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Showing 1361 - 1370 of 4897 results for "Alex"

VanEck launches floating rate ETF

ALEX BURKE  |  TUESDAY, 20 JUN 2017
VanEck is launching a new floating rate exchange-traded fund on the ASX. The VanEck Vectors Australian Floating Rate ETF, trading under the code FLOT, is based on a portfolio of Australian floating rate notes (FRNs), or short-term bonds with variable ...

MLC appoints claims chief from AIA

ALEX BURKE  |  TUESDAY, 20 JUN 2017
MLC Life Insurance is welcoming a new chief claims officer. Natalie Cameron will join MLC Life in July. She was previously AIA New Zealand's chief executive, and before that, she held multiple roles at AIA Australia, including chief group insurance ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique. The placement, which was fully underwritten by Ord Minnett, comprised approximately $12 ...

Industry stars recognised at 2017 MAX Awards

JAMIE WILLIAMSON  |  FRIDAY, 16 JUN 2017
... Price Executive of the Year - Sales Darren Hall - T. Rowe Price Finalists Jorden Brown - Capital Group Ross Cartwright - MFS Alex Donald - Ironbark Andrew Mellor - Fidelity International Marketing Team of the Year BlackRock Finalists BT Financial Group ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
The ASIC Supervisory Cost Recovery Levy Bill 2017, which will enable the regulator to recoup costs from the industries it supervises, has been passed into law. Minister for Revenue and Financial Services Kelly O'Dwyer said the passing of the bill reflects ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
UBS Securities paid $280,000 in penalties following two infringement notices issued by ASIC's Markets Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting ...

Mercy Super appoints new chief executive

ALEX BURKE  |  FRIDAY, 16 JUN 2017
Corporate fund Mercy Super has appointed a new chief executive. Wendy Tancred joined Mercy Super in April from Davidson Consulting, where she was also chief executive. Before that, she was Queensland state head of financial planning at BT Financial ...

Robo-advisers expected to meet fiduciary rule

ALEX DUNNIN  |  FRIDAY, 16 JUN 2017
Robo-advisers in the US will be subject to the same fiduciary obligations as regular human advisers, the US Securities and Exchange Commission has said. According to reports the new chairman of the SEC, Jay Clayton, is directing the SEC Division of ...

CBA advice compensation reaches $29m

ALEX BURKE  |  THURSDAY, 15 JUN 2017
The amount of compensation offered to Commonwealth Bank financial planning customers has reached $29 million, according to the seventh and final Promontory report into the Open Advice Review Program. Of that amount, $22.9 million has been paid so far ...