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Showing 1571 - 1580 of 5336 results for "Third"

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... announced today that one practice, which was part of its former ANZ Wealth-aligned dealer groups, has been acquired by a third party. He did not disclose which practice departed, however Mota said the firm left with $1.3 billion of FUA which had an "insignificant ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... strategies as ETFs without having to disclose their portfolio holdings. In traditional market making, an ETF issuer uses a third-party called a "market maker" who is tasked with buying and selling securities as people move in and out of the ETF. In return ...

Active, passive investing continues to confuse: Research

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
Active and passive management are still confusing investors, according to Natixis Investment Managers. Latest research from the global investment giant shows just over two thirds of surveyed investors across the globe understand the difference between ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... consumers access to information banks hold about them and power to require banks to share that information with trusted third parties. "Within the regime, consumers will have control over what data will be shared, with whom and for what purposes," Frydenberg ...

Super funds keen on alternatives managers

KANIKA SOOD  |  WEDNESDAY, 17 JUL 2019
... steady proportions into other asset classes," Rainmaker executive director of research Alex Dunnin said. "More than one third of NFP super fund mandates are to alternatives-indicating that as this asset class grows so will mandate complexity." Internal ...

BetaShares launches FTSE 100 ETF

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... increase or decrease with exchange rate fluctuations, according to the product disclosure statement. BetaShares is now the third-largest ETF issuer in Australia, behind Vanguard and BlackRock and ahead of State Street. For the first half of the year ...

Nomura ordered to pay back US $25m

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... potential trades, and who currently owned the securities, with traders often pretending that they were still negotiating with a third-party seller when Nomura had, in fact, already bought a security,' the SEC said. The SEC's orders further found that ...

FASEA exam was fair: Poll

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
Less than a third of the financial advisers surveyed in Financial Standard 's spot poll found the inaugural FASEA exam questions difficult, while the majority said it was reasonable. Less than half (44%) of the survey participants said the questions ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
The wealth management labour force is set to continue expanding in the second half of the year according to recruitment firm Hays. Releasing its 2019/20 Salary Guide into Australia's job market, Hays said 47% of wealth management employers surveyed ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... to 595,000 over the period. SMSFs that use financial planners however, have remained steady at an average of 209,000. One third (32%) of the 4927 SMSF trustees surveyed said they do not seek financial planners because of the lack of confidence in the ...