DDH Graham appointed responsible entity for Q Invest funds
Brisbane-based funds management and administration company DDH Graham has been appointed responsible entity of four Investment Access Funds of Q Invest, the financial services entity jointly owned by QIC and QSuper.
The change in responsible entity of these four funds has been made to allow Q Invest to concentrate on its primary role of providing financial planning and related services to its clients.
Q Invest’s four active investment access funds will be added to the five existing DDH investment funds under a new offering to be known as the DDH Investment Access Funds, according to DDH Graham joint managing director Peter Lockhart.
He said the addition of these funds would complement the DDH Graham fund offering, which will now encompass individual and multi-sector investment options.
All of these funds, with the exception of a cash fund, are managed by QIC — the fourth largest fund manager in Australia.
This change was approved by separate meetings of unit holders in each of the four Q Invest funds.
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.