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Showing 1681 - 1690 of 5003 results for "CAM"

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
The big four banks are capturing only about 30% of their customers' total spending on financial services products, according to new research. During the Royal Commission, the banks copped criticism for consistently referring existing customers to other ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
What value does an independent board of directors add to an investment company? That's a question that directors of top UK investment companies met to answer yesterday. At a conference organised by 86-year old Association of Investment Companies (AIC) ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

SSGA strengthens gender equality actions

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
State Street Global Advisors will vote against the entire slate of board members on a nominating committee if a company does not have at least one woman on its board. SSGA said the enhancement to its board gender diversity voting guidelines would begin ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
The Association of Financial Advisers used a submission to the Royal Commission to hit back at suggestions the advice industry has not adequately responded to the prevalence of grandfathered commissions. Citing historic government media releases and ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
JCP Investment Partners has appointed a former TCorp general manager of investments to chair its board as a part of its management transition. Mark O'Brien replaces the incumbent (interim) chair Richard Balderstone, starting October 1. O'Brien will ...

Arnhem portfolio manager departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
As the winding down of Arnhem Investment Management rolls on, the portfolio manager of its Global Growth SMA is bowing out. Arnhem partner and portfolio manager Theo Maas has confirmed he is leaving the embattled fund manager, effective today. In a ...