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Showing 1291 - 1300 of 3732 results for "Seven"

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
... materialising for members, in the form of lower fees for example, Brandweiner said. Second is the principal-agency risk whereby seven or eight levels of intermediation slowly to erode outcomes for members. This is not done "intentionally or maliciously" ...

IFM Investors return fees to investors

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... investments, listed equities and private equities. The fee rebates come at the tails of its annual results announced about seven weeks ago. On July 16, it reported a 15% growth in funds under management year-on-year. It said its value grew by 20.2% p.a. ...

Aussie instos back world-first blockchain bond

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
Seven institutional investors have backed the world's first blockchain bond developed by Commonwealth Bank and the World Bank. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation of Victoria, CBA, QBE and SAFA signed on as ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... recovering in 2015. After-tax net profit increased by $627 million to $1.31 billion. Eighteen out of 19 direct insurers, and seven out of eight reinsurers reported a profit for the year end. Gross policy revenue increased 6.3% to $24.7 billion year on ...

Entertainment spend retains members: Hostplus

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... been one of the best performing funds for quite a long time. It does currently occupy first position over one, three, five, seven, 15 and 20 years as the number one best performing fund, net of investment fees and tax." Last week, AustralianSuper chief ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... trust and satisfaction levels in banking and financial services have taken a hit since the Royal Commission began. Eighty-seven per cent of respondents to a Financial Standard poll either agreed or strongly agreed the levels of consumer trust and satisfaction ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an offshore company, owned by Agius, to hold funds before using sham loans to ...

Janus Henderson promotes Aussie team

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... construction, this new role recognises the important support function that Taf provides to the team," Feben said. The team is now seven-people strong. Their scope includes the firm's flagship fixed income product, the $3.2 billion Janus Henderson ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... Investors' risk committee as a chair and investment committee as a deputy chair. She has also served on AVCAL's board for seven years. The Adelaide-based manager manages investment portfolios on behalf of South Australia's public sector superannuation ...

Perpetual wins RE mandate

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... RE of Vitalharvest Freehold Trust, which listed on the ASX on August 1, raising $185 million. Its portfolio consists of seven properties across New South Wales, Tasmania and South Australia with a combined value of $238 million. Costa Group Holdings ...