Investment platforms shift their focus
Investment platforms are shifting their focus away from consolidation towards developing and upgrading their products, particularly in relation to their technology infrastructure. Meanwhile, Shadforth Financial Service's Charles Badenach was named Money Management's Financial Planner of the Year at the Financial Planning Association national conference. This and more in the latest online edition of Money Management.
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A former Sydney investment manager has pleaded guilty to two counts of insider trading regarding a potential takeover of Platinum Asset Management, having acquired $2.6 million of Platinum shares.
As the firm enters a new growth phase, Orbis Investments managing director Jason Ciccolallo has said it is looking to strengthen relationships with retail advisers to align with the firm’s institutional reputation.
The former director of United Global Capital has received a decision from the Administrative Review Tribunal regarding an appeal of his 10-year ban from providing financial services.
AMP-owned North has announced a senior manager appointment as the platform explores growth opportunities in its addressable adviser market.
