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16 June 2017 • By • 1 min read

Macquarie closes direct robo-advice service

OwnersAdvisory, Macquarie’s direct robo-advice service, is being closed down following the death of founder and chief investment officer ...

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LIC growth ‘unsustainable’, says Zenith

The cyclical nature of the listed investment company (LIC) sector means the current rate of growth is unlikely to be sustained in the medium to ...

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Fidante boutique appoints analyst

Boutique fund manager Lennox Capital has appointed a new analyst to its recently launched small cap fund. Olivia Bible will join Lennox Capital, ...

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UBS Securities fined $280,000 by ASIC

UBS Securities Australia has paid $280,000 in penalties for trading infringements imposed by ASIC’s Markets Disciplinary Panel. ASIC has issued two ...

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Tyro Payments chief executive resigns

The chief executive of Tyro Payments has resigned after just eight months in the job. Tyro Payments has announced the resignation of chief ...

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MLC Private Equity appoints US head

MLC’s private equity business has announced the appointment of Marek Herchel as head of the Americas. Marek Herchel will join MLC Private Equity ...

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Melbourne boutique signs distribution deal

Melbourne global equities fund manager Munro Partners has entered into a distribution agreement with Grant Samuel Funds Management. Grant Samuel ...

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ASIC secures Hong Kong fintech agreement

The Hong Kong Securities and Futures Commission (SFC) has signed a co-operation agreement with ASIC on financial innovation. The agreement between ...

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Software firms must collaborate on advice: YTML

Financial services software providers need to rid themselves of a 'silo mentality' if the industry is going to deliver more advice to Australians, ...

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BNY Mellon appoints head of APAC

Global custodian BNY Mellon has appointed a new head of asset servicing for Asia-Pacific. Rohan Singh has been appointed head of asset servicing ...

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