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Showing 1161 - 1170 of 3397 results for "ABS"

RNY unitholders left unpaid after Aurora scandal

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
Many unitholders in the RNY Property Trust have yet to be compensated following the takeover by Aurora Funds Management, whose chief financial officer was terminated after $1 million vanished from a listed Aurora trust last weekend, and ASIC has so ...

Contango swaps investment managers following AGM

ALEX BURKE  |  TUESDAY, 28 NOV 2017
The majority of Contango Microcap (CTN) shareholders approved the proposal to remove Contango Asset Management (CGA) as the firm's investment manager at the annual general meeting today. The new investment manager for CTN will be NAOS Asset Management. ...

Leading asset consultant makes specialist hire from NAB

ALEX BURKE  |  THURSDAY, 23 NOV 2017
One of Australia's largest asset consultants has named a new specialist hire. Nam Tran joins Frontier Advisors as specialist consultant from NAB, where he held multiple roles, most recently as associate director, institutional banking. Prior to that ...

Family members greenlit for $60bn industry fund

ALEX BURKE  |  WEDNESDAY, 22 NOV 2017
Following on from obtaining a public offer licence in May, a $60 billion industry superannuation fund is opening its doors to family and former members with a new Personal Accounts product. UniSuper said the move came about as a result of strong demand ...

Gender pay gap widespread in financial services: Report

KARREN VERGARA  |  MONDAY, 20 NOV 2017
Financial services retains the notorious crown as the industry with the highest gender pay gap, the latest report from the Workplace Gender Equality Agency shows. Financial services and insurance employers reported the largest gap of 31.9% between male ...

HESTA announces life insurance facelift

DARREN SNYDER  |  MONDAY, 20 NOV 2017
Industry superannuation fund HESTA is enhancing its life insurance offer, including a shift to age-based pricing that will be effective 1 March 2018. Among the changes, HESTA has also bolstered its income protection cover to include a lump sum provision ...

RG97 to shine a light on passive strategies: Aberdeen Standard

ALEX BURKE  |  MONDAY, 20 NOV 2017
RG97 will likely demonstrate some passive investment vehicles aren't quite as cheap as people believe, according to Aberdeen Standard Investments head of Australian fixed income Nicholas Bishop. Speaking at a media briefing in Sydney, Bishop suggested ...

ARCO Investment Management launches new strategy

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
ARCO Investment Management is responding to investor demand with a new, daily-priced absolute return offer. Building on the strong performance of its flagship absolute return strategy, ARCO has introduced the daily-priced ARCO Absolute Return Fund for ...

SuperFriend welcomes new director

EMMA RAPAPORT  |  FRIDAY, 17 NOV 2017
A mental health foundation that works with profit-to-member superannuation funds has appointed its first independent, non-executive director to the board. Megan Bonny joins SuperFriend with more than 20 years' experience in managing communications and ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
... to town either. I'm not in a "Grinchy" mood today, it's just the feeling I got after the Australian Bureau of Statistics (ABS) released its Wage Price Index (WPI) report showing that the country's employers continue to play Mr. & Mrs. Scrooge. Wages ...