Clime IM forecasts $1m savings from cost reduction program

Clime-Investment-Management/Annick-Donat/boards/

Clime Investment Management expects to see $1 million reduction in operating costs as a result of a cut in board and leadership costs.

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GenLife sees record quarterly inflows driven by advisers

Generation-Life/lonsec/annuities/

A concerted effort by Generation Life to target financial advisers has paid off as the firm reports “exceptional” inflows for the September quarter.

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Former RLAM managers receive rating for 2 new funds

Pinnacle-Investment-Management/

Pinnacle’s new UK-based affiliate has passed another milestone in its presence in Australia with its first research rating from Zenith and shared details of its two global equities funds.

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My Dealer Services welcomes former GBST client head

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Head of client partnerships at GBST, Ashley Mahadeea, has left the business after seven years to join My Dealer Services, which helps advisers become self-licensed.

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Relative Return: Guiding clients through policy overhauls

Podcast/Relative-Return/

In this episode of Relative Return, host Maja Garaca Djurdjevic speaks with Grant Hackett, CEO of Generation Lif

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Perpetual CEO Reilly on turning around asset management

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Perpetual’s new chief executive Bernard Reilly has told shareholders how he hopes to turnaround the firm’s asset management division with greater cost simplification and improvements for J O Hambro.

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Turbocharging a wealth brand

Pitcher-Partners/private-wealth/financial-advice/

Charlie Viola, founder of private wealth brand Viola Private Wealth, is confident he can find the “best of the best” when it comes to clients and advisers.

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Two’s company: Finding your 2IC when scaling up

financial-advisers/Pitcher-Partners/succession-plans/practice-management/

Having a trusted second-in-command to handle daily operations is critical for financial advice leaders who are seeking greater work/life balance, according to an advisory firm.

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Schroders’ Dear takes up senior portfolio manager role

Schroders/fixed-income/funds-management/portfolio-manager/

Former Schroders head of fixed income, Stuart Dear, has taken up a new role at Peak Investment Partners after leaving the asset manager after almost 12 years.

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Australian Ethical sees 24% quarterly FUM rise

Australian-Ethical/funds-under-management/Altius-asset-Management/

Australian Ethical’s acquisition of Altius Asset Management has helped its funds under management grow to nearly $13 billion over the September quarter.

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