Financial advisers turn on Perpetual
Advisers regard the once-great Perpetual as expensive and unexceptional. "It's entirely possible they have lost their touch," says one.
L1 Capital teams up with ex-LFG manager for new fund
​There's no keeping L1 Capital down.
Regal Funds postpones $500m listed investment company
If stockbrokers are spending their holidays trying to come up with ways to sell the forthcoming Regal Listed Investment Company float to their clients, they can relax.
Macquarie hit by mass wealth adviser exodus
More than 20 financial advisers left Macquarie's private wealth division amid concerns about the group's strategy and its new fee and remuneration model.
Cadence Asset Management delays listed investment company
Sydney-based equities investor Cadence Asset Management has put the proposed listing of its new investment company on ice.
Shand's Blue Sky BBQ for rose-coloured supporters
Rob Shand is opening his manor to his steadfast allies through this unfair, unjustified assassination of his good character.
Ex-Goldman banker channels Hulk for billionaire deals
The first thing visitors see after stepping off the elevator at Gerry Cardinale's RedBird Capital Partners is a 10-foot-tall statue of the Incredible Hulk.
China bans copycat fund names that ape Buffett, HSBC
Chinese asset managers will no longer be allowed to make a name for themselves by exploiting brands such as HSBC, Goldman, Morgan or Fidelity in their newly-launched funds.
Big fundies are sticking with China despite headwinds
Private funds-backed by some of the world's biggest asset managers BlackRock, Fidelity and Bridgewater entered the Chinese market just as it was headed south and are now showing losses. But more are betting they can rake in winnings.
Gen Y sitting on 'tens of thousands' in cash
It's easy to give up smashed avocados on toast - but figuring out what to do with the money saved is a more complex exercise.
Your super fund may be riskier than you think
Think your balanced fund will give you growth in good times and protect you in bad times? Check your fund's asset allocation.
