Payden & Rygel wins Sunsuper mandate

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Sunsuper has awarded US based fund manager, Payden & Rygel, a $150 million mandate to manage a customised version of the Payden Absolute Return Investing (PARI) strategy. Payden & Rygel is represented in the Australian market by Grant Samuel Funds Management (GSFM) and manages over $1.3bn in Absolute Return and Investment Grade Corporate portfolios on […]

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Michael Blake appointed to run Centuria Life

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Specialist investment manager Centuria Capital Group (ASX: CNI) has announced the appointment of Michael Blake to Head of Centuria Life. Centuria Life is the company’s investment bond business, with more than $850 million in funds under management. Michael has been at Centuria since the beginning of 2016, serving as Head of Sales and Marketing. With […]

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New investment offering provides Australia’s first  ‘green’ fixed income portfolio on ASX 

XTB, an Australian-based provider of ASX-traded corporate bonds, is offering a new fixed income portfolio of environmental, social, and governance (ESG) approved securities to meet growing demand for ethical investments. The XTB Emerald Fixed Income Portfolio is a managed portfolio of individual bond units (XTBs). The underlying bonds are issued by some of Australia’s top […]

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The rise of the machines – Macrovue launches its Artificial Intelligence Investment Portfolio

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Leading global investment business Macrovue announced the launch of its new investment portfolio built around the Artificial Intelligence revolution. Artificial Intelligence or “AI” refers to the ability of machines to exhibit human-like intelligence using computer systems.  These systems can learn, reason, discover meaning, perceive their environment, learn from experience, and interact: ultimately solving problems without […]

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HUB24 expands distribution with key appointments to leverage growing market opportunity

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Leading platform provider HUB24 (ASX:HUB) has announced the creation of two new roles to expand its distribution capability and provide additional dedicated support to licensees and advisers. Shane Muscat, formerly Head of Institutional Sales at Colonial First State (CFS), has been appointed to the newly-created role of Head of Strategic Sales and will lead new […]

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AMP apologises unreservedly and acts to accelerate change

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AMP apologises unreservedly for the misconduct and failures in regulatory disclosures in the advice business. The AMP Limited Board today announces the following actions to accelerate the necessary change within the organisation: The Board and the Chief Executive Officer, Craig Meller, have agreed that he will step down from his role with immediate effect. Mike […]

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PPM welcomes Andrea Slattery as a Board Advisor

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Private Portfolio Managers Pty Limited (PPM) an established boutique funds manager and IMA provider with 20+ year performance track record, has welcomed Andrea Slattery as a Board Advisor. Andrea was the Founder/MD/CEO of the Self-Managed Super Fund Association (SMSFA) and is well recognised in the finance industry for her vision, integrity and financial credentials – […]

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OnMarket closes world’s most popular equity crowdfunding offer

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Equity crowdfunding platform OnMarket has successfully closed the world’s most popular equity crowdfunding offer. Solar energy retailer DC Power Co. has crowdfunded close to $2.5mil from over 15,000 investors.  DC Power Co. is “Australia’s first solar-focused energy retailer” which offers to optimise household solar systems to use less energy and earn more money. Table 1: World’s biggest […]

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Praemium inflows continue to grow as SMA leads the way

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Praemium is pleased to report strong platform inflows in the March 2018 quarter, with combined gross inflows of $671 million, the third highest on record. FUA for the March quarter of $7.8 billion was up 5.2% on the December quarter of $7.4 billion despite sharp declines in equity markets. The March 2018 quarter included progress […]

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OpenMarkets adopts Bloomberg EMSX for Global Equity Liquidity and Execution Services

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Digital brokerage platform OpenMarkets has taken a crucial step to open up its platform to overseas investors after integrating with Bloomberg’s global multi-asset trading platform, Execution Management System (EMSX). The agreement with Bloomberg, announced yesterday by OpenMarkets Chief Executive Officer Mr Andrea Marani, will provide OpenMarkets access to the largest community of buy-side traders and portfolio […]

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