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Showing 141 - 150 of 542 results for "Selby"

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The former head of Westpac's private banking business has brought a Belgium-based robo-adviser down under, and says industry super funds, major banks, broker businesses and dealer groups are already knocking at the door. With its Asia Pacific operations ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
Representatives from industry super and a legal body have called on the Federal Government to deliver on a promised scheme that would have stopped domestic violence perpetrators from hiding their super assets from their spouses. Women's Legal Service ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
UBS will cough up more than $14 million (US$10 million) after the US Securities and Exchange Commission found it had violated rules giving retail investors priority in municipal bond offerings. According to the SEC, UBS improperly allocated bonds intended ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The COVID-19 pandemic has demonstrated the strengths and weaknesses of property assets; with clear winners and losers emerging in the wake of the crisis. That's according to Principal Real Estate Investors chief executive Todd Everett, who told ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The $28.4 billion investment manager will slash fees on nine of its fixed income funds and investment offerings, effective from October this year. Perpetual Investments general manager global distribution Adam Quaife said the management fee reduction ...

State Street warns of dot-com parallels

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
State Street Global Advisors has warned the current rally in equities markets parallels that of the dot-com boom, as price to earnings multiples continue to expand. Since the March 23 low, the ASX All Technology Index, which features the likes of buy-now-pay-later ...

Class launches Xplan integration

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
Class has completed its integration with Iress' financial software solution Xplan, with the offering now available for new Class Super and Class Portfolio customers as a public pilot. The data feed will enable financial advisers and accountants to seamlessly ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
The $52 billion industry super fund has called on the Australian government to encourage institutional investors to take a greater role in a green recovery from the economic crisis. It comes just a month after it announced it would reduce absolute carbon ...

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Listed impact investment vehicle Hearts and Minds Investments has returned more than 26% on a 12-month basis, while also donating $4.1 million to medical research. Yet, the fund has faced major roadblocks when it comes to receiving a rating. The investment ...