InvestorWEb appoints research pioneers
GiveWell director Michael Walsh has been named on the board of in-vestment research group InvestorWeb.
GiveWell director Michael Walsh has been named on the board of in-vestment research group InvestorWeb.
News of his appointment raised a few eyebrows among industry observ-ers who hark back to 1995 when Walsh made the first brave move into pay-to-be-rated research as head of ASSIRT.
Two other board members of the soon to be ASX listed are former Lons-dale staffers Otto Buttula and David Wright. At the height of the controversy about ASSIRT's move, Lonsdale made headlines as the group most likely to follow ASSIRT's lead.
InvestorWeb's prospectus of its bid to list on the ASX is still with regulators, but the group hopes to list before the end of the year.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
