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Showing 10551 - 10560 of 29084 results for "PRI"

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
IMF Bentham will potentially fund a class action against Facebook, having already invested in a complaint against the social media giant in response to the now-infamous Cambridge Analytica scandal. IMF Bentham is funding a new representative complaint ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
The Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...

Bell Financial expects solid H1 profits

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
Bell Financial Group is expecting a 65% increase in first half profits and sees strong growth in the second half. It is expecting first half profits of $14 million before taxes - up 65% over the previous corresponding period. Group revenue was $101 ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
Contango Asset Management has hired K2 Asset Management's heads of wholesale and retail distribution as part of its new team following a restructure in April. Damian Craven is taking on the role of Contango Asset Management's (ASX:CGA) head of retail ...

TAL expands Risk Academy offering

DARREN SNYDER  |  WEDNESDAY, 11 JUL 2018
Life insurer TAL is growing its portfolio of health-related education courses through its financial adviser training program. TAL Risk Academy is introducing an education course which assists financial advisers to get the best outcomes for clients who ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
The long-term case for emerging markets in bond portfolios is still strong, even though investors have pulled out billions in recent weeks, according to Eaton Vance. Investor sentiment on emerging markets swung negative in recent weeks on concerns over ...

Financial services employees face ongoing stress at work

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
Latest research from SuperFriend shows about half of financial services employees face ongoing stress at work. According to the mental health organisation's annual Indicators of a Thriving Workplace survey, 47% of financial services employees are ...

Government cuts SMSF red tape

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
The move by the Turnbull Government to release a discussion paper to change the annual audit cycle for some self-managed superannuation funds to three years has been welcomed by the SMSF Association. Minister for Revenue and Financial Services Kelly ...

Private equity firm closes $558m mining fund

KANIKA SOOD  |  TUESDAY, 10 JUL 2018
A $9.8 billion global private equity firm with investments in Sydney and Perth mining companies has attracted interest from several institutional investors for its first mining fund. Denham Capital has just closed its Denham Mining Fund at $558 million. ...

Sydney asset manager hires director

KANIKA SOOD  |  TUESDAY, 10 JUL 2018
A $5.3 billion global manager which acts as the responsible entity for several ASX-listed funds is seeing a change in its board positions. Walsh & Company Investments director Tristan O'Connell is stepping down to focus on activities in the Evans ...