Ex-Goldman Sachs exec to lead APAC iShares markets

blackrock/hires/Goldman-Sachs/ishares/

Nicholas Peach has been appointed APAC head of markets and investments for iShares and index investments at BlackRock.

AUTHOR

Fund managers spooked as pessimism approaches 20-year low

Bank-of-America/investor-sentiment/global-financial-crisis/banks/credit-suisse/

Investor pessimism is close to a 20-year low thanks to the global banking crisis and in line with sentiment during the Global Financial Crisis, a notable reversal of February’s optimism.

AUTHOR

The Credit Suisse collapse and why good stewardship matters

First-Sentier-Investors/credit-suisse/stewardship/

The necessary bailout of the Swiss banking giant has only reiterated the importance of corporate governance, according to portfolio managers at First Sentier Investors.

AUTHOR

DASH plans ‘holy grail’ of adviser technology

quality-of-advice-review/qoa/Wealth02/dash/Andrew-Whelan/

DASH chief executive, Andrew Whelan, has shared his plans for improving advice technology as the company secures venture funding capital.

AUTHOR

Australia among best-protected global banking sector: Fidelity

fidelity/credit-suisse/UBS/banking/Paul-Taylor/

Australia is among the best countries in the world to be protected from the fallout of the global banking crisis, according to Fidelity Australia’s head of investments, Paul Taylor.

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Former NSW director charged with dishonest conduct

ASIC/

A former director from New South Wales has been charged with dishonest conduct in relation to a financial product or service after obtaining $459k from clients for his own benefit.

AUTHOR

Sequoia confirms $3.1m initial payments from Morrison Securities deal

Sequoia/Morrison/Morrison-Securities/M&A/

The financial group’s cash at bank on settlement was expected to exceed $45 million in selling 80% of its equities clearing business to New Quantum.

AUTHOR

Former RBA governor passes away

RBA/central-banks/Jim-Chalmers/Reserve-Bank-of-Australia/

Former RBA governor Robert Johnston, who held the post for seven years, has died.

AUTHOR

Maple-Brown Abbott launches GEM fund

MSCI/emerging-markets/Maple-Brown-Abbott/Sophia-Rahmani/

Maple-Brown Abbott has expanded its fund range with the launch of a global emerging market equity fund.

AUTHOR

Lonsec expands offering with IPL managed accounts

Lonsec-Research/lonsec/managed-accounts/

Lonsec has integrated its Lonsec Investment Solutions business with Implemented Portfolios Limited’s managed account solutions to offer a broader suite of investment options.

AUTHOR

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