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Showing 1461 - 1470 of 5002 results for "CAM"

UBS Asset Management drops fees

KANIKA SOOD  |  MONDAY, 2 SEP 2019
UBS Asset Management has reduced the management fees and indirect costs on three multi-asset funds which together have over $530 million in assets. UBS's Tactical Beta Fund range started in 2012 and invests in a range of asset classes, including ...

Former Equip chief joins Cbus

KARREN VERGARA, KRISTI CHENG  |  FRIDAY, 30 AUG 2019
The former chief executive of Equipsuper has moved to a $50 billion industry superannuation fund, taking on the lead role of strategy and growth. Two other executives have also been appointed. Nicholas Vamvakas joined Cbus in August as the group executive ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Yellow Brick Road is expecting to compensate wealth clients close to $1 million for failing its fee disclosure statements obligations. During the 2019 financial year, the ASX-listed firm identified some advice clients with ongoing fee arrangements may ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

The highest honour: 2018 AOTY reflects on win

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
The outgoing Adviser of the Year, Hugh Robertson, has revealed how much receiving the honour has meant to him. Awarded the title of Adviser of the Year for 2018 at last year's Association of Financial Advisers' National Conference, Robertson described ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
Treasurer Josh Frydenberg announced the government will introduce a best interests duty for mortgage brokers and seek to reform broker remuneration. It is the next step in the government's response to the Royal Commission, releasing draft legislation ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
The California State Teachers' Retirement System has joined a derivatives case against Facebook in regards to Cambridge Analytica. The litigation at hand is a pending derivative lawsuit against Facebook's leadership, including the social media company's ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
US Federal Reserve chairman Jerome Powell's in the Hole - the annual Jackson Hole symposium, that is. Out of or deeper into the (Jackson) hole? Powell's all too aware that he has to mind his Ps and Qs because his every word would be sliced ...

Super JV names chief investment officer

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
The $26 billion Equipsuper and Catholic Super joint venture has named its inaugural chief investment officer in preparation for an official merger. Anna Shelley has been appointed to the role, following last week's announcement that Scott Cameron will ...