RBF awards $175m credit mandateBY MARK SMITH | TUESDAY, 1 MAR 2016 12:41PM
Retirement Benefits Fund (RBF), the Tasmanian public sector superannuation fund, has invested US$125 million ($175.6 million) in Shenkman Capital Management's multi-strategy credit strategy.Read more: CT, US, New York, Retirement Benefits Fund, Shenkman Capital Management, Dr Ian Lundy, London, RBF Balanced, RBF Conservative, RBF Growth, RBF MyPath, Stamford, UK
A former Australian Wallabies captain will lead Stockspot's new partnership strategy on a consultative basis, with financial advisers and accountants firmly in his sights.
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said.
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not free from the threat of a public inquiry like the banking sector is currently facing.
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy.
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