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Showing 1321 - 1330 of 3035 results for "EIG"

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 26 JUL 2016
Brexit concerns push hedge funds to A$4tr Global hedge fund capital increased to A$4 trillion in the second quarter of this year, according to Hedge Funds Research. The surge, sparked by Brexit concerns, was the third highest hedge fund FUM tally on ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

Suncorp appoints new investment head

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
Suncorp is welcoming its new head of investments this week, appointing a former BT Financial Group chief investment officer and head of Advance Asset Management. Leaving BTFG in June after about eight years, Patrick Farrell joined Suncorp on 18 July. ...

HUB24 FUA exceeds 120% growth

KERRIE SYDEE  |  FRIDAY, 15 JUL 2016
HUB24 has reached $3.776 billion in funds under advice (FUA), an increase of 122% on 30 June 2015. The platform recorded record annual retail net inflows of $1.61bn in FY16, an increase of $813m or 102% on FY15. Quarterly net inflows were also up, $579m ...

Adviser demand drives XTB offering

KERRIE SYDEE  |  THURSDAY, 14 JUL 2016
ACBC has launched two new exchange traded bond units (XTB) model portfolios to give financial advisers a simpler way to gain exposure to individual corporate bonds. Available only through advisers, the XTB only portfolios aim to create a cost-effective ...

ASFA backs super boost pledge

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
Several superannuation industry heavyweights are throwing support behind an ASFA and Money magazine initiative aiming to better connect Australians with their super. Eight super funds are joining the Super Booster Day initiative that encourages Australians ...

ClearView appoints three new BDMs

KERRIE SYDEE  |  FRIDAY, 8 JUL 2016
ClearView Wealth has appointed three new business development managers (BDMs), as the group positions itself for further growth. James Blanton has been appointed BDM NSW/ACT, Nick Dowling BDM VIC/TAS and Richard Monroe BDM QLD. Blanton joins ClearView ...

Folkestone buys first asset for senior living fund

MARK SMITH  |  THURSDAY, 7 JUL 2016
Folkestone's real estate funds management subsidiary has exchanged contracts for its first acquisition for its seniors living platform and the Folkestone Seniors Living Fund No.1 (FSLF). Folkestone Real Estate Management is acquiring Watermark Castle ...

Lifeplan increases investment bond options

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
Investment bond specialist Lifeplan is rolling out eight new investment options and an additional rebate tier across its NextGen suite as part of a surging interest in the product. Head of Lifeplan, Matt Walsh, said proposed changes to superannuation ...

M&A activity impacted by politics

DARREN SNYDER  |  TUESDAY, 5 JUL 2016
Macquarie Group and Deloitte led the financial adviser merger and acquisition deal count in Australasia during the first half of 2016, according to the latest Mergermarket data. Both firms recorded 14 deals in the six months to 1 July, followed by Goldman ...