Investment group cancels all investor briefings
Investment and funds management group, 360 Capital Group, has cancelled all interstate travel and investor briefings scheduled for March and April in 2020 in Sydney, Melbourne, Brisbane, Adelaide and Perth due to “evolving health concerns” and advice from government bodies not to gather in large groups.
This would include all the investor briefings intended to provide an update on the following existing and new funds, the firm said in the announcement made to the Australian Securities Exchange (ASX) on Tuesday.
The company said it would skip face-to-face meetings and encouraged all the parties involved to follow information with regards to HY20 results as well as its new fund upcoming launches on its website.
“The health of our staff, investors and stakeholders is our ongoing priority, so this ensures we’re doing our part to minimisation the spread of COVID-19,” the firm said in the announcement.
Recommended for you
Despite ASIC concerns about private credit funds being accessed via the advised channel, there are questions regarding how high its usage actually is among financial advisers.
Challenger has looked to the superannuation industry for its appointment of a group chief investment officer, a newly-created role.
Perpetual has confirmed it has entered into an exclusivity agreement with a US private equity firm to progress discussions regarding the sale of its wealth management division.
Paradice Investment Management has become the latest fund manager to launch an active ETF version of its managed fund, placing greater emphasis on retail distribution.

