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Showing 1351 - 1360 of 4004 results for "Cut"

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... expensive valuations. PM Capital runs a global opportunities fund and an Asian opportunities fund. In the last quarter, it cut its positions in Macau's gaming companies and closed short positions on American REITs while retaining investments in the Spanish ...

Industry welcomes final Better Banking report

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
The final report of a two year reform program has outlined the progress made by Australia's banks in implementing the Better Banking Reforms Program. Handing down the report, independent governance expert Ian McPhee said commitment to the package of ...

Alternative finance the option for millennials

DARREN SNYDER  |  MONDAY, 16 APR 2018
Financial advisers managing millennial money must plan for larger exposure to alternative finance options as the generation tops Australia's user list of online lending products. Speaking at the AltFi Australasia Summit in Sydney today, OnDeck chief ...

IFM partners to slash carbon emissions in $12bn fund

ALEX BURKE  |  THURSDAY, 12 APR 2018
IFM Investors, the $100 billion super fund investment consortium, is partnering to cut carbon emissions for Australia's largest infrastructure fund. Partnering with the Clean Energy Finance Corporation (CEFC), IFM will work to reduce emissions for the ...

Chief economist update: Let's talk about oil baby

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2018
The Middle Kingdom's supremo, Chinese President Xi Jinpeng, sent equity markets on the up and up. Instead of talking tough and raising the ante on the brewing trade war with the US, Xi announced the opposite. In his speech at the Boao Forum for Asia ...

Flinders fund offers insto rates for retail investors on HUB24

KANIKA SOOD  |  TUESDAY, 10 APR 2018
... available on the HUB24 platform. The lower rates are made possible by HUB24's scalable technology which lets fund managers cut down traditional distribution costs, HUB24's managing director Andrew Alcock said. "There are no rebates or margins retained ...

Tech selloff builds cash pile at Pengana

KANIKA SOOD  |  THURSDAY, 5 APR 2018
... $3.5 billion fund manager, had 25% of its international equities fund invested in FAANG-type stocks. Earlier this year it had cut this to 10% saying they were overvalued and the tech monopoly could end as regulation approaches the sector. The selloff ...

Super Plus switches to SMSF fintech

KANIKA SOOD  |  THURSDAY, 29 MAR 2018
Brisbane-based SMSF administrator Super Plus is migrating its clients to Mclowd, which provides its core software for free. The administrator has entered into a five-year agreement with Mclowd - a fintech with about $1 billion in super assets under ...

Magellan cuts ties with Cricket Australia

ALEX BURKE  |  THURSDAY, 29 MAR 2018
In light of the recent ball-tampering scandal, Magellan has terminated its three-year naming sponsorship agreement with Cricket Australia. Magellan chief executive Hamish Douglass said the agreement was based on shared values and "reputations of integrity ...

Nationwide Super joins Russell alliance, cuts fees

KANIKA SOOD  |  WEDNESDAY, 28 MAR 2018
... co-deliver administration or investment functions, in what it has pitched as an alternative to plain "vanilla mergers" to cut costs. Nationwide is the latest entry to the alliance. "The alliance model allows Nationwide a unique opportunity to reset our ...