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Showing 12591 - 12600 of 22855 results for "Funds"

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... "will not take action where such financial services are provided on a wholesale basis to trustees of existing superannuation funds with less than $10 million in net assets." The regulator added that "this will not affect any private rights of action ...

Australian Ethical launches country's first ethical bond fund

MARK SMITH  |  MONDAY, 11 AUG 2014
... dollar-denominated fixed rate investments that meet the group's ethical standards as laid out in the Australian Ethical Charter. It has funds under management of $125 million. "Australians wanting to invest in ethical fixed interest assets can - for ...

Challenger pinches account managers from AMP

MARK SMITH  |  MONDAY, 11 AUG 2014
... Challenger has appointed two executives from AMP Capital to join its key account team following strong sales and growth in funds. Angela MacPherson and Anna Schofield joined Challenger in July as national key account managers, reporting to general manager ...

Henderson turns fund flows around

MARK SMITH  |  MONDAY, 11 AUG 2014
... to A£74.7 billion ($135 billion) following strong demand for the UK and Australian listed fund manager's global retail funds franchise. Underlying profits edged up slightly to A£90.7 million ($164 million) for the first half of the year, from A£88.5m ...

Australia's unit trust dictum is killing the funds industry

ALEX DUNNIN  |  FRIDAY, 8 AUG 2014
If Australia wants develop its potential to be funds management player in the Asia region, government has to decide whether it's policy on how it treats international fund managers is targeted at minimising tax leakage or exporting services, growing ...

MySuper spurred innovation and chased down fees

MARK SMITH  |  FRIDAY, 8 AUG 2014
... use of passive investment as we believe active managers add value." Fryer expressed concern about the number of smaller funds that are in the market. "There's 120 MySuper funds. That's an awful lot. Some are only running about $10-$20 million. Should ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the Financial Services Council conference, will be a particularly hard blow to industry funds, as ACCI represents ...

Van Eyk suspends redemptions on Blueprint funds

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
Van Eyk has temporarily suspended all applications and redemptions on one of its funds after the underlying manager unexpectedly invested in a portfolio that was not in line with the fund's strategy. The van Eyk Blueprint International Share Fund (VBI) ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... issue was "not front of mind." On a more positive note, Bowen expressed strong support for initiatives like the Asia Region Funds Passport, and said a future Labor government would be committed to exporting Australian financial services. Read all Financial ...

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... data, and I would argue so much of it that it is going to make meaningful understanding of it impossible." He said super funds may end up having to report 8000 pieces of data, and asked, "What are you going to do with that?" Also arguing against high ...