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Showing 131 - 140 of 365 results for %22State of Origin%22

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
A $2 billion manager - which at one point had 22% of its total equities portfolio invested in beer stocks - sold off the last of its positions in the brewing industry as it sees valuations peaking. Brewing company valuations shot up as a wave of consolidations ...

Super funds embrace crowdsourced cybersecurity

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
... a San Francisco-based crowdsourced cybersecurity startup, taking part in a $33 million capital raise. Hostplus and First State Super have invested in Bugcrowd, a security platform offering bug bounty services. Using more than 25,000 cybersecurity specialists ...

CBA affirms BBSW position

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
Commonwealth Bank reiterated it is disputing ASIC allegations in relation to trading which allegedly affected the Bank Bill Swap Rate on six occasions in 2012. CBA said yesterday that ASIC lodged an updated Statement of Claim to the Federal Court and ...

Industry fund buys $7 million beef stake

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2018
A $70 billion industry superannuation fund is investing about $7 million in a growing NSW agribusiness. First State Super has invested $6.7 million in Stone Axe Pastoral at Ebor - alongside a commitment from the NSW Government of $3.3 million via its ...

FASEA accelerates degree equivalency agenda

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
... takes hold, it needs to be alleviated." Unable to offer any greater detail as to what the guidance would contain, he did state: "The important words here are degree equivalence - not certificate equivalence, not professional designation equivalence - ...

Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
Janus Henderson's pro-forma adjusted revenue increased by 11% in the 12 months to 31 December 2017, driven by investment performance and higher average assets under management. Janus Henderson said strong markets delivered a 9% average increase in AUM ...

Citigroup takes action on pay inequality

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
Citigroup will be the first US bank to begin disclosing wage data and adjusting employee salaries as part of a company-wide strategy to close the pay gap for women and minorities. The organisation confirmed it is taking steps to disclose gender and ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...

TRIS tops adviser query list

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... around employment arrangements and conditions of release," BTFG technical consultant Tim Howard said. FS ADVICE: TRIS and the state of play In June, APRA updated the Superannuation Prudential Practice Guide SPG 280 to give financial advisers additional ...