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Record inflows continue for managed account provider managedaccounts.com.au

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Listed managed discretionary account specialist, Managed Accounts Holdings Limited (ASX: MGP) has continued its trend of record inflows for the December quarter driven by continued support from its independent advisory firm client base. MGP, which currently provides customised managed account services to over 25 Australian Financial Services Licence holders, announced record net inflows of $107 […]

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Research reveals declining fee growth rates and profit margins are accountants’ biggest worry

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Slowing growth from compliance fees and profit margins are the number one business concern for public practice accountants, according to the Bstar 2015 Accountants Research Report, presented by Perpetual. Practice valuation business cap rates decreased by 14.6 per cent in 2014, which is the biggest decline in the past four years. Also topping the concerns […]

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Changing regulations and investor pressue shape alternatives sector

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Lonsec releases 2014 Alternatives Sector Review Research house Lonsec has released its Alternatives Sector Review, highlighting that a changing regulatory environment and investor requirements have continued to shape the alternatives sector during the past year. Lonsec’s review of the alternatives sector encompassed 33 products covering both hedge funds and private equity. The report found that […]

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Prominent international investment specialist joins Findex as head of research

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The Findex Group, one of Australia’s largest financial services and accounting groups, yesterday announced the appointment of Dr Stefano Cavaglia as its head of investment research. Dr Cavaglia is an internationally recognized investment manager with over 20 years’ experience across Australia, North America, and Europe. He is best known for his path breaking work on the […]

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MLC announce new Retail Wealth executive

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MLC has announced the appointment of Kathy Vincent as General Manager, Retail Wealth Platforms. Kathy joined MLC in 2012 with more than 20 years of financial services experience. She has led MLC’s Retail Investment Platforms strategy team since 2012, having previously worked in roles involving product strategy, development and management for retail investors across a […]

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Inaugural Future Fund head Paul Costello appointed to QIC Global Infrastructure Investment Commmittee

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QIC – one of Australia’s largest institutional investment managers ­– has appointed Paul Costello as the Independent Chairman of the QIC Global Infrastructure Investment Committee (the Committee). Mr Costello has previously been the inaugural Managing Director of the Future Fund and the first CEO of the New Zealand Superannuation Fund. The Committee will review all […]

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New Direction for Corporate Super Specialist Alliance

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 The Corporate Super Specialist Alliance (CSSA) will make changes to its executive team on 1 March 2015 as a result of a new strategy and overall direction for the group. CSSA President, Douglas Latto, will take up the position of Chief Executive Officer while Managing Director of AFM Advisers, Terry Rhodes, will take on the […]

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International investment options added to Macquarie Wrap

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Macquarie has announced that international listed securities and domestic fixed income securities are now available as investment options on its platform, Macquarie Wrap. Justin Delaney, Head of Wealth Product for Macquarie’s Banking and Financial Services Group, said the launch of international listed securities and domestic fixed income securities is part of Macquarie’s ongoing commitment to […]

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AMP Capital continues to build global infrastructure debt team

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AMP Capital has appointed Roopa Murthy as Director and Giles Gray as Associate to its Infrastructure Debt team in London. Emma Haight-Cheng, who joined the London office as a Director in March 2014, has also been promoted to Principal in recognition of the work she has done to build the European business during the past […]

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Nikko Asset Management expands Australia offering with Absolute Return Fund

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Expanding its institutional investor offering to the Australian market, Nikko Asset Management, Asia’s premier global asset manager, has launched the Nikko AM Absolute Return Fund (the Fund), the company announced yesterday. The Nikko AM Absolute Return Fund aims to provide equity like market returns while minimising the risk of negative returns. The Fund is managed […]

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