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Showing 1581 - 1590 of 3289 results for "Smith"

Super fund trustees say manager fees too high

MARK SMITH  |  FRIDAY, 1 AUG 2014
More than 40% of super fund investment trustees believe fund managers will need to trim their fees to remain competitive. A However, just 6% of managers agree. The figures came from two corresponding surveys conducted by Frontier Advisors. The consultant ...

BOQ completes acquisition of specialist Investec business

MARK SMITH  |  FRIDAY, 1 AUG 2014
BOQ has officially completed its acquisition of Investec Australia's professional finance and asset Finance & leasing businesses. The asset finance & leasing business will merge with the existing BOQ Finance team. "This acquisition expands our business ...

ASX appoints Roche as a director

HARRY PAGE  |  FRIDAY, 1 AUG 2014
... Annual General Meeting, where Heather Ridout and Ken Henry were also appointed as directors. ASX chairman Rick Holliday-Smith said the appointment would strengthen the ASX's global understanding of investment banks. "Given the increasingly global nature ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

ASX agrees to changes after ASIC review

MARK SMITH  |  MONDAY, 28 JUL 2014
The Australian Securities Exchange (ASX) has agreed to make changes to its operations to address a number of issues highlighted by the Australian Securities and Investments Commission (ASIC) in a recent review. The changes will affect the way the ASX ...

SMSF advisers gear for referrals from accountants

MARK SMITH  |  MONDAY, 28 JUL 2014
More than half (55%) of SMSF financial planners expect referrals from external accountants to be a future source of clients, CoreData's 2014 SMSF Professional Report reveals. Overall, three-quarters of all SMSF intermediaries expect 10% growth in their ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
Funds allocated to index strategies grew 28% in the 12 months to end of March 2014, taking the total proportion of the funds management market it represents to a record high of 19%, new data from Rainmaker Information reveals. The rise is the fastest ...

Legg Mason acquires UK global equity manager

MARK SMITH  |  FRIDAY, 25 JUL 2014
Baltimore-based asset manager Legg Mason has acquired UK international equity manager Martin Currie. With offices in six locations, the addition of Edinburgh-based business (with presence in Australia) expands Legg Mason's capabilities in active global ...

Select brings Neuberger Berman hedge fund strategy to Australia

MARK SMITH  |  FRIDAY, 25 JUL 2014
Select Fund Services has made a Neuberger Berman fund-of-hedge-funds strategy available to retail and self-managed super fund (SMSF) investors. The launch of the Neuberger Berman ARMS Trust gives local investors access to the firm's Absolute Return ...