Implemented Portfolios attains $1.5Bil milestone, expands team and board

From

Managed Discretionary Account operator, Implemented Portfolios Limited (IPL) has announced its continued growth, revealing several recent hires within its Corporate Development and Portfolio Management Teams, as well as a strategic addition to its Board of Directors. The company’s Funds Under Management has continued to steadily increase this year despite the global impacts of the COVID-19... Read more continue reading

Wealth industry set for growth

From

COVID-19 has not slowed the growth in the Australian wealth industry, with the number of products registered over the past 12-18 months significantly higher than the ten-year annual average, according to APIR chief executive, Chris Donohoe. Mr Donohoe made the comments at the inaugural 2020 FSC Investment Summit, of which APIR is principal partner. APIR... Read more continue reading

Resimac announces transformation into a digital non-bank

From

Leading non-bank mortgage lender Resimac Group Ltd (ASX: RMC) has announced it was partnering with industry technology and service providers to transition to a cloud-based system. The digital transformation project, which is expected to complete in FY22, will provide a richer experience for customers, brokers and other participants through partnerships with key technology providers, including... Read more continue reading

CountPlus doubles down on financial advice with focus on growth

From

The first ever virtual Annual General Meeting of CountPlus Limited (ASX: CUP) yesterday heard a reiteration by the Company of its strong underlying financial position and targeted growth plans. Deliberate operational focus and a disciplined approach to strategy helped the Company to deliver a Net Profit After Tax (NPAT) of $5.95M for the June 30,... Read more continue reading

Raiz Invest appoints new Chairman

From

Raiz Invest Limited (Raiz or the Company) is pleased to announce the appointment of Kevin Moore as a non-executive director and Chairman, effective 1 December 2020. Moore, a digital marketing specialist who brings multinational board and governance experience to the role, focuses on growth companies with turnovers of between $10 million and $100 million. Moore has a corporate... Read more continue reading

T. Rowe Price expands Australian team to bolster investment capability and client support

From

Global investment firm T. Rowe Price has further strengthened its Australian equities investment capability and client support with two Sydney-based appointments. Nick Vidale joins as an investment analyst, bringing more than 20 years of investment experience across the financials, industrials and consumer sectors in Australia and Asia. He is responsible for identifying investment opportunities in... Read more continue reading

Count Financial adds Ascent Private Wealth to Member Network

From

Count Financial Limited (Count Financial) has announced that Melbourne-based advice practice Ascent Private Wealth Pty Ltd (Ascent) have made the decision to join the Count Financial advice network. The announcement continues the CountPlus-owned licensee’s ambitious growth strategy. Since January this year, Count Financial has recruited more than 50 new financial advisers to its revamped national... Read more continue reading

DomaCom partners with BlueCHP to deliver $250m in affordable housing for essential workers

From

Fractional investment platform provider DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to announce that it has partnered with leading Australian Community Housing Provider (CHP) BlueCHP Limited to deliver up to $250 million in affordable housing for essential workers (teachers, nurses, firefighters, police) during 2021. DomaCom and BlueCHP are aiming to begin with an... Read more continue reading

Equity Trustees launches Loftus Peak quoted fund as new structure captures fund managers’ attention

From

In a first for Equity Trustees, the Loftus Peak ‘quoted fund’ has been launched – a structure which is fast capturing the interest of fund managers keen to access a much broader retail investor market. “Loftus Peak has been our client since 2016 when they launched the Loftus Peak Global Disruption Fund. Their success is... Read more continue reading

Investors are currently presented with a unique dividend opportunity, one not seen for over a decade

From

DNR Capital has cautioned investors not to disregard attractive dividends from Australian equities despite the COVID-19 induced battering. Scott Kelly, Portfolio Manager of the DNR Capital Australian Equities Income Fund says: “Since the beginning of the COVID-19 pandemic, 2020 calendar year dividend expectations for the ASX200 have fallen from ~$73bn to ~$58bn, which is broadly the... Read more continue reading