Daily news for financial services professionals

Saxo flags managed accounts move

17-Aug-2017

Saxo Capital Markets has flagged a move into the managed account space as managed account providers, platforms and dealer groups increasingly demand more sophisticated technology to facilitate ownership of direct int.. Read More

HNW women present advice opportunities

17-Aug-2017

While the number of female high net worth (HNW) entrepreneurs in Australia was less than 10 per cent, the growing number of female business owners presented a growing opportunity for wealth managers, according to a n.. Read More

Alphinity, Insight appoint new staff

17-Aug-2017

Fund manager Alphinity Investment Management has appointed former Fidelity and Credit Suisse analysts Stuart Welch and Richard Hitchens to two senior analyst roles. Alphinity said in a statement that Welch had b.. Read More

Ex-Vanguard manager takes Fidelity role

17-Aug-2017

Former Vanguard account manager Andrew Mathie has become Fidelity International’s new director of wholesale sales in Australia. In his new job, Mathie will lead the overall strategy for Fidelity’s wh.. Read More

Serial ASIC offender at it again

17-Aug-2017

A previously banned financial adviser is facing further ASIC proceedings after the regulator successfully added him as a fourth defendant to proceedings against companies he owned. Joshua Fuoco was originally ba.. Read More

UBS hires ex-Lazard retail manager

16-Aug-2017

UBS Asset Management has appointed a former national retail manager for investment firm Lazard Asset Management as its new head of wholesale business for Australasia. In a statement, the asset manager said in th.. Read More