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Showing 1311 - 1320 of 4836 results for "EAC"

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
Despite COVID-19 volatility, financial advisers have managed to deliver value of 5.2% or more each year to clients, according to new research. It's the key finding of Russell Investments' Value of an Adviser Report for 2020, saying this is the case ...

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
The OneVue board has encouraged shareholders to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage ...

NZ firm hires 10 analysts in Australian expansion

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
A New Zealand investment bank with expansion plans in Australia has revealed a "heavyweight" line-up of investment professionals joining its equities research team. Jarden announced it would be expanding into the Australian market in May of this year ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Melbourne's MSC Group has been appointed to provide trustee and fund administration services to three Australian fund managers that are 50% owned by Oaktree Capital Management. Argyle Capital Partners, January Capital and Fortitude Investments Partners ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Cashwerkz fits out bond service

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
Cashwerkz has implemented an execution management solution for its new bond income business. Cashwerkz's Bond Income has adopted Bloomberg's Trade Order Management System (TOMS) to provide trading efficiency to its wholesale investor and financial adviser ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
The government estimates that in 2020-2021 $227.5 billion will be spent on social security and welfare - up 15.4% in real terms from the $196 billion spend last year. The social security spending is largely in response to the COVID-19 crisis, with the ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
A fund manager that played a part in Legg Mason and Franklin Templeton's merger has now bought 9.9% stakes each in Janus Henderson Group and Invesco, sparking speculation of a potential merger in the latter two. Trian Funds Management revealed the positions ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
FASEA has released a draft Financial Planners & Advisers Code of Ethics 2019 Guide for consultation. The draft is intended to provide an explanation of the application of the code. "The Code of Ethics provides an ethical framework of values and standards ...