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Showing 1651 - 1660 of 4464 results for "October"

ASIC goes to court seeking AMP documents

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... Court to compel Clayton Utz to produce AMP documents that have been withheld from the corporate regulator to date. In October, ASIC issued a notice to Clayton Utz asking it to produce certain documents, as it continued its investigation into the AMP ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... Asset Management's High Conviction Fund has delivered 20.2% per annum (after fee) since its August 2015 inception to October end. On Wednesday it will list on the ASX as a LIT under the ticker OPH - without raising any additional capital -- in a ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... ditching equities - have been well-rewarded for their efforts. Investors in Australia who switched to bonds at the end of October would be more than 4% better off than sticking with equities. This is according to FIIG Securities director of fixed income ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... a Deloitte-led strategic review found it was no longer viable for the firm to make new sales of its life products. In October, more than half of the firm's workforce was made redundant, in an effort to restructure the business after it copped a barrage ...

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
... termed as "Newco." SocietyOne managing director and chief executive Jason Yetton was appointed as NewCo chief executive at October end. CBA's asset management business CFSGAM was excluded from the demerger and sold to Japanese bank Mitsubishi UFJ ...

Sydney fintech sells for $339m

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... coming from recurring SaaS product revenues. Temenos's digital front office product has more than 300 banking clients. In October, Temenos scored a deal with an Australian financial services firm with $1.7 billion in funds under management. Uniting Financial ...

Schroders hires former Hunter Hall portfolio manager

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
... permanently moves to Australia. Schroders managed $803 billion at June end. It managed $39.2 billion for Australian clients at October end. Its Australian business is focused on institutional and wholesale clients. It has a team of 95 in Sydney, with ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... expensive. Now, members can get no-cost, personal advice from a WA Super professional in less than an hour," she said. In October, WA Super launched its Boring is Super media campaign to help debunk the myth that 'super is boring.'

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
... contained. The latest update shows that headline inflation eased to an annual rate of 2.2% in November of 2018 from 2.5% in October - in line with market expectations but is the slowest rate since January this year. There's not second guessing the ...

Challenger bolsters exec lineup

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... largest provider of annuities in Australia while the funds management business has $81 billion in AUM at September end. At October end, it announced its chief executive of six years Brian Benari was stepping down to retire. His replacement, Howes, is ...