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Showing 13821 - 13830 of 29117 results for "PRI"

Limited AFSLs like "part-time surgeons"

ALEX BURKE  |  THURSDAY, 14 JAN 2016
Accountants with limited Australian financial services licences are like "part-time surgeons," according to John Birt, principal of advice M&A broker Radar Results. Birt branded limited AFS licenses "dangerous" and argued that in order for accountants ...

Aussie large-cap active managers endure massive outflows

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
Researcher Morningstar estimates Australian equity large-cap unlisted funds lost between $3 billion and $12 billion in assets per year over the last five years. In its latest Australian Equities Large-Cap Sector Wrap, Morningstar said active managers ...

ME names chairman replacing Weaven

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
ME has named the person taking over from not-for-profit sector heavyweight Garry Weaven as chair of the industry fund-owned bank. Ken Hodgson, who joined the ME board in January 2012, took over from Weaven on 1 January 2016. The decision was ratified ...

Hedge funds suffer worst year since 2011

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
Last year was a bad one for hedge funds as they suffered their worst returns since 2011. Numbers from industry researcher Eurekahedge showed that its benchmark hedge fund index returned 1.56% in 2015. Though that's the worst absolute return in four ...

Prime Super awards multi-asset mandate

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
Prime Super has awarded a multi-asset mandate to a $110.5 billion global investment manager. Following on from Prime Super's insurance mandate with CommInsure on December 12, PineBridge Investments announced the super fund has made an allocation to ...

QIC bolsters infrastructure team

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
QIC has appointed a partner in New York to its infrastructure team. Eric Belman was most recently managing director, business development at GE Power and Water. Prior to that, he oversaw mergers and acquisitions strategy at United Technologies and PepsiCo. ...

Japanese consumers a tad more confident

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2016
Japan's Cabinet Office reported that consumer confidence stood at 42.7 in December. While this is much higher than market expectations for a 42.3 print, it's only a slight improvement from the previous month's 42.6 reading. The overall index is derived ...

Standard Life Investments sponsors 2017 Lions tour

MARK SMITH  |  TUESDAY, 12 JAN 2016
Standard Life Investments will be the principal sponsorship partner for the 2017 British & Irish Lions tour of New Zealand. The global asset manager will sponsor the famous red jersey of the combined England, Scotland, Wales and Ireland rugby union ...

Prime Super awards insurance mandate to CommInsure

MARK SMITH  |  TUESDAY, 12 JAN 2016
Prime Super has appointed CommInsure as its new group insurer following a competitive tender process. The partnership takes effect on 1 May 2016. "This is an exciting change to the group life insurance arrangements for Prime Super. Our goals in undertaking ...

Wingate appoints senior investment analyst

ALEX BURKE  |  TUESDAY, 12 JAN 2016
Wingate Asset Management has a new senior investment analyst. Covering equities research and risk analysis, Thomas Hodson joins Wingate from UCA Funds Management, where he was also a senior investment analyst. Prior to that, he held roles at Barclays ...