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People: Korn Ferry appoints new Australasian MD

Executive recruitment company Korn Ferry has appointed Tim Nelson as the managing director of its Australasian operations. Nelson joined Korn Ferry as a financial services partner in 1998 and went on to launch the company’s recruitment process outsourcing business in…

Budget tip: restoration of higher contribution caps

A leading self-managed super administration and advisory group, SuperConcepts, has forecast that the Government will include some sweeteners for the super sector in what is expected to be a generous pre-election budget. SuperConcepts executive manager of SMSF technical, Mark Ellem,…

30% Club sets new target

To mark International Women’s Day, the 30% Club Australia has announced new targets for ASX 201- 300 companies to meet the 30 per cent target for female representation on boards by the end of 2021. Previously, only ASX 200 companies…

Robo advice software developer launches in Australia

Quantifeed, a Hong Kong based provider of digital wealth management solutions, has opened an office in Australia to strengthen its strategic relationships as demand for B2B digital advice solutions grows. Quantifeed’s new Sydney office, staffed with eight employees, will also…

Generation Life adds Legg Mason funds to its menu

Generation Life has added two funds to its investment menu from leading global investment manager Legg Mason. The two funds are the Legg Mason Martin Currie Real Income Fund and the Legg Mason Martin Currie Emerging Markets Fund. Founded more…

Dinimus Capital’s direct lending approach gathers support

Gilbert + Tobin has advised Dinimus Capital on the establishment of its third fund. The Fund, which has around 12 investors so far, focuses on providing short and medium-term direct loans to small to medium-sized enterprises and mid-market corporate borrowers. Dinimus…

Trawalla backs ex-Macquarie team’s boutique

Three founding members of Macquarie Group’s Asian listed equities division have re-joined forces to establish Stonehorn Global Partners and launch the Stonehorn Asia Equity Fund. Sam Le Cornu, the former co-head and head of investments of Macquarie’s Asian listed equities…

OpenInvest grows manager menu

Self-directed investor platform operator OpenInvest has added another string to its bow with the decision by Macquarie Investment Management to join up and add its portfolios to the menu. OpenInvest, which was launched last November, gives investors a platform from…

Millennial investors a force to be reckoned with

The Millennials are building their careers, increasing their earning capacity and inheriting the Baby Boomers’ wealth. And they have a different approach to investing. That finding comes from the sixth annual Legg Mason Global Investment Survey 2018. It also says…

People: Former SMSFA boss jumps into the fire at AMP

AMP has appointed Andrea Slattery as a non-executive director. Slattery has 26 years of experience in financial services and is currently a non-executive director at Clean Energy Finance Corporation, Argo Global Listed Infrastructure and the South Australia Cricket Association. She…