GQG Partners nabs Magellan BDM
GQG Partners has appointed Victoria Flygare as director for business development across South Australia and Western Australia, after a 10-year stint at Magellan.
June 22, 2023
Pengana appoints two executives to lead private credit offering
Pengana Capital Group has appointed Nehemiah Richardson and Charles Finkelstein as managing director and chief investment officer of Pengana Credit, respectively.
June 22, 2023
Cbus appoints CIO
Industry fund Cbus Super has promoted deputy chief investment officer Brett Chatfield to the CIO role.
June 22, 2023
FIIG Securities hit with cyber breach
The IT systems for fixed income provider FIIG Securities have been temporarily disabled amid the firm being subject to a ransomware attack.
June 21, 2023
BT to stay with ‘committed parent’ Westpac
The big four bank will hold onto a streamlined BT business, with CEO Matt Rady saying the backing of the major institution gives the platform provider certainty, as well as leverage. Not wanting to be sent to a competitor, the choices came down to private equity or staying with the bank.
June 21, 2023
Taking advantage of alternatives
Alternative investments have always offered unique opportunities and benefits to investors, but how advisers approach utilising the asset class in client portfolios requires a unique, nuanced approach.
June 21, 2023
ART appoints BT’s Vincent as chief of retirement
Australian Retirement Trust has appointed BT chief strategy and product officer Kathy Vincent as chief of retirement following a global search.
June 21, 2023
Zurich launches insurance resource amid cost of living pressure
Zurich Financial Services has launched an insurance affordability resource designed to educate customers on how to control their insurance coverage to ease cost-of-living pressures while ensuring they remain protected.
June 21, 2023
‘Built-in failure’ of AI prevents advice take-over
The built-in failure of artificial intelligence in its current state – a reliance on already produced information – means its application in financial advice could face similar struggles, according to Coleman Greig Lawyers consultant Peter Bobbin.
June 21, 2023
Busting through the $2m barrier
Only 7 per cent of Australian businesses hit $2 million in turnover annually. The author of a book studying what makes these businesses tick found several points advice where firms can take advantage.
June 20, 2023
Performance test not a major challenge for ESG-focused choice products: UniSuper
Sustainability-focused superannuation funds should ask themselves hard questions if they cannot beat the federal government’s performance test benchmark, according to a senior manager at UniSuper, with choice products likely to soon be included in the test.
June 20, 2023
