GSFM acquires MLC Asset Management’s 49 per cent equity stake in Redpoint Investment Management

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GSFM has completed the acquisition of a 49 per cent equity stake in boutique quantitative equities specialist Redpoint Investment Management (Redpoint).  Redpoint management will continue to control 51 per cent of the business.  The two firms combined will manage over $17 billion. Redpoint was established in 2011 and specialises in listed asset classes including Australian equities, international […]

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Strong growth for CRE specialist financier MaxCap

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Leading Australian Commercial Real Estate financier MaxCap Group is responding to changing market dynamics in Australia and New Zealand with additional offerings to its core Australian debt finance business. The specialist debt financier has entered the direct investment space with MaxCap leaders, Wayne Lasky and Brae Sokolski saying the strength in the commercial release estate […]

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Bold action required to achieve a sustainable future: First State Super

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First State Super is one of 30 global businesses to have joined a United Nations-backed Alliance, who will work together over the next two years to support the delivery of the 2030 Agenda for Sustainable Development. Speaking from New York at the launch of the Global Investors for Sustainable Development (GISD) Alliance, First State Super […]

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‘Savers beware’: Income investors given clear message as negative interest rates loom

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Income investors have been given a clear message from the RBA that cash returns will become worse before they get better, according to an income investment expert. Matthew Lemke, portfolio manager for boutique investment manager Prime Value Asset Management, says the RBA’s October rate cut, coupled with its latest statement, suggests income-directed investors need to […]

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Appointments within Natixis Investment Managers

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Natixis appoints Joseph Pinto as Chief Operating Officer (COO) of Natixis Investment Managers (Natixis IM) and Philippe Setbon as Chief Executive Officer (CEO) of Ostrum Asset Management. Joseph and Philippe will both be members of the Natixis Executive Committee and of the Natixis Investment Managers Management Committee. The creation of the COO role for Natixis […]

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IOOF update on acquisition of ANZ P&I

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IOOF Holdings Ltd (IOOF) welcomes the receipt of the No Objection Notices from both OnePath Custodians Pty Limited (OPC) and Australia and New Zealand Banking Group Limited (ANZ) in relation to the transfer of the ANZ Wealth Pension and Investments business (ANZ P&I) to IOOF. Additionally, ANZ and IOOF have also agreed the following changes […]

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MFS Prudent Capital Trust Available on BT Wrap

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MFS Investment Management is pleased to announce that its MFS Prudent Capital Trust is now available to Australian retail investors through the BT Wrap platform. The MFS Prudent Capital Trust follows a disciplined strategy of investing in both equity and debt instruments of quality businesses with the flexibility to invest in cash to target a […]

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T. Rowe Price Appoints Consultant Relations Head for Australia and New Zealand

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Leading global investment firm T. Rowe Price has appointed Cassandra Crowe as Head of Consultants Australia and New Zealand to support the firm’s growth in the region, effective this week. Based in Sydney, Crowe will work closely with the firm’s business development and investment teams to enhance engagement with consultants, researchers, platforms and advocacy groups […]

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Pengana makes key appointment to Distribution team

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Pengana Capital Group Limited (ASX: PCG) has announced the appointment of Karyn Jones to its Distribution and Marketing team as Business Development Manager for Victoria. This role will be responsible for managing relationships with Victorian and Tasmanian advisers. Adam Myers, Executive Director at Pengana, said: “We’re very pleased to have Karyn join the team. She […]

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Bell Potter Online appointment signals continued growth

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Bell Potter Online has appointed Paul Ashworth as Senior Investment Adviser, signalling the growing popularity of the innovative platform among the adviser community. Paul joined the team of expert Bell Potter Online advisers based in Sydney and is responsible for helping financial planners build listed securities portfolios for their clients. The Bell Potter Online platform […]

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