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Showing 11681 - 11690 of 19601 results for "RIS"

Hyperion joins Calastone's automated network

MARK SMITH  |  THURSDAY, 20 JUN 2013
Hyperion Asset Management has joined Calastone, an independent global transaction network for the superannuation and managed fund industries. The fund manager's membership automates flows from participating platforms and custodians into Hyperion Funds. ...

Australian millionaire numbers surge on strong economy

MARK SMITH  |  THURSDAY, 20 JUN 2013
The Australian high net worth (HNW) market is growing faster than the global average, according to the 2013 World Wealth Report. The annual Capgemini and RBC Wealth Management report showed that the number of millionaires in Australia grew by 15.1% ...

End of QE sounds death knell for 'zombie' stocks

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
The tapering of quantitative easing (QE) will burst the bubble in high-yielding 'zombie' stocks, according to UK-based Duncan Lawrie Private Bank's James Humphreys. Stimulus measures by central banks in Europe, the US and Japan have propped up global ...

Challenger stages lifetime annuities comeback

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
Lifetime annuities could be staging a dramatic comeback with Challenger targeting sales of $240 million in the 2013 financial year. According to figures from Plan For Life, the industry has not seen demand of that size since 2004, when the top six companies ...

ME Bank wins A3 rating on super fund backing

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
ME Bank, which was started by industry super funds, has been assigned an A3 rating by Moody's. The rating is a result of ME Bank's focus on providing low-risk residential mortgages to its members. "While it is a small bank in the Australian context ...

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

AIA extends IP insurance to target baby boomers

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
Life insurance company AIA Australia has extended its Income Protection benefit to include workers up to the age of 70, as baby boomers work beyond the traditional retirement age. AIA will also include true level premiums to age 70 for life cover, TPD ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...

IFM mulls Asia office

ALICE URIBE  |  TUESDAY, 18 JUN 2013
Melbourne-based global manager Industry Funds Management (IFM) could set up a sales distribution office in Asia later this year as part of a strategy to raise capital from the region's large pension funds. IFM chief executive Brett Himbury told Financial ...

Investors move to real assets after GFC

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
Australian investors are moving away from sovereign debt and showing a preference for infrastructure and direct property, the annual Principal Global Investors (PGI) CREATE Report found. The ageing population and a global move by governments and corporates ...