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Showing 1 - 10 of 129 results for "Wholesale clients"

AFM Investment Partners brings new feeder fund to Australia

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... investors." The feeder fund would provide access to the two funds, local regulatory cover and reporting for domestic wholesale clients. The plan is that Vasco Trustees will provide the Australian fund administration. KGAL is a German independent investment ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... financial products, make a market in financial products and operate custodial or depository services for retail and wholesale clients. JB Markets may apply to the Administrative Appeals Tribunal for a review of ASIC's decision.

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
... compelling private offering for local Australian investment groups." "We are giving institutional investors and wholesale clients the opportunity to invest in growth-stage companies positioned to capture the worldwide transition undergone by the plastic ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... reinvest distributions and make new investments under their current status, ensuring they remain classified as wholesale clients for all associated financial services, based on their original qualification. These changes, nevertheless, come with transition ...

Advice group awards mandate to JANA

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2024
... JANA's institutional quality advice and scale to find best in class investment opportunities for their retail and wholesale clients."

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... assesses their complaints. AFCA will shortly update its operational guidelines for assessing complaints from wholesale clients following feedback from a Treasury independent review that highlights changes to two categories, AFCA lead ombudsman Shail ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... institutional broker, formerly authorised to provide financial product advice and custodial services to both retail and wholesale clients, retains the right to seek a review of ASIC's decision through the Administrative Appeals Tribunal. Meanwhile, First ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... wealth manager's asset allocation with little bona fide hedge fund product choice. The unit trust is available to wholesale clients in Australia and wholesale investors in New Zealand only, with Equity Trustees as the responsible entity. The unit trust ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... the draft legislation. The recommendation that clients be required to give informed consent to be treated as wholesale clients is also missing. "FAAA members and their clients are looking forward to the certainty that this legislation will bring to the ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... solution" designed to democratise access to asset classes - previously exclusive to institutional investors - to wholesale clients. The asset manager's local chief executive Andrew Creber told Financial Standard that the firm has witnessed a growing ...
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