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Showing 11681 - 11690 of 22823 results for "Funds"

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
... fixed interest notes offers to be made to approximately twenty of Protect Ensure's clients. The clients understood their funds would be invested in a high interest bearing account offered by Protect Ensure. Robin used noteholder funds for purposes that ...

VFMC appoints new chairman

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
Victorian Funds Management Corporation (VFMC) recently appointed James MacKenzie as a director and chairman of the board. MacKenzie currently serves as a director of Melco Crown Entertainment; Melco Crown (Philippines) Resorts Corporation; Maurice Blackburn ...

Instos overconfident on drawdown risks

LAURA MILLAN  |  TUESDAY, 30 JUN 2015
... protection' surveyed 420 senior executives with the authority to make investment decisions on behalf of private and public pension funds, endowments and foundations, and sovereign wealth funds in Asia Pacific, Europe and the US. It found that 86% of ...

Super industry collectively engages indigenous Australia

DARREN SNYDER  |  MONDAY, 29 JUN 2015
A collective of Australian superannuation funds and industry representative groups are committed to improving access and engagement with the indigenous community after a recent summit. According to First Nations Foundation chief executive, Trevor Pearce ...

Pension funds loading up on alternatives: BIS

DARREN SNYDER  |  MONDAY, 29 JUN 2015
Pension funds are loading up on alternative investments in response to declining asset returns according to an annual report from the Bank of International Settlements (BIS). Pension funds in the UK and US are reported to be driving the shift with the ...

Wilson to raise $550m for philanthropic LIC

LAURA MILLAN  |  MONDAY, 29 JUN 2015
... Magellan Asset Management, Cooper Investors, IronBridge Capital, Paradice Investment Management, Nikko Asset Management, Insync Funds Management, Hunter Hall Investment Management, Antipodes Partners, Morphic Asset Management or Tribeca Investment Partners. ...

State Street appoints head of custody

ALEX BURKE  |  MONDAY, 29 JUN 2015
... State Street Global Services' institutional client-base, including the recent $50 billion custody mandate with Victorian Funds Management Corporation. Khoury will report to head of State Street global markets and global services in Australia and New ...

Advisers waiting on the sidelines with smart beta

LAURA MILLAN  |  MONDAY, 29 JUN 2015
... in Australia. Financial Keys principal, Mark Causer, told Financial Standard that he tends to recommend exchange traded funds (ETFs) to his clients, but that he is not using smart beta just yet. "My view is that smart beta offering is very limited in ...

Cost cuts put research at risk

DARREN SNYDER  |  MONDAY, 29 JUN 2015
... advantages: intellectual capital and experience in selecting and vetting investments built over time. Producing managed funds research is labour intensive and expensive, but without demonstrable value-add through capabilities such as research, wealth ...

TCorp becomes $70bn investment giant

DARREN SNYDER  |  MONDAY, 29 JUN 2015
NSW Treasury Corporation (TCorp) has become one of Australia's top 10 asset managers after State Super outsourced its funds management activities to the now $70 billion investment giant. This is the latest phase of an amalgamation process that started ...