Investments & Financial Services

Our market leading investments and financial services practice provides corporate, commercial and regulatory advice in a fast-moving regulatory environment. Our areas of focus include listed and unlisted investment funds, financial markets and derivatives, superannuation, insurance advisory, funds M&A, investment distribution and financial services regulation and enforcement.

Our clients include the wealth management arms of Australian retail and investment banks, global and local fund managers (both new entrants and established players), boutiques, super funds and other market participants, such as brokers and market operators.

We partner with our clients and invest time to understand their businesses and strategic objectives. This enables us to provide seamless, timely and commercially aligned advice. We regularly advise on business establishment, disposals and acquisitions, product development and structuring, significant regulatory change and regulatory investigations, as well as providing more day-to-day support in relation to distribution, disclosure and compliance.

A significant part of our practice involves supporting global fund managers entering and operating in the Australian market. This includes advising on Australian securities regulation in relation to investing in Australian assets, establishing Australian domiciled funds, advising on institutional mandates awarded by Australian institutional investors and applying for licensing relief.

Nikki Bentley

I understand the financial services industry and thrive on helping our clients in this industry succeed.

Meet some of our team

Every person we deal with is outstanding, and I would say they are particularly consistent at providing balanced and commercial legal advice. The organisation on the whole is very client-focused.

Our Top Independent Endorsements

Chambers Asia-Pacific
  • Chambers Asia-Pacific
  • Investment Funds
  • 2017, 2016, 2015, 2014, 2013, 2012
Chambers Asia-Pacific
  • Chambers Asia-Pacific
  • Financial Services Regulation
  • 2017, 2016, 2015, 2014, 2013, 2012

Our Top Investments & Financial Services Insights

Fast facts about Collective Investment Vehicles (CIVs)

  • 26 Apr 2017

The new CIV regime is a game-changer, with the potential to redefine and transform the Australian investment funds landscape. We believe that the new CIV regime will:enable Australian managers to ...

ASIC releases guide on risk management systems – how will responsible entities be impacted?

  • 10 Apr 2017

On 27 March 2017 ASIC released Regulatory Guide 259: Risk management systems of responsible entities (RG 259). RG 259 provides guidance for responsible entities (REs) on how to comply with their AF...

Beware ASIC acts on licensing exemption compliance failures

  • 24 Mar 2017

Earlier this week the Australian Securities and Investments Commission (ASIC) accepted an enforceable undertaking (EU) from three related foreign financial services providers (FFSPs), which include...

Luxembourg fund managers to benefit from licensing relief from ASIC

  • 21 Nov 2016

ASIC has extended to certain Luxembourg fund managers the relief from the requirement to hold an Australian financial services licence, currently provided to other foreign financial services provid...

Our Investments & Financial Services Experience

Centuria Property Funds Limited

Advised Centuria Property Funds Limited (as responsible entity of Centuria Metropolitan REIT No.1 and Centuria Metropolitan REIT No.2 (together, CMA)) on an underwritten accelerated non-renounceable entitlement offer to raise approximately $100m.

Henderson Global Investors (Australia)

Acted for Henderson in the change of responsible entity of 11 registered schemes from IOOF to Henderson as part of its acquisition of fund managers, Perennial Fixed Interest Partners Pty Ltd and Perennial Growth Management Pty Ltd which have combined assets under management of over $10bn.  This included advising on the transition of responsible entity and integration of the funds onto Henderson's Australian platform, including the change of key service providers to the funds.

Insurance Council of Australia

Advised the Insurance Council of Australia (representative body of general insurers in Australia) and its Board on the corporate governance changes to support  the new General Insurance Code of Practice 2014. This involved designing a new independent and robust corporate governance structure in response to the Code Review recommendations and to meet all stakeholder requirements. We also advised on the process for the adoption of the new Code by all of the insurance members of the ICA.

Prodigy Investment Partners Limited

We advised Prodigy Investment Partners Limited, a joint venture between Euroz Limited and Mr Steve Tucker, on the establishment of its first boutique funds management business, Flinders Investment Partners, a specialist Australian small and emerging companies investment manager. HDY advised on structuring and the documentation to establish the boutique and on the establishment of the Flinders Emerging Companies Fund.

Top 3 Life Insurer

Advised one of the largest life insurers in the market on Stronger Super implications for group life and disability policies, advising on and drafting changes to group insurance programs to ensure alignment with SIS conditions of release, MySuper insurance requirements and APRA prudential compliance.