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Showing 10421 - 10430 of 22150 results for "Tim"

AMP Capital awards historic $17bn passive mandate

ALEX BURKE  |  WEDNESDAY, 19 APR 2017
AMP Capital has awarded a passive suite of mandates collectively representing $17 billion, the largest mandate awarded by a fund manager since the $10.8 billion awarded to RARE Infrastructure by Pacific Current Group in 2006. UBS explained to Financial ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

WAM Capital buys unlisted company

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Listed investment company WAM Capital, managed by Wilson Asset Management, is acquiring an unlisted investment company with net assets worth $25.5 million. It will issue 13,246,376 new shares under the terms of the deal on or before 19 April, calculated ...

IRESS readies industry for super reforms

EMMA RAPAPORT  |  WEDNESDAY, 19 APR 2017
Financial technology provider IRESS is assisting administrators and financial advisers to respond to the introduction of the superannuation laws with several updates. IRESS' superannuation administration platform, Acurity, and its financial advice technology ...

New portal advances SMSF advice

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2017
Financial advisers can now manage the entire needs of SMSF clients through a new purpose built, cloud-based solution. Queensland-based financial services firm Quill Group has developed a new low-cost portal to enable advisers to establish a new SMSF ...

Chi-X Australia boss departs

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2017
Chi-X Australia is on the hunt for a new chief executive following the departure of John Fildes last week. A spokesperson for the exchange confirmed Fildes resigned on April 12, effective immediately. Former chief executive Peter Fowler is taking the ...

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Open data used by banks and fintechs to innovate and cross-sell products must be underpinned by robust regulation that protects the consumers, otherwise they risk major privacy breaches, according to the Australian Bankers' Association. Educating customers ...

Robotic stock picking: the future is now

JAMIE WILLIAMSON  |  TUESDAY, 18 APR 2017
The world's largest fund manager has shifted the goal posts for active equity investment, announcing it will take the enormous step of combining humans and machines for stock selection. The question is what scale does this new man and machine combination ...

Stone and Chalk lends voice to start-ups by women

MICHELLE BALTAZAR  |  THURSDAY, 13 APR 2017
It may be the week before the Easter break but it's business as usual at fintech hub Stone & Chalk with last Tuesday's networking pow-wow packed to the rafters. The inaugural 'Power Women in Fintech' panel discussion was held at the Sydney headquarters ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...