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Showing 10991 - 11000 of 29084 results for "PRI"

PIMCO sells Aussie banks as correction looms

ALEX BURKE  |  THURSDAY, 15 MAR 2018
PIMCO is winding down its exposure to Australian banks and certain real estate investment trusts as risks increase in these investments. In an outlook report, PIMCO portfolio manager Aaditya Thakur and credit research analyst John Dwyer said that while ...

Trustee of the Year named

JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
A director for HESTA and Frontier Advisors was named the Trustee of the Year at the Conference of Major Superannuation Funds. Angela Emslie was recognised by the Australian Institute of Superannuation Trustees, with AIST chief executive Eva Scheerlinck ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
"She'll be right, mate!" The latest business and consumer sentiment surveys illustrate the truism of this Australian idiom. Conducted from 16 February to 23 February 2018 - when the financial markets were in upheaval - the NAB business survey showed ...

Crunch time for limited MDA advisers

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
Financials advisers have less than seven months to transition clients and beat the limited managed discretionary account (MDA) deadline. According to Managed Accounts Holdings (MGP) head of distribution Tony Nejasmic, the no-action position on limited ...

REITs the saving grace on SPIVA scorecard

KANIKA SOOD  |  WEDNESDAY, 14 MAR 2018
For the second consecutive year large percentages of Australian funds underperformed their respective benchmarks across most categories in 2017, according to the S&P Dow Jones Indices Versus Active Fuds (SPIVA) Australia scorecard. S&P evaluated returns ...

MetLife expands retail life business

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
MetLife is ramping up its retail life insurance offering with two new appointments. Casey Sugden joins as senior sales manager for Victoria and Tasmania, tasked with leading adviser engagement and growing the regional sales team. Sugden was most recently ...

Regulatory disruption hampers long-term vision for super

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAR 2018
Superannuation industry professionals must maintain focus on achieving the best outcomes for members, despite the seeming lack of long-term vision for the future of the $2.6 trillion system. That was the message delivered by Australian Institute of ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring ...

Skyring names new head of distribution

ALEX BURKE  |  TUESDAY, 13 MAR 2018
Skyring Asset Management has appointed a new head of distribution. Sam Benjamin joins Skyring from Smarter Money Investments, where he was an investment consultant. Prior to that, he was a regional sales manager in New South Wales and Western Australia ...

AMP Capital enters US telco market

JAMIE WILLIAMSON  |  TUESDAY, 13 MAR 2018
AMP Capital will acquire a US telecommunications company, becoming the fund manager's first asset of its type in the region. AMP Capital entered into a definitive agreement with Everstream Solutions' investors for an undisclosed amount. The super-regional ...