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Showing 10071 - 10080 of 21783 results for "Dec"

SSGA expands active managed funds business

MICHELLE BALTAZAR, JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
More than four years and $500 million in assets later, the active managed funds business of State Street Global Advisors Australia is gearing up for the next chapter of its growth. The world of active equities is tough business. There are many competitors ...

Plato fund oversubscription heralds income appetite

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
Plato's Income Maximiser listed investment company has exceeded its $220 million target, signalling Australia's soaring demand for income-oriented strategies. Plato's IPO will remain open until April 21, allowing for a further $110 million in investor ...

Super fund private equity demand growing

KARREN VERGARA  |  WEDNESDAY, 5 APR 2017
Superannuation funds are shunning traditional asset classes and increasingly turning to private equity opportunities, the latest key market insights from law firm MinterEllison show. In the last 12 months superannuation funds have ramped investment ...

Henderson appoints investment director

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
Following on from its merger proposal with Janus Capital late last year, Henderson appointed an investment director for its emerging market equities team. Ian Tabberer was previously a part of Henderson's global equities team, which underwent a restructure ...

Industry fund continues in-house investment expansion

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
Industry super fund Cbus is continuing to expand its in-house investment capability with the appointment of a senior portfolio manager, fixed interest and cash. Michael Swan, formerly of boutique fixed income asset manager Brookline Partners, joins ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
Corporate regulator ASIC successfully brought its first action against a licensee for breach of the Future of Financial Advice reforms in the Federal Court. Melbourne-based financial advice firm NSG Services (NSG) was found by the court to have breached ...

Super insurance maintains active pricing: Research

DARREN SNYDER  |  WEDNESDAY, 5 APR 2017
About one-fifth of superannuation funds changed insurance rates or cover in the final quarter of 2016, latest Rainmaker research shows. The just-released Superannuation Benchmarking Report details how these super funds changed insurance rates or cover ...

Mobile education drives advice professionalism

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
Financial advisers looking to increase their level of education in the face of the professional standards legislation can now do so through a joint venture between knowITdigital and vocational education provider Monarch Institute. Users of knowITdigital's ...

Japanese businesses have sunnier mood

BENJAMIN ONG  |  WEDNESDAY, 5 APR 2017
The Bank of Japan's (BOJ) Tankan survey showed that the large manufacturers' sentiment index increased to a reading of plus 12 in the March quarter from the December quarter's plus 10 reading. While this is lower than market expectations for an increase ...

ANZ updates position on wealth business

DARREN SNYDER  |  TUESDAY, 4 APR 2017
ANZ chief executive Shayne Elliott has confirmed the bank is not getting out of wealth entirely and is seeking a partnership where products would be manufactured for the business. Elliott said ANZ's wealth management business is not putting a "for sale" ...