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People: Braintree head moves to payments hopeful

Payments processing company Monoova (formerly MoneyTech Payments) has hired Tyson Hackwood to be its head of growth. Hackwood joins from PayPal’s Braintree, where he was head of Asia Pacific. At Monoova he will be responsible for promoting the adoption of…

SuperAA morphs into Seamless SMSF

The self-managed super fund (SMSF) administration and audit firm Superannuation Advisors Australia – known as “SuperAA” is changing its name to Seamless SMSF to better reflect its service delivery and product suite. Set up in 2013 by CEO Mike McHenry,…

FASEA expands education programs

FASEA has expanded the list of approved education programs and courses available to existing advisers and new entrants to the industry. FASEA has released the 2020 legislative instrument and explanatory statement for its relevant providers, degrees, qualifications and course standards.…

The Inside Network enters the financial services events market

Peer-to-peer networking and innovative thinking will be two of the key principles behind The Inside Network (IN), the latest entrant to the Australian financial services education/events stage. The brainchild of Jamie Nemtsas and Drew Meredith, principals of the IFA firm…

Green debt fund for wholesale investors

Investment manager Foresight Group has launched a green debt fund, which will make loans to small-scale wind and solar projects in Australia. It is claiming a first for the local market. Foresight wants to raise $150 million for the Foresight…

Cooper Investors opens up Global Endowment Fund to market

Cooper Investors has opened the Cooper Investors Global Endowment Fundto external investors. The wholesale unit trust is the first new product the firm has launched in five years. The strategy has been run successfully with internal capital for over two…

OpenMarkets launches new trading platform

OpenMarkets Australia, an execution-only share trading platform with more than 30,000 retail and intermediary trading accounts, has launched a new trading platform, OpenMarkets Equix. Available in web and mobile formats, Equix is designed to meet the needs of the self-directed…

Legg Mason & BetaShares launch active EM ETF

Legg Mason and BetaShares have launched the fourth active ETF through their strategic partnership- an emerging markets equity fund. The BetaShares Legg Mason Emerging Markets Fund provides investors with access to the superior growth potential offered by emerging market equities.…

Legg Mason enters the ESG fray

Fund manager Legg Mason has moved to meet growing demand for ESG investment products, with the launch of a global fund that combines ESG analysis with a negative screen approach. The Legg Mason QS Investors Global Responsible Investment Fund is…

Senior executives first pick for board seats

The most desirable experience for aspiring ASX 200 board members is a senior executive position, in particular roles with P&L responsibility, according to a new survey. The 30% Club and EY joined forces to discover the experience and journey necessary…