AMP Advice partners with fintech Frollo
AMP Advice has partnered with fintech Frollo to provide financial advisers, mortgage brokers and their clients with access to Frollo’s Open Banking technology and money management app.
Ord Minnett pays $888k fine for share buy-back scheme
Ord Minnett has paid a penalty of $888,000 to comply with an infringement notice given by the Markets Disciplinary Panel, over a share buy-back scheme.
ACSI2023: Jones announces sovereign green bond fund
Australia will launch its sovereign green bond in the middle of 2024 as part of the government’s policy push to mobilise the deep pool of domestic investor capital towards the country’s economic decarbonisation.
Diversification is key defence against uncertainty: Mercer Super CIO
CIO of the merged $63 billion Mercer Super Trust Kylie Willment says diversification across public markets and unlisted assets is one of the key strategies to navigate the volatility and uncertainty across global markets.
ASIC raps Future Super for greenwashing in social post
Future Super has received an infringement notice from ASIC over concerns the fund overstated its positive environmental impact in social media as scrutiny intensifies about the integrity of green investment products and funds.
MLC Life appoints senior Nippon Life executive as CIO & deputy CFO
MLC Life Insurance has appointed Hiroyuki Endo as chief investment officer and deputy chief financial officer from its parent company Nippon Life Insurance.
Zenith appoints BDM
Zenith Investment Partners has appointed Peter Dening as business development manager for NSW and ACT.
OneFortyOne appoints Future Fund deputy as CEO
Future Fund deputy chief investment officer Wendy Norris has been appointed CEO of timber and forestry organisation OneFortyOne, effective from mid-June.
Perpetual appoints co-portfolio managers
Perpetual has promoted Alex Patten and James Rutledge as co-portfolio managers, with fund veteran Jack Collopy to depart after 22 years with the company.
ClearView lead Simon Swanson to retire
ClearView managing director Simon Swanson has announced he will retire, with group executive of technology and development Nadine Gooderick taking over.
Zenith to distribute FE fundinfo products in Australia
Research house Zenith Investment Partners will distribute products owned by its parent company FE fundinfo under the Zenith brand in Australia.
‘Let’s create a new asset class in Australia’: NHFIC CEO tells super funds
The chief executive of the National Housing Finance and Investment Corporation Nathan Dal Bon has a clear message for Australian super funds – no one is expecting them to accept less than market return if they invest in the Federal Government’s ambitious social and affordable housing plans.
