Westpac’s wealth focus turns to Panorama and Private Wealth

Westpac’s wealth management division, BT Financial Group, is being broken up and its personal advice business sold, but the bank still has significant wealth assets. It plans to invest in its administration…

Zurich puts boutique manager on life support

Boutique fund manager Denning Pryce has suffered a crippling outflow of funds over the past five years, as investors have walked away from poor performance. Now the manager is being propped up…

Zenith upgrades two small companies managers

Active small company fund managers rose to the challenge of beating their benchmarks during last year’s volatile conditions, according to Zenith Investment Partners’ latest Australian Shares Small Companies Sector Review. While S&P…

Ian Silk’s real message to the super industry

When the AustralianSuper chief executive Ian Silk gave the keynote address to the 2019 CMSF conference last week, he had one target in mind – the profit-for-member funds. Acknowledging that this superannuation…

People: Senior executives go in Westpac restructure

Westpac has announced a reorganisation of its group executive responsibilities. George Frazis has left his position as consumer bank chief executive after being in the position since 2015. He joined Westpac in…

Government moves on industry code enforceability

The government has begun the thorny task of introducing greater enforceability into financial sector industry codes of practice, while trying to retain their voluntary and self-regulatory character. Treasury has issued a consultation…

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Accountants lock in licensing solutions

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Placer Property not standing still …searches for assets

The specialist property fund manager Placer Property is not standing still. In the final stages of bedding down the Canberra-based NewActon East Property Fund and in the process of selling The Stables Shopping Centre in the Adelaide suburb of Golden Grove, the Melbourne-based fund manager is now casting its eye around for fresh investment opportunities.

Starting up in Silicon Valley

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The Australian Hedge Fund Awards 2015 to acknowledge the brightest hedge funds

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How Magellan eclipsed Platinum as the global fund of choice

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Stone & Chalk’s moonshot attracts fintech glitterati

Welcome to the first edition of New Investor, a weekly online newsletter for the advised investment market in Australia…

About New Investor

Welcome to the first edition of New Investor, a weekly online newsletter for the advised investment market in Australia…