Sterling Group founder Raymond Jones, his son Ryan Jones, and director Simon Bell are each facing several criminal charges following ASIC’s investigation into the Sterling Income Trust (SIT) and the collapse of the Sterling First group of companies.
Technology start-up Elan has launched financial planning software designed exclusively for Australian financial advisers.
More than 40 per cent of clean energy projects needed to have a shot at achieving net zero are expected to be built on Indigenous land. That creates an immense opportunity for First Nations communities to partner with institutional investors on projects in which they have a genuine ownership stake.
Link Group, a major provider of administration services to super funds, has restated its half year and full year financial report for 2023, after ASIC raised concerns about several “material misstatements” of its assets and settlement costs.
Institutional investors are a key plank of Treasurer Jim Chalmers’ plan to make Australia an “energy transition superpower”, as the government calls on business to take advantage of its new 12-point sustainable finance strategy. The consultation comes as Environment Minister Tanya Plibersek is announced as the next speaker in the Conexus Financial Political Series.
Count subsidiary firm Twomeys has acquired Canberra-based accounting firm Allan Watt Accounting (AWA).
Professional services company AZ NGA has acquired outsourced human resources company Catalina Consultants as part of its plans to build out the range of business support solutions it offers its expanding network of financial advisory and accounting firms.
Islamic Finance provider Hejaz Group has launched Australia’s first Sukuk active ETF, enabling investors to access a Shariah-compliant bond alternative product.
Fund manager First Sentier Investors has appointed Amanda Gazal as chief operating officer, overseeing the company’s day-to-day operations.
Life insurer TAL has launched digital platform TAL Connect to help superannuation fund members manage their insurance covers and claims.
Asset management business State Street Global Advisors has announced substantial management cost reductions on six of its Australian-based SPDR ETFs.
Boutique fund manager Maple-Brown Abbott has made a slew of promotions within its distribution team.
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
