Showing 1 - 10 of 100+ results for "March"

Mason Stevens grows distribution team

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
... manager, and senior relationship manager. He spent the last three years at Macquarie as business development manager. In March, Mason Stevens hired David Johnson as a sales director based in Melbourne. Johnson spent over four years at Challenger as state ...

Pallas Capital raises $194m

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... alone brought $85 million in investor funds. For the three months to August, capital commitments were 56% higher than the March to May period. "Continued lockdowns and instability in the market has created an environment where it is increasingly difficult ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... to stay in FirstChoice instead of switching to the default MySuper product. The incidents relate to the period between 18 March 2014 and 21 July 2016. The Royal Commission referred the conduct to ASIC in February 2019 and ASIC filed the case a year later ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... hedged and unhedged global equities during the GFC and a 15% difference during the COVID-19 induced market volatility in March 2020. This is relevant to how funds respond to the YFYS reforms, he said. "In an era of YFYS performance tests, a fund's survival ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... charges a management free 1% plus GST p.a. as well as fund costs capped at 1.05% p.a. HGL acquired Supervised Investments in March and brought it into the group as a wholly owned and managed fund manager. Supervised Investments had over $10 million in ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... and retail client investment solutions," Antares fixed income Mark Kiely said. Kiely has been with MLC since 1993, and in March 2020 took over as the head of Antares fixed income as Ken Hyman handed over the leadership responsibilities. Hyman still remains ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
... referral from ASIC. The matter has been adjourned for mention on October 1. Toledo was a representative of Sentinel between March 2014 and September 2017. Prior to that, he was employed at Wealth Today, which is owned by WT Financial Group, between February ...

Industry steps up for Lifeline

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
... planned to hold the event in Berry again in October, but due to the lockdown in Sydney he has been forced to push it to March 2022. However, industry supporters of this event are determined to still encourage people to donate to Lifeline. In just the ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... In 2018 the OECD's Forum on Harmful Tax Practices raised concerns including about the lower tax rate during a review. On March 12 this year, the Treasury announced its intention to amend OBU in 2022-23. However, it said it would "consult with industry ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
... onto the platform. Class has made a raft of acquisitions recently with NowInfinity and Smartcorp in 2020 and Reckon Docs in March 2021, leading to an 18% share of the document and compliance market. "Class has followed a strategic roadmap to grow our ...
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