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08 May 2013 • By • 1 min read

The Trust Company agrees to Perpetual acquisition

The Trust Company (TRU) has agreed to a “compelling” acquisition by Perpetual, after receiving a higher price per share offer than that put forth by ...

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Avoid ‘pure’ wealth management firms, says Arnhem IM

The fragmentation and ‘disintermediation’ of the Australian wealth management industry make it a sector that is “best avoided”, according to Arnhem ...

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‘Tidal change’ will benefit active managers

The big temptation at the moment is to buy low volatility stocks or ‘go passive’ – but conservative investors could soon be rueing their decision

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MySuper will pose ‘considerable difficulty’ on implementation

The Association of Superannuation Funds of Australia (ASFA) has expressed concern over the difficulties super funds will face in implementing MySuper ...

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ANZ picks new managing director of global private banking

Manfred Liechti has been appointed as ANZ’s managing director of global private banking. Mr Liechti has around 25 years' global banking experience ...

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Akambo Private Wealth appoints new chief operating officer

Steve Wallis has been appointed chief operating officer of Akambo Private Wealth. Mr Wallis is currently a director of Andrews & Wallis Group, ...

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Investec Asset Management expands sales team

Investec Asset Management has appointed Nadene Moore as business development and client services manager for Victoria and Tasmania. Previously, Ms ...

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ASIC urges licensee recruitment review

The Australian Securities and Investments Commission (ASIC) has urged financial services licensees to review their recruitment processes, particularly ...

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Milestone for Significant Investor Visa program

The Department of Immigration and Citizenship has granted the first Significant Investor Visa (SIV), signalling opportunities for managed funds and ...

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APRA tackles Basel III liquidity concerns

The Australian Prudential Regulation Authority (APRA) has made changes to draft regulations that would implement some of the Basel III liquidity ...

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