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Showing 1331 - 1340 of 3764 results for "Alternative"

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
Franklin Resources, trading as Franklin Templeton, has entered into a $6.7 billion agreement to acquire Legg Mason, creating a $2.24 trillion investment powerhouse. Under the agreement, which was unanimously approved by both boards, Franklin Templeton ...

Natixis hires insto sales director, opens Melbourne office

ALLY SELBY  |  TUESDAY, 18 FEB 2020
The global multi-asset fund manager has appointed a new director of institutional sales. At the same time, it has established its second Australian office. Natixis Investment Managers has appointment former Stone Harbor relationship manager, Danny King ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... of the allowable ranges and the portion of the budget currently being used," the report said. "Pendal introduced an alternative allocation into its strategic asset allocation in 2012 and is now allocating 15% of the portfolio, the highest among the non-industry ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... behaviour is completely unacceptable." The judge concluded: "Full time imprisonment must be imposed. There is no other alternative." The saga that lead to Merity's guilty plea began in 2011 when Northwest Resources shares were frozen by ASIC when the ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... "While income protection can be costly for older age groups, individuals see value in the products when faced with the alternative of complete loss of income, often with a family to support and mortgage commitments to meet." The PDS for AIA Priority ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... education. There are a number of advisers behind on their FASEA requirements at the moment and they might be looking for alternative options. "Some advisers also feel uncertainty in the industry, especially if they've been made redundant. They might ...

NAB further delays offloading MLC

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... to make progress towards a separation of MLC Wealth. "We are targeting a public market exit but will also explore alternative transaction structures and options," it said. "To assist our exit, our focus includes client remediation, operational separation ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out. The BT Institutional Diversified Balanced PST was managed by Stuart Eliot and invested in local and global shares, fixed interest ...

Perpetual awards mandate

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
An American fund manager has scored Perpetual as its first Aussie institutional client with a credit mandate. Perpetual has mandated Thornburg Investment Management which is headquartered in Santa Fe, New Mexico and represented here by Melbourne-based ...

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
An alternatives boutique that Challenger's multi-boutique business Fidante partnered with in February last year has wound up. London-based FME Asset Management (Financial Markets Engineering) ran a derivatives-based strategy taking positions in ...