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MyState Limited appoints new Non-Executive Director

MyState Limited (ASX:MYS), the ASX-listed banking and wealth management group, has announced the appointment of Vaughn Richtor as a Non Executive Director with effect from 1 September 2019. MyState Chairman, Miles Hampton, said: “We are very pleased to announce the appointment of Vaughn Richtor to the MyState Board. Vaughn is the former CEO of ING […]

16 Aug 2019

Plato Income Maximiser announces $200m entitlement offer to meet demand for income

From Plato Investment Management

With official cash rates and bond yields plumbing to record lows, investors are increasingly looking for dividend payments as a replacement for their cash and fixed interest income. To help meet this increased demand, Plato Income Maximiser Limited (PL8 or the Company) today announced a $200 million entitlement offer. PL8 is the only Listed Investment Company (LIC) […]

16 Aug 2019

Superior SQM rating for Australian Eagle Asset Management

From Australian Eagle Asset Management

SQM has completed its inaugural rating of the Australian Eagle Trust Long-Short Fund, awarding its superior rating category of 4.25 stars. The rating indicates that SQM believes the Australian Eagle Fund has substantial potential to out-perform over the medium to long term and that management is of a very high calibre. SQM also stated that […]

16 Aug 2019

Quay’s strong performance sees rating upgrade

From Quay Global Investors - a Bennelong Funds Management boutique

The Quay Global Real Estate Fund has been upgraded to a recommended rating from Zenith Investment Partners, recognising the fund’s recent strong performance and business growth. The Quay Global Real Estate Fund, which was launched in 2014, is the flagship fund of Quay Global Investors, founded by portfolio managers Justin Blaess and Chris Bedingfield as […]

15 Aug 2019

BlackRock Australia appoints David Porter as new Head of Melbourne to drive growth

From BlackRock

BlackRock Investment Management (Australia) Limited (BlackRock) has announced the appointment of David Porter, in the newly created role of Head of Melbourne. Mr Porter will lead our Melbourne team to deliver tailored solutions to meet clients’ evolving needs, as well as develop new strategic relationships that engage across multiple BlackRock capabilities. Mr Porter, who is […]

15 Aug 2019

OnePath makes ongoing investment to support advisers

From OnePath

OnePath has announced further enhancements to its comprehensive client management portal, OneView Life demonstrating its ongoing commitment to partnering with financial advisers and its continued positive momentum. The enhancements include the ability for financial advisers to now quote increases online to existing client’s OneCare cover, giving advisers greater flexibility when responding a client’s change in […]

15 Aug 2019

Leading specialty risk advice businesses MBS Insurance & Complete Risk Analysis join forces

From MBS Insurance

Leading specialty risk advice businesses MBS Insurance (MBS) and Complete Risk Analysis (CRA) have announced they are joining forces in a merger that will position the new group for growth and success in the new era of professional advice. In a market that proclaims a future of challenges for risk insurance, Sydney headquartered MBS and Melbourne based CRA are […]

15 Aug 2019

Zurich Investments and Celeste Funds Management announce exclusive distribution partnership for Small Companies offering

From Zurich Life & Investments Australia

Zurich Investments has announced that it has signed an exclusive partnership agreement with Celeste Funds Management to distribute the existing Celeste Australian Small Companies Fund in the Australian market. The partnership combines Zurich Investments’ distribution capacity with Celeste’s investment management expertise and reputation. Celeste Funds Management was selected by Zurich Investments following a search for […]

14 Aug 2019

National vacancy rates remain steady in July

From SQM Research

Data released by SQM Research has revealed the national residential rental vacancy rate remained steady in July 2019 at 2.3% from June. The total number of vacancies Australia-wide is now at 76,346 vacant residential properties, a decrease of 2,344 over the month but up 3,888 dwellings over the past 12 months. Brisbane and Adelaide recorded […]

14 Aug 2019

Justin Delaney to join Zurich as CEO, Life and Investments, Australia

From Zurich Life & Investments Australia

Zurich Financial Services Australia (Zurich) announced yesterday the appointment of Justin Delaney as Chief Executive Officer, Life and Investments. Delaney, who will take up his appointment in December 2019, brings to the role almost 25 years of experience in the Australian financial services industry. He was most recently the Chief Operating Officer for TAL’s life […]

13 Aug 2019