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Showing 1601 - 1610 of 5002 results for "CAM"

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Federation Asset Management appoints Equity Trustees

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
A recently launched asset manager appointed Equity Trustees as its trustee. Federation Asset Management appointed Equity Trustees as its trustee and responsible entity. The firm, who launched last September, is aiming to lead investment in renewable ...

Vertical integration changes to reshape personal wealth

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
A forecast of trends influencing banking over the next 12 months cites vertically integrated business models continuing to give way to platform and marketplace-driven banking. Infosys Finacle recently released its annual banking trends forecast for ...

Most clients coping with financial stress: Poll

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
Financial advisers are helping clients manage financial stress and keep it at minimal levels, Financial Standard 's latest survey shows. Financial advisers canvassed in our latest straw poll said most of their clients fall into either the moderately ...

QIC signs US investment partnership

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
QIC is investing in a Boston university's parking systems as part of a 50-year partnership, building its American infrastructure presence. QIC Global Infrastructure has formed a new company MasParc and Mobility LLC that will take over the management ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
It appeared that not only us, Australians all, were celebrating Australia Day on January 26. Our American brethren were too... but for a different reason. The Dow rose by 0.7% on the day (January 25 in New York); the S&P 500 increased 0.8% and the Nasdaq ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for neobanks ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
Last week, the Australian Financial Review (AFR) published a piece headed: "Capital Economics becomes fourth forecaster to call for RBA rate cut". It talked about the "independent macroeconomic research" company joining AMP Capital and Industry Super ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Watermark pulls out of global equities

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
Watermark Funds Management is shuttering its global equities business, saying farewell to a number of senior staff. The ASX-listed fund manager announced it is in the process of liquidating its international exposures and will return to its original ...