Western Pacific Asset Management (WPI) has bought a 15 per cent stake in Maxim Asset Management, the boutique founded by former Ausbil Dexia executive, Winston Sammut.
Fidelity wins first Australian equities insto mandate
Avanteos gets all-clear for UK pension transfers
Macquarie tipped to join UK wrap invasion
Follow that MSCI, with new Rimes tracking service
Winston Sammut's shop finds a partner
The super fund chief executive evolves
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
