TAL Board director appointments

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The Chair of Australia’s largest life insurer TAL, Rob Thomas yesterday announced the appointment of two new directors to the TAL Board. Experienced non-executive director and former insurance executive Duncan Boyle and long-standing Dai-ichi Life group senior executive Norimitsu Kawahara yesterday formally became TAL Board directors. Dai-ichi Life senior executive Tatsusaburo Yamamoto has stepped down […]

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HUB24 announces solid march quarter

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HUB24 CEO Andrew Alcock yesterday announced the March quarter update for the company and the innovative platform provider recorded Net Inflows for the period of $108.7m, including a record Net Inflow of $49m in March. Commenting further on the results, Alcock said, “This boosted FUA at the end of the quarter to $730.2m, and represents […]

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NAB Wealth to refund customers after Navigator platform error

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NAB Wealth will refund customers after it discovered during a review that some of its Navigator platform customers had incorrectly been compensated after an investment income error. NAB Wealth discovered the original problem and compensated customers in December 2012. It self-reported the error to ASIC and has kept ASIC informed as it carried out an […]

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Perpetual Private appoints Kyle Lidbury as Head of Investment Research

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Perpetual Private announced yesterday the appointment of Kyle Lidbury as Head of Investment Research. In this role, Mr Lidbury will be responsible for managing Perpetual Private’s multi-manager product and the APL process for its model portfolio. This is a new role which combines Perpetual Private’s multi-manager and model portfolio research teams into a large research […]

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ECP Asset Management expands team and national reach in response to increasing investor demand

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Boutique Australian equities manager, ECP Asset Management has announced that it has established its national office in Sydney.  The top quartile performer has also announced that Andrew Dale will join the investment team as a Portfolio Manager in the new Sydney office. Chairman and CEO Dr Manny Pohl, said the investments within client’s portfolios were performing strongly and that this was leading to increasing demand. “We launched our funds management […]

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21 great investment quotes

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Introduction Investing can be scary and confusing at times. But the basic principles of successful investing are timeless and quotes from some experts help illuminate these. This note looks at those I find most insightful. Aim “How many millionaires do you know who have become wealthy by investing in savings accounts?” Robert G Allen Cash […]

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Nominations Open for 2014 AFA Excellence in Education Award

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The Association of Financial Advisers (AFA) is calling for nominations for the seventh AFA Excellence in Education Award (the Award), to be presented in October at the AFA National Conference in Cairns. Through this Award, the AFA along with partner Asteron Life, recognise advisers who are continually investing in themselves, their staff and their business, […]

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Perpetual Investments hires Head of Diversified Strategies

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Perpetual Investments announced yesterday the appointment of Michael O’Dea as Head of Diversified Strategies. Mr O’Dea will join Perpetual Investments in late May from JANA where he is currently Head of Investment, Implemented Consulting.

Having spent 13 years at JANA, Mr O’Dea brings to the role deep experience in investment and implemented consulting, multi manager search […]

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CFA Societies Australia focuses on investors’ rights at a crucial time for financial services industry

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Michael Woodford to present to CFA members and investment community in Australia and New Zealand. CFA Societies Australia will be highlighting the importance of putting investors’ interests first during its upcoming Investor First Week from 12 – 16 May. Investor First Week is part of CFA Institute’s global Future of Finance initiative, a long-term effort […]

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Certitude Global Investments appoints BNP Paribas as custodian and administrator

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Certitude Global Investments (Limited) has appointed BNP Paribas Securities Services as custodian and administrator for 14 unit trusts. The trusts have almost $1 billion in assets under management. Certitude is an independent provider of global investment manager skill, selecting leading active investment managers from around the globe and bringing their expertise to Australian investors. These include […]

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