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Showing 1041 - 1050 of 2101 results for "MAX"

Government launches emerging market impact investment fund

EMMA RAPAPORT  |  WEDNESDAY, 15 NOV 2017
A new impact investment fund aimed at leveraging private investment in small and medium enterprise in the Asia-Pacific region has been launched by the Australian Government. The $40 billion emerging markets impact investment fund will support SME's ...

Tanner appointed to Suncorp board

EMMA RAPAPORT  |  MONDAY, 13 NOV 2017
Former Federal Minister for Finance and Deregulation Lindsay Tanner has joined the board of Suncorp Group as a non-executive director. He fills one of the vacancies created by the retirement of Bill Bartlett and Ewoud Kulk after the Suncorp AGM in September. ...

Industry fund appoints governance and risk head

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
An industry superannuation fund is meeting the increasingly complex nature of the super system head on with the appointment of an executive officer, governance and risk. Natalie Alford, formerly of APRA, will lead the Equip Super's governance, risk ...

Suncorp ditches plans for Tower acquisition

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
Suncorp subsidiary Vero Insurance has abandoned its efforts to acquire Tower Limited, halting its High Court appeal against the New Zealand Commerce Commission's decision to veto the move. In a statement to the ASX this morning, Vero announced it received ...

Diversification trumping growth: Schroders

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Latest Schroders broker research suggests diversification is overtaking growth as the primary driver of asset allocation strategy. About 50 brokers were surveyed and suggested that establishing a "well-diversified portfolio that will rise in most, but ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

AllianceBernstein slashes retail fees

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
AllianceBernstein (AB) will cut management fees for two of its retail funds. The management fee for the AB Dynamic Global Fixed Income Fund has been reduced from 0.70% per annum to 0.55%, while the fee for the AB Global Equity Fund has been cut from ...

Macquarie tops Australian asset manager list

ALEX BURKE  |  TUESDAY, 31 OCT 2017
Macquarie Group remains the largest Australian-based asset manager in the world - and the only one in the top 100 globally, according to Willis Towers Watson research. WTW's annual Global 500 research positions Macquarie, with US$362 billion in assets ...

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
A Pinnacle affiliate has launched the initial public offering for a new small cap listed investment vehicle. Spheria Asset Management is aiming to raise up to $250 million for Spheria Emerging Companies Limited (SEC), which will invest in a portfolio ...

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
The Commonwealth Bank is standing by the way it rewarded bonuses to senior executives between 2015 and 2016, the period it was made aware of potential anti-money laundering and counter-terrorism law breaches, a public inquiry has found. Commonwealth ...