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Showing 1361 - 1370 of 4056 results for "LIT"

NAB hastily recruits after announcing job cuts

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Following NAB's announcement last week that it would reshape its workforce by cutting up to 6000 jobs, the banking group is immediately recruiting for 600 new, technology-based positions. Seeking specialists in the areas of software engineering, data ...

AMP introduces facial recognition for mobile clients

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Users of AMP's wealth management apps can now log-in via facial recognition. Facial recognition identification enhances the experience of using the Bett3r and My AMP apps, according to AMP's director of digital and design, Michael Weeding. "The apps ...

WAM enters the fray for Molopo takeover

ALEX BURKE  |  THURSDAY, 9 NOV 2017
Wilson Asset Management, via WAM Capital, has submitted an off-market takeover proposal for Molopo Energy, following similar contested proposals from Keybridge Capital and Aurora Funds Management. WAM Capital is seeking all ordinary shares in Molopo ...

China poised for asset management boom

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
China is forecast to become the second largest asset management market globally by 2019, sitting just behind the US, according to Casey Quirk. The consultancy firm also anticipates China will attract half of the industry's new asset flows in two years' ...

Quant manager ties momentum with machine

DARREN SNYDER  |  FRIDAY, 3 NOV 2017
A global quantitative investment manager has turned the clock to re-evaluate its momentum strategies, using expertise in machine learning to build better alpha-capturing trading systems. In his recent trip to Australia, Man AHL chief scientist Anthony ...

Market neutral isn't always the neutral: Alleron

ALEX BURKE  |  THURSDAY, 2 NOV 2017
According to a high-conviction Australian equity manager, a 150/50 strategy may actually carry less drawdown risk than a market neutral approach. Alleron Investment Management chief executive Barry Littler explained that a 150% geared long portfolio ...

FPA supports disadvantaged youths

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
The Financial Planning Association of Australia's philanthropic arm has awarded $133,000 in support of young disadvantaged Australians. This year alone, the Future2 Foundation has funded projects in financial literacy, skills training, work experience ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
A Melbourne-based financial advice firm is the first to be penalised for breaching the best interests duty, slapped with a $1 million fine by the Federal Court. NSG Services, currently named Golden Financial Group, was found on eight separate occasions ...

Transfer balance cap reforms could hurt grieving SMSFs

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
The SMSF Association is urging self-managed superannuation fund members to seek financial advice as to how the transfer balance cap may impact their pension in the event of their spouse's death. SMSFA head of technical Peter Hogan said under the new ...

Robo-advice raises alarm: ARRIA

KARREN VERGARA  |  MONDAY, 30 OCT 2017
Fears that robo-advice is mis-selling products and not delivering the best outcomes for clients continues to raise concerns across the financial advice industry. While the technology behind robo-advice is making it cheaper to invest, it doesn't mean ...