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Showing 12041 - 12050 of 29100 results for "PRI"

Administrator retains $820m super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2017
An industry superannuation fund renewed its administration mandate with an ASX-listed boutique service provider. MainstreamBPO's administration service subsidiary SuperBPO will continue as Combined Super's administrator after extending its partnership ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
"Three steps and a stumble" is an old market adage that foretells of a drop in the US equity market after the Fed's third interest rate hike. This is turning out to be a doozy so far - the Fed already completed rate hike number three on 15 March 2016 ...

Asia leads growing green bond market

DARREN SNYDER  |  FRIDAY, 12 MAY 2017
Global green bond issuance increased 60% in 2016, continuing the asset class' rapid rise. Fitch Ratings' research shows green bond issuance rose to US$113 billion globally in 2016, underlining investor and issuer interest, especially exposure to environmental ...

NAB sells Asian private wealth arm

KARREN VERGARA  |  FRIDAY, 12 MAY 2017
National Australia Bank is divesting its private wealth business in Singapore and Hong Kong to Oversea-Chinese Banking Corporation in a move that will simplify its Asian operations. The sale of its high-net-worth division entitles OCBC Bank to about ...

Henry Morgan creates new global LIC

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Henry Morgan's investment manager, John Bridgeman, will launch a new global equities listed investment company following the successful oversubscription of another LIC last month. The new LIC, William Kidd Ltd, will be based on a global equities fund ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
There were no surprises at the Bank of England's (BOE) 11 May decision to keep the Bank Rate where it was since August 2016, when it was lowered from 0.5% to 0.25% to contain the fallout from the 'Brexit' vote of the previous month - a decision that's ...

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
BT Investment Management reported strong inflows in its half-year performance to March, but fell short of improving its revenue. The Sydney-based international investment firm boosted its funds under management thanks to a record $4.6 billion inflow ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Following a round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. ...

Sunsuper hires investment manager from Mercer

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Sunsuper has appointed a new investment manager. Scott McNally joins Sunsuper from Mercer Investment Consulting, where he was a manager research consultant. Prior to that, he was an investment consultant at Sovereign Investment Research. McNally also ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Self-managed superannuation funds will be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding ...