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Showing 13711 - 13720 of 21805 results for "Dec"

CIO confidence slumps to nine-month low

MARK SMITH  |  FRIDAY, 14 JUN 2013
Chief investment officer (CIO) confidence levels have fallen to levels last seen in September 2012, according to the Financial Services Council (FSC)'s latest Chief Investment Officer Index. In the June quarter, the index stood at seven from a range ...

Fund manager dismisses super fund fee demands

MARK SMITH  |  FRIDAY, 14 JUN 2013
While institutional investors have a tendency to negotiate aggressively on the amount they pay for fund managers' expertise, Platinum Asset Management chief investment officer Andrew Clifford said cutting fees does not automatically result in better ...

SEC charges US adviser with pension fund theft

ALEX DUNNIN  |  THURSDAY, 13 JUN 2013
The US regulator the Securities and Exchange Commission has charged the leader of a Detroit-based investment adviser for stealing nearly $3.1 million from a public sector pension fund. The SEC alleges that Chauncey C Mayfield, who is the founder, president ...

FUM breaks through pre-GFC barrier

ALICE URIBE  |  THURSDAY, 13 JUN 2013
It's taken five long years but Australia's funds under management (FUM) market has finally recovered all the FUM that was lost during the global financial crisis. Research released by the Rainmaker group in their March 2013 Roundup report reveals the ...

Australian online broker market 'world's most highly concentrated'

JAMES FERNYHOUGH  |  WEDNESDAY, 12 JUN 2013
Lack of choice among online brokers may explain why Australians are unlikely to change brokers, despite having comparatively low levels of satisfaction. The Global Online Broking Report, conducted by wealth researcher Investment Trends, surveyed 96,000 ...

Direct insurance sales grow on consumer confidence

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Australia's direct life insurance market has shown significant growth over the last year at the expense of the traditional advice sales channel, according to Rice Warner. Rice Warner's latest Direct Life Insurance Market Report showed direct insurance ...

More Asian HNWs enlisting private banks

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Asian high net worth (HNW) investors are increasingly enlisting the services of private banks to manage their wealth, according to Australian banking research and advisory firm East & Partners. In May 2013, East & Partners interviewed 949 C-suite executives ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 JUN 2013
The Australian market looks set to open lower following falls on international markets after the Bank of Japan stayed quiet on any new stimulus measures. The Bank of Japan on Tuesday opted against increasing its asset purchase program or changing interest ...

Skaffold to set up alert service

ALICE URIBE  |  TUESDAY, 11 JUN 2013
An automated alert service will be added to online equity research product Skaffold, to enable advisers to better track clients' investments. The new service, which is due to be rolled out at the end of July, allows advisers to enter attributes of a ...

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
Industry Funds Management (IFM), which oversees $44 billion in assets, is ready to set a date for its wide-ranging fee reduction, almost two years after announcing a pricing review. The Global Pricing Review was first announced in November 2011 and ...