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Showing 1631 - 1640 of 4879 results for "FAR"

Name and shame super sectors: AIST

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... and a simple business metric for each financial firm - such as large, very large and small - in a public report did not go far enough. The advocacy body wants to see the individual superannuation sectors called out in AFCA's public report, calling on ...

Super, life risk face election test

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... years who don't meet the work test would be able to make voluntary contributions to super. The constant changes have gone too far for one of Griffiths' SMSF clients who now plans to leave the country after losing about $800,000 in 2017 as a result of ...

Super fund awards $100m debt mandate

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
Brandywine Global has won a $100 million debt mandate from a $12 billion industry superannuation fund. LGIAsuper appointed the Legg Mason affiliate to manage an emerging market debt portfolio via the Brandywine Global Sovereign Credit Fund. Launched ...

Tribeca partners for new fund, hires lead

KANIKA SOOD  |  MONDAY, 29 APR 2019
The Sydney boutique has partnered with an advisory firm to launch a new fund that will invest in Asian credit. The Tribeca Vanda Asian Credit Fund will be managed by John Stover who joins from global multi-strategy hedge fund Farallon Capital. The fund ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... (Economic), tried to address at the ABE Conference in February: "How much and how quickly will they [wages] pick up?" "So far, though, the response to that difficulty has not been to pay people more to ensure they stay, or poach them from elsewhere. ...

IOOF breaches APRA licence conditions

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... December. However, according to an independent reviewer - engaged by IOOF - reporting on the firm's progress, the firm has so far failed to set up an Office of the Superannuation Trustee (OST). Establishing this unit forms four of 76 actionable items ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
Watermark Funds Management has completed its global equity strategy exit and bid farewell to several directors. Watermark's Global Leaders Fund (WGF) and Market Neutral Fund (WMK) were removed from the ASX at the close of trade yesterday. The funds ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... if you tried; the S&P 500 index and the Nasdaq Composite Index surpassed their former peaks overnight. And the Dow is not far behind - it's off a mere 0.6% away from its all-time high. Yes Virginia, you can be forgiven for scratching your head, for ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... third - from over 650 funds in 2006 to 228 as at June 2017. "But more should have happened," it said. The Commission went as far as recommending a top 10 'best in show' shortlist of MySuper and choice products. Stakeholders decried potential ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... across the platform and that each month this volume grows by 10%. He added about 2.8 million PayIDs have been registered so far. However, it seems the rollout is not quite complete with more financial institutions yet to come on board. "Some of the second ...