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Showing 1511 - 1520 of 3264 results for "January 2014"

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
RNY Australia Management (RAML), currently acting as responsible entity for the RNY Property Trust (RNY), will seek to wind up RNY in light of a decision against prospective RE Aurora Funds Management. ASIC did not grant a variation to Aurora's licence ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
J.P. Morgan has requested the responsible entity of one of its global equity products to terminate the fund and distribute net proceeds to unitholders. The JPMorgan Global Income Fund was launched in December 2013 and, based on Rainmaker data, had about ...

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
A South Australian financial adviser was permanently banned after he was found to be receiving fees for service into his personal bank account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised ...

Global asset manager appoints Aussie managing director

DARREN SNYDER  |  MONDAY, 8 JAN 2018
An investment industry veteran has stepped down from his role as managing director at the Australian office of a US-based multi-affiliate asset manager. His successor has also been named. Prior to the Christmas holidays Gregor Rennie indicated to Affiliated ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
The life insurance market grew 2.4% to $16.2 billion in the year to September, latest statistics from Strategic Insight show. The group insurance segment however, recorded minimal growth, up 1.8% year-on-year to $6.3 billion, with MetLife (14.1%), TAL ...

Former SMSF Association chief joins CEFC board

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A former Self-Managed Superannuation Fund Association chief executive will join the Clean Energy Finance Corporation board on February 1. Minister for the Environment and Energy Josh Frydenberg and Minister for Finance Mathias Corman announced Andrea ...

Sunsuper director steps down

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
A Sunsuper director has resigned from the board after serving half a term. Teresa Moltoni, who first joined the board in July 2016, will step down to focus on the expansion of her industrial relations consultancy and legal practice, effective January  ...

Majority ready for MiFID II: Spot poll

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A majority of Australian financial services firms said they were confidently ready for the Markets in Financial Instruments Directive II (MiFID) reforms that took effect on January 3, according to Financial Standard's weekly spot poll. More than half ...

Happier New Year

BENJAMIN ONG  |  MONDAY, 8 JAN 2018
"I see trees of green, red roses too I see them bloom for me and you And I think to myself what a wonderful world..." -- Louis Armstrong Yes Virginia, if the strong performance of most major equity markets around the world is any indication, 2018 will ...

Powerwrap, OneVue vets join MGP

JAMIE WILLIAMSON  |  MONDAY, 1 JAN 2018
Managed Account Holdings is welcoming a former Powerwrap sales lead and a former head of compliance from OneVue as it continues to capitalise on its acquisition of Linear. Richard Carr has joined MGP as a business development manager to aid the growth ...