Former high-flying accountant, Steven Hart, and the managing director of his failed accountancy ‘aggregator’ firm Harts Australasia faced charges in a Brisbane court last week for breaching continuous disclosure rules.
The St George-owned Asgard platform will outsource its separately managed account (SMA) capability and plans to appoint a new operator by the end of the year.
Tower Australia Investments will announce a new multi-manager partner next month, after making the decision to outsource the process earlier this year.
Old Mutual will not ‘give-up’ the Skandia brand in Australia and will continue to support its growth, according to Hasan Askari, Old Mutual Asia Pacific chief executive.
Putnam Investments has signed two new global equities mandates worth almost $400 million, roughly 10 per cent of the amount it had managed on behalf of BT Financial Group before being replaced by fellow US manager, AQR, earlier this year.
ANZ Custodian Services will expand its sales and marketing team under new director Angelo Calvitto, who took over from Kate Beaurepaire following her resignation late last month.
If you could get a black belt in financial planning Robert Hay would probably have it. The Brisbane-based adviser has applied a high level of discipline to his education, career and practice.