David Murray to commence as AMP Chairman  

From

AMP Limited has announced David Murray AO will commence as Chairman of its Board of Directors, effective immediately. Mr Murray agreed to accept the chairmanship on 4 May 2018.  Following the completion of required appointment processes and the finalisation of some prior commitments, he has now joined the Board. As previously announced, Mike Wilkins, AMP’s […]

continue reading

$36 million Epping sale driven by hunger for suburban offices

From

Centuria Metropolitan REIT (CMA) yesterday announced the sale of 3 Carlingford Road, Epping, for $36 million to a private buyer. The sale price represented a 118% increase on the purchase price of $16.5 million in December 2014. The fully-leased office building sold with a tight passing yield of 5.4%, demonstrating the strength of suburban markets. […]

continue reading

Antipodes Partners fund added to Colonial First State’s FirstChoice investment menu

From

Leading global equities investment boutique Antipodes Partners has had its Global Long-Short Strategy added to Colonial First State’s FirstChoice platform. Antipodes’ assets under management (AUM) has increased to approximately A $7 billion in just three years since its formation – with around half being sourced from institutions and half from retail investors (including SMSFs and […]

continue reading

The growing importance of the “E” in ESG

From

Growing environmental concerns, and the concerted effort to tackle them on a global scale, are generating largescale changes across multiple industries. The ability to more precisely identify how environmental regulations are driving industry changes, and having a deeper understanding of their impact on related companies and sectors, could offer investors a structural advantage, note a […]

continue reading

Quantifeed raises US$10 million Series B funding

From

Quantifeed, Asia’s leading B2B robo-advice provider, has closed US$10 million (AU$13.5 million) in a Series B funding round. The investment is led by Cathay Financial Holdings (TWSE: 2882), Taiwan’s largest financial holding company, with participation from Legg Mason Inc (NYSE: LM), the US-based global asset manager. The Series B round will enable Quantifeed to fuel […]

continue reading

IOOF advice groups lead industry survey of financial advisers for second year

From

IOOF has achieved the top ranking for the number of advisers in Barron’s survey of Australian financial advisers for the second year in a row. IOOF aligned advisers constituted 24 per cent of Australia’s top financial advisers, as ranked by the respected U.S. financial investment publisher. On the second annual list of ‘Australia’s Top 50 […]

continue reading

UniSuper announces Executive Manager, People Services

From

UniSuper, the $66 billion super fund for the higher education and research sector, has announced the appointment of Julie Watkins as Executive Manager, People Services. Julie will lead the People Services function to continue to drive the Fund’s strong member and employer focussed culture. Kevin O’Sullivan, UniSuper CEO, said “We’re pleased to welcome Julie to […]

continue reading

InvestSMART Active ETF debuts on the ASX

From

InvestSMART Group Limited (ASX Code: INV) has debuted its first ASX listed fund – an active ETF – designed to deliver investors income without sacrificing capital gains. The InvestSMART Australian Equity Income Fund (Managed Fund) (ASX:INIF) listing follows high investor demand during its initial application period. INIF attracted more than three times its funds under […]

continue reading

MetLife Australia appoints Chief Strategy & Customer Officer

From

MetLife Australia has appointed Gerard McDermott as Chief Strategy & Customer Officer, effective immediately. Mr. McDermott is responsible for leading the strategy, project management office, customer, digital, marketing, and data functions. He reports to Vince Watt, MetLife Australia Acting Chief Executive Officer. “We’re delighted to welcome Gerard to MetLife Australia,” Mr. Watt said. “His extensive […]

continue reading

Fitzpatricks Group announces three key appointments to support advisers build great outcomes for their clients

From

Fitzpatricks Group has announced three key appointments to support Fitzpatricks Private Wealth advisers. John McMurdo, Group Chief Executive Officer said: “I am delighted to announce three key appointments to our Group, all designed to: strengthen our advice offering and support our advisers to build great outcomes for their clients. At a time where many in […]

continue reading