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Showing 12011 - 12020 of 28294 results for "NOT"

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
Rainmaker analysis of super fund returns for 2016-17 shows this will be the eighth consecutive year of positive returns with cumulative returns since the GFC breaking through 90%. SelectingSuper expects the buoyant investment returns could see more ...

Asset managers still charging more for less

ALEX BURKE  |  FRIDAY, 30 JUN 2017
... namely, that there is "considerable price clustering" in asset management charges for retail funds, and that managers "do not typically lower prices to win new business." "These factors combined indicate that price competition is not working as effectively ...

FPA supports ASIC independence definition

KARREN VERGARA  |  FRIDAY, 30 JUN 2017
The Financial Planning Association of Australia is voicing its support for ASIC's definitions on independent financial advice. FPA chief executive Dante De Gori said it is important to note that the definition of 'independent' under s923A of the Corporations ...

UBS chief economist resigns

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
After more than a decade in the role, UBS Australia chief economist Scott Haslem will leave the firm and his successor has been named. UBS confirmed that an internal memo was circulated notifying staff that Haslem has decided to pursue opportunities ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... his Q&A forum of his June press conference that the bank's objective is "an inflation rate of close to but below 2%...It's not employment; it's not growth." The BOE's Carney's caveat of raising rates only if the trade-off between inflation and growth ...

Former Ausbil managers start small-cap fund

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
... they've tried their hand at before, creating a model where they are 100% aligned with investors. "First and foremost, we're not incentivised to grow the funds under management beyond reasonable amounts; we've deliberately broadened the horizon but can ...

Zagga pitches alternative asset class

EMMA RAPAPORT  |  FRIDAY, 30 JUN 2017
... that there is no yield out there," Greenstein said. "Rates are very low, managed products are exceptionally expensive, and not everyone can afford to own their house and wait 20 years and cash out on it. But people have money and they want to invest." ...

Reflation narrative lacks substance: MFS

ALEX BURKE  |  THURSDAY, 29 JUN 2017
... chief investment officer, global fixed income Bill Adams. Speaking to Financial Standard, Adams said that he was determined not to be another "me-too voice in the dialogue that states that rates are going to go up." "We've chosen a different tactic. ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... short-termism mentality requires a "major shift" in asset managers' mindset and skills, a new study by Willis Towers Watson and not-for-profit group the Thinking Ahead Institute shows. The research found evidence for long-termism to be "compelling" ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... customer seeking advice from their bank or insurer about a home loan, credit card, personal loan or general insurance product not have the same ethical underpinning?" she said. Angrisano gave the example of one NAB branch employee who described the pressure ...