BennBridge boutique Skerryvore Asset Management has appointed six senior executives to join its newly established emerging markets business. Stephen Deane, Nicholas Cowley, Ian Tabberer, Michael Cahoon and Ronan Kelleher join Skerryvore as portfolio managers; while Ben Lawson has been appointed head of dealing. Skerryvore’s managing partner Glen Finegan, who established the UK-based boutique in partnership […]
continue readingAberdeen Standard Investments (ASI) has appointed Garreth Innes as the Head of Australian Fixed Income. Garreth joined the Australian fixed income team in 2011 and has over ten years’ industry experience. He has a strong background in macro credit strategy and global asset allocation, coupled with extensive research experience across investment grade and high yield […]
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06
Dec
2019
BTIG Australia Limited has announced that Andrew Dalgleish has joined the firm as its Chief Executive Officer, effective immediately. Mr. Dalgleish will be based in BTIG’s Sydney, Australia office, and will focus on fueling new growth across all lines of business. He has spent more than 20 years helping to lead several successful financial services […]
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06
Dec
2019
PAN-Tribal Asset Management is pleased to announce the PAN-Tribal Global Equity Fund has maintained its Highly Recommended rating following Zenith’s recent review of the global equity fund sector. Managed by New York-based Davis Advisors, the PAN-Tribal Global Equity Fund provides a style neutral, currency unhedged and benchmark unaware exposure to global equities. In its research […]
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05
Dec
2019
President Trump has been pushing the Federal Reserve (Fed) to consider cutting policy rates below zero in an effort to stimulate growth and weaken the dollar, however his stance hasn’t gained support amongst other central banks or the Federal Open Market Committee (FOMC). According to Principal Global Investment Strategist, Seema Shah, the rapid spread of negative yielding […]
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05
Dec
2019
State Street Corporation (NYSE:STT) has announced that Equity Trustees (ASX: EQT), Australia’s leading trustee company, has appointed State Street for custodial and investment administration services of Equity Trustees Wealth Services Limited funds. Building on a longstanding relationship, this new agreement will see State Street provide Equity Trustees with market-leading back office services including custody, fund […]
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05
Dec
2019
Legg Mason has reduced the Management Cost for the Legg Mason Brandywine Global Income Optimiser Fund, by 10 basis points to 0.65% per annum, effective immediately. The Legg Mason Brandywine Global Income Optimiser Fund is managed by Brandywine Global, a highly rated and awarded specialist in global fixed income with proven expertise over multiple investment cycles. […]
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04
Dec
2019
The culling of grandfather commissions and FASEA Code #3 and the advent of new technology-led platform solutions for advisers will likely enable a shift in the next generation of advisory practices towards naked pricing, according to WealthO2 managing director, Shannon Bernasconi. The concept of naked pricing strips out fees exchanged between third parties in the value chain […]
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03
Dec
2019
Westpac Group has announced that Alastair Welsh has been appointed Acting Group Executive Enterprise Services while Gary Thursby acts in the role of Chief Financial Officer. Incoming Acting Chief Executive Officer Peter King said: “Al is an experienced member of the senior leadership team and has provided more than 25 years of service to the […]
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02
Dec
2019
Ignition Advice has remarkably achieved three finalist places in the global Banking Technology Awards. The innovative partnership between Ignition Advice and Bank of Ireland has earned a place as a finalist in the global category of Best Fintech Partnership amongst an exciting field including Barclays Bank, Lloyds Bank and Santander. Ignition monopolises the shortlist for […]
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29
Nov
2019
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