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Showing 1351 - 1360 of 3903 results for "ASX 100"

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service. About 305,000 MasterKey Personal Super (MKPS) members will ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Advisers and investors should be "particularly vigilant" of investment scams this time of the year, as scammers prey on people's fear of getting in trouble with the ATO as tax season continues, according to Finder. Australians are now losing $1 million ...

Former REIT exec to lead new funds management business

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
A former AMP and Centuria executive will lead the wholesale funds management business at one of Australia's oldest companies. Neil Rogan joins Gowing Bros after serving as general manager of the investment bond business at Centuria Capital for three-and-a-half ...

Chief executive pay cheques get fatter

KANIKA SOOD  |  TUESDAY, 17 JUL 2018
Australian chief executive remuneration is at a 17-year high for ASX 100 companies, as onus payments pile up, according to analysis from the Australian Council of Superannuation Investors (ACSI). Overall, the median realised pay for an ASX 100 chief ...

Investor interest in long-short strategies surging: Zenith

KANIKA SOOD  |  THURSDAY, 12 JUL 2018
The amount invested in Zenith-rated long-short Australian equity strategies surged 43% in the 12 months to March as investors steer portfolios through a prolonged bull run with concerns for a market correction in the future. Over a four-year period ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
Contango Asset Management has hired K2 Asset Management's heads of wholesale and retail distribution as part of its new team following a restructure in April. Damian Craven is taking on the role of Contango Asset Management's (ASX:CGA) head of retail ...

Sydney asset manager hires director

KANIKA SOOD  |  TUESDAY, 10 JUL 2018
A $5.3 billion global manager which acts as the responsible entity for several ASX-listed funds is seeing a change in its board positions. Walsh & Company Investments director Tristan O'Connell is stepping down to focus on activities in the Evans ...

Balanced portfolios better than chasing winners: Research

HARRISON WORLEY  |  FRIDAY, 6 JUL 2018
A global investment manager believes asset classes move positions too quickly for investors wishing to jump on the coattails of a short-term winner. Latest research from Russell Investments finds Australian investors with long-term investment goals ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
Mercantile OFM is moving towards the acquisition of all shares in a private equity-focused listed investment company (LIC). In an announcement to the ASX, IPE directors unanimously recommended shareholders accept the offer in the absence of a superior ...

PM Capital offers new LIC

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
PM Capital Global Opportunities Fund (ASX: PGF) and its subsidiary PM Capital GO 2025 yesterday announced a new listed investment company. PTrackERS, is a specially-developed converting security. In seven years' time, PTrackERS security holders ...