Meet the Manager: Andrew Mitchell of Ophir

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In this latest Meet the Manager profile, Money Management speaks with Ophir Asset Management co-founder and portfolio manager Andrew Mitchell.

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Platinum sees 11% FUM decline after heavy insto redemptions

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Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives.

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Trustees face breach risk under advice deduction proposals

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Financial services lawyers believe the government may have good intentions, but the proposed legislation leaves superannuation trustees targeting an unachievable “standard of perfection” when it comes to advice deductions.

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AMP launches alternative debt fund

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AMP has launched an alternative debt fund to provide investors with exposure to global private debt.

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Winners of Australian Wealth Management Awards revealed

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There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney tonight.

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Perpetual reshaped with strategic review outcome, Adams to retire

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Perpetual has announced the outcome of a six-month strategic review and discussions with private equity giant KKR regarding its corporate trust and wealth management businesses.

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RBA kicks rate cut possibility down the road

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Economists feel it is likely that the RBA would have discussed the possibility of a rate hike at yesterday’s board meeting, pushing the possibility of rate cuts further down the road.

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RBA reveals May cash rate decision

The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.

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GQG details FUM post acquisition of PAC affiliates

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GQG Partners has reported a decline in funds under management in April, but YTD inflows are approaching $10 billion.

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Bond funds demonstrating consistent top-quartile performance

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Some 44 per cent of top quartile bond funds in 2021 remained in the top quartile two years later, according to S&P Dow Jones research, far higher than their equity counterparts.

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