AMP Capital appoints new fund managers to flagship diversified property fund

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AMP Capital has appointed a new fund management team for the AMP Capital Diversified Property Fund (ADPF), with Tom Green appointed as Fund Manager and Andrew Jeffs as Deputy Fund Manager. This follows the transition of outgoing Fund Manager, Brett Williams to Managing Director, Retail within the Real Estate business, where he is responsible for […]

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Metrics to cut performance fee to counter low rate environment

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Metrics Credit Partners (Metrics) has announced plans to voluntarily waive its performance fee for the MCP Income Opportunities Trust (ASX:MOT), to prevent investor returns being impacted by current record low interest rates. The trust’s current performance fee terms are based on achieving the Reserve Bank of Australia (RBA) cash rate plus 6% per annum. At […]

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The optimal investment team structure – does it exist?

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The European Commission’s second Markets in Financial Instruments Directive (MiFID II) came into effect on 3 January 2018, aimed at increasing competition and fee transparency amongst market participants inside and outside the European Union. In its International Shares sector report, Zenith Investment Partners found that sell-side analysts were migrating to the buy-side as a direct […]

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New MetLife research suggests financial advisers should consider multiple payment structures to cater to individual client needs

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New research released by MetLife Australia reveals ‘commission’ isn’t the dirty word we think it is and suggests financial advisers should consider implementing a range of payment options to suit the individual needs of clients. Now in its second year, the MetLife Adviser-Client Relationship Report 2019 is the largest quantitative study of its kind and […]

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Zenith grows team, signals further growth ambitions

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Leading investment research and consulting firm, Zenith Investment Partners is preparing for further growth opportunities with the appointment of Jason Huddy to the newly created role of Chief Operating Officer. The role oversees Zenith’s team, with responsibility for operational, change and process efficiency across the business. Beginning his career with National Mutual in 1989, Huddy […]

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Aberdeen Standard Investments partners with HUB24, provides comprehensive digital client engagement tools

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Global asset manager Aberdeen Standard Investments (ASI) is partnering with HUB24 to empower the investment and superannuation platform with comprehensive digital client engagement tools to deliver significantly improved investment and retirement income solutions for Australians. Called ‘bionic’ advice because of the way individual client and financial planner input is married with the outcomes from analytical […]

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Fourth Line successfully closes equity raise to fund technology agenda, talent resources and business growth

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Fourth Line has closed a first-round equity raising to further fund its technology agenda, talent resources and business growth. The equity raising is the first raising by the company since its founders funded and started the company more than 18 months ago. The equity raising also follows its technology partnership with Swinburne University of Technology […]

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MetLife appoints Wendy Tse Chief of Staff and External Affairs

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MetLife Australia has announced the appointment of Wendy Tse as Chief of Staff and External Affairs, joining the business in early April 2020. Wendy comes to MetLife from KPMG, where she has been a Director in the superannuation advisory team for the last two years. Her new MetLife role includes responsibility for advising clients on […]

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BT extends Bushfire Assistance Package, reduces claims requirements for life insurance customers

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To help more life insurance customers impacted by the devastating bushfires, BT has extended the application period of its Bushfire Assistance Package to June 2020. BT is proactively calling customers residing in bushfire-affected areas to determine whether they have been directly impacted. Every affected BT customer can also apply for a three month premium waiver, […]

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La Trobe Financial establishes Disaster Relief Package to support impacted customers

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La Trobe Financial has announced that it has established a Disaster Relief Package to assist customers affected by the bushfires. For customers who have lost their homes to the bushfires, La Trobe Financial will pay loan interest and charges for twelve months, provide access to interest-free loans to help cover any gap between insurance payouts […]

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