The latest issue of Financial Standard now available as an e-newspaper
|AMP has announced several changes to its leadership team, including the departure of its group executive of people.|
|The CFA Institute has appointed the former chief executive of Colonial First State Global Asset Management (CFSGAM) and First State Investments as chair of the board of governors.|
|The former general manager of private wealth at Wilsons Advisory will lead one of Easton Investments' licensees in a newly created role.|
|Mercer has appointed a lead for its endowments and foundations unit, hiring a long-serving Russell Investments director.|
|An Australian cryptocurrency micro-investment platform has bolstered its team, hiring from Spaceship.|
|Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed.|
|Franklin Templeton has appointed a new sales director, hiring from GSFM.|
|QIC has appointed a new chief investment officer for its $58 billion state investments team, as the incumbent retires.|
|Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus.|
|Another portfolio manager has left AMP Capital for a $3.2 billion Sydney investment firm, as the latter readies a new fund.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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