Lumiant chief steps down
Lumiant's co-founder and chief executive has stepped down from day-to-day responsibilities to take a career break.
Source: financialstandard.com.au
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Lonsec to buy Implemented Portfolios, create $5b managed accounts player
Research house Lonsec will acquire investment consultancy Implemented Portolios to create a $5 billion player in the rapidly growing market for so-called managed accounts.
Source: afr.com