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Showing 10061 - 10070 of 22801 results for "Funds"

Bendigo sells estates business

ALEX BURKE  |  MONDAY, 19 DEC 2016
... Trustees has purchased the business, which comprises roughly 141 perpetual and ongoing trusts, representing $140 million in funds under management. EQT managing director Mick O'Brien said the acquisition is "consistent with our strategy of growing in ...

SMSF satisfaction belies uncertainty

ALEX BURKE  |  FRIDAY, 16 DEC 2016
... financial advisers (42%) and accountants (30%) in the management of their fund. This was not just limited to higher value funds, with 30% of those enlisting a professional financial adviser having less than $200,000 in their SMSF."

Garcia to exit AIST

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... said. AIST president David Smith acknowledged Garcia's leadership. "Tom has been a passionate advocate for not-for-profit funds and their members through a period of significant policy and implementation challenges, as well as technological disruption," ...

Montgomery funds rated by Zenith

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
Montgomery Investment Management's global range of funds is now 'Recommended' by Zenith. The Montgomery Global Fund and the Montaka Global Access Fund received the rating following Zenith's 2016 International Shares Review. Zenith noted in its rating ...

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... representations that Protect Ensure's products were conservative and low-risk options - similar to a term deposit - and that client funds would be pooled to attract a higher rate of interest. The regulator found that the products were actually unsecured ...

Zenith rates CFM diversified alternative beta fund

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... Winston Capital Partners. The CFM ISDiversified Trust employs a diversified alternative beta strategy, accruing $47 million in funds under management since its inception on 1 December 2015. Along with the Zenith judgement, SQM also awarded it a "superior" ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
... normal. Two days less of a full year, the Fed followed up its lift-off with another 25 basis point lift, taking the fed funds rate from 0.25% - 0.50% to 0.50% - 0.75% at the conclusion of its 13-14 December FOMC meeting. While financial markets widely ...

MySuper competition heats up: Rainmaker

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
MySuper is the new high-growth area for retail superannuation funds with attractive offerings competing directly with not-for-profit super funds. Rainmaker's September quarter MySuper report shows MySuper products operated by retail groups like banks ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
... appeared to reference the ongoing debate regarding the proposed one-third non-union board representation rule for industry funds. This became clear given his wider condemnation of Labor's opposition to the establishment of the Registered Organisations ...

Fiducian boosts FUA by $44m

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
Fiducian boosted its funds under advice by $44 million after agreeing to acquire two Victorian practices. The total consideration for the practices, which are based in northeast Melbourne and Gippsland, is $720,000. Following the dual acquisition, Fiducian's ...