Boutique incubator Ascalon Capital Management is down to a two-horse race in its search for a head of institutional business development, while last month it purchased the 45 per cent of a retail distribution agency it didn’t already own.
A direct report to Challenger funds management boss Rob Adams will move on to become managing director of boutique incubator Ascalon next week, following the departure of previous Ascalon chief, Nick Basile, before Christmas.
Pentafin, a provider of integrated administration systems for retail financial services groups, has flagged that the significant Ascalon ownership it inherited through its merger with Direct Portfolio Services will not last long-term.
Pentafin, a provider of integrated administration systems for retail financial services groups, has flagged that the significant Ascalon ownership it inherited through its merger with Direct Portfolio Services will not last long-term.
The co-owners of boutique incubator Ascalon Capital Management, St George Bank and Kaplan Funds Management, have called in an investment bank to assess options for offloading the business.
The co-owners of boutique incubator Ascalon Capital Management, St George Bank and Kaplan Funds Management, have called in an investment bank to assess options for offloading the business.
Admitting you are an actuary has probably never been a great conversation-starter at dinner parties, and the profession’s preoccupation with death and mortality tables doesn’t help. Visiting Australia for the FEAL Fund Executives Forum last month, one of Russell Investment Group’s most senior human abacuses, director of strategic advice Don Ezra, called for a name […]