PIMCO has confirmed the departure of its local managing director and named the successor to take up the position. Rob Mead has served at the fund manager for more than two decades and is currently its ...

On this episode of Relative Return Unplugged, host Maja Garaca Djurdjevic is joined by AMP’s chief economist Shane Oliver to break down the Reserve Bank of Australia’s long anticipated rate cut to 4.1 ...

Natixis Investment Managers has explored how financial advisers can leverage derivative income exchange-traded funds (ETFs) to enhance income generation. According to the investment management firm, ...

The Federal Court has made interim orders to freeze the assets of a managed investment scheme, its responsible entity, and a director. ASIC has obtained interim orders in the Federal Court to freeze ...

Platinum Asset Management has announced co-chief investment officers Andrew Clifford and Clay Smolinski are to step down from their roles. Clifford, who has worked at Platinum for 31 years and is a ...

TAL has appointed two experienced financial services professionals to its board including a new chair for the business. David Cohen has been appointed as chair to replace Mark Joiner, who stood down ...

Two individuals with connections to the embattled Shield Master Fund have had their assets frozen. Following applications made by the Australian Securities and Investments Commission (ASIC), the ...

Count has reported a net profit after tax of $5.3 million and is embarking on a fourfold M&A strategy as the number of advice firms on its AFSL passes 500. In its first-half results for FY25, the ...

Regal Partners has expanded on its decision to walk away from a potential acquisition of Platinum as it shares its full-year results. It was announced in September that Regal was considering an ...

Sequoia Financial Group’s business simplification program has led to a strong profit growth for the first half of FY25, saying it is “bullish about our future”. In the six months to 31 December 2024, ...

The exit of Andrew Clifford and Clay Smolinski at Platinum has caused “redemptions risks to rise”, according to Morningstar, given the longstanding tenure and brand recognition of the pair. On 25 ...

More than $2 billion in investment activity was recorded for Australian fintech firms last year, according to KPMG. The professional services firm’s Pulse of Fintech H2’24 report discovered that total ...