Self-directed investors will now have access to Macquarie Investment Management following the firm’s decision to join online investment marketplace, OpenInvest.
Outgoing National Australia Bank (NAB) chairman, Ken Henry will not be a member of the board committee which selects the bank’s new chief executive or his replacement as chairman.
Three founding members of Macquarie’s Asian Listed equities team have established Stonehorn Global Partners, and launched the billion-dollar Stonehorn Asia Equity Fund.
August Hatecke, co-head of wealth management for Asia-Pacific, will also assume the role of country head of Singapore and head of the Singapore branch.
At a time when financial advisers increasingly seek ways to implement professionally managed portfolios, Lonsec’s managed accounts solution has been made available on Netwealth’s platform.
Janus Henderson has announced the appointment of Tal Lomnitzer as its new senior investment manager within the global natural resources team, effective 25 February.
GAM Investments has announced that its systematic alternative risk premia strategy has won $275 million mandate from an Australian superannuation pension fund.
While most industry bodies are claiming the banks were let off lightly by the Royal Commission, National Australia Bank may think otherwise as Roy Morgan’s latest survey reveals it is now the most distrusted bank brand in Australia, suffering a doubling of distrust year on year.
Boutique fund manager, Copia Investment Partners, has appointed Matt Roberts as its new distribution manager, joining the firm’s Sydney office.
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