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| | | BlackRock Australia has appointed former Victorian Funds Management Corporation chief executive Justin Arter as country head. In September, Arter assumes responsibility for the development and growth of the fund manager as it delivers investment, advisory ... |
| | | | ... 2012. "Global uncertainty continues to weigh on investors' minds, and reinforces the need for a well-diversified investing plan and approach to risk management," said Jim McKay, director of advisory services for Franklin Templeton Investments in Australia. ... |
| | | | ASIC chairman Greg Medcraft has been elected chairman of the board of the International Organization of Securities Commissions (IOSCO) at the annual conference in Beijing. Medcraft's IOSCO term will begin when current chairman, Masamichi Kono, steps ... |
| | | | Plan For Life's recent forecast of the Australian managed funds market sees retail funds growing $425.9bn by the end of 2021. Retail funds, which had $511.1bn in funds under management at 31 December 2011, are tipped to grow to $937bn by 2021, including ... |
| | | | AustralianSuper has won Australia's largest corporate super outsourcing mandate to manage the $1.7bn IBM staff fund. Subject to due diligence, current IBM Super members and employees will transfer to AustralianSuper effective 1 November 2012. The tender ... |
| | | | The number of exchange traded funds used by investors is on the rise despite continued market volatility, with up to 70,000 users expected by the end of the year, according to the latest BetaShares/Investment Trends ETF Report. The BetaShares/Investment ... |
| | | | UBS Global Asset Management has this week launched two new wholesale products designed with a view to the upcoming MySuper legislative changes and in response to client demand. The UBS Tactical Beta Fund - Conservative and the UBS Tactical Beta Fund ... |
| | | | The Australian market looks set to open lower following falls on US markets overnight and continued political uncertainty in Europe. At 0645 AEST on Thursday, the June share price index futures contract was down six points at 4,155. In economic news ... |
| | | | Midwinter has implemented changes announced in the 2012 May Federal Budget in its Reasonable Basis advice modelling software, allowing advisers to alter tax settings. "It is a difficult time for financial planners due to the large amount of uncertainty ... |
| | | | FSC chief John Brogden has called on the Gillard government to provide strong support for the wealth sector ahead of addressing an IRS hearing in Washington DC on the contentious FATCA regime. The Foreign Account Tax Compliance Act (FATCA) regime aims ... |
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