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Showing 151 - 160 of 1907 results for Laura Millan

Multimillionaires still love property above everything else

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
Australian high net worth (HNW) investors' highest allocation is in real estate, a sign that there are opportunities in the asset class despite warnings of a property bubble. The latest Capgemini and RBC Wealth Management Global HNW Insights Survey ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
In a bid to reduce the 20.4% discount on its China Growth Fund, AMP Capital has introduced key changes based on a review by Goldman Sachs. The changes include implementing a Shanghai-Hong Kong Stock Connect trading platform to increase the fund's liquidity. ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
Retail superannuation funds have welcomed the introduction in Parliament of the bill that seeks to mandate the presence of independent directors in boards. "With over $2 trillion currently sitting in the superannuation pool, good governance has never ...

Key executives depart ANZ ETFs

LAURA MILLAN  |  WEDNESDAY, 16 SEP 2015
Two executives have stepped down from their roles as co-heads of ANZ ETFs, the joint venture between ANZ and ETF Securities. Only four months after announcing the partnership, ANZ ETFs co-head and head of distribution Danny Laidler and co-head and chief ...

NZ Super posts 14% returns for FY2014

LAURA MILLAN  |  WEDNESDAY, 16 SEP 2015
The New Zealand Superannuation Fund returned 14.64% and finished the year to June 2015 with funds under management of $29.54 billion. The fund exceeded its two benchmarks, which are its own passive reference portfolio and the Treasury bill, which measures ...

IRESS acquires UK fintech businesses

LAURA MILLAN  |  WEDNESDAY, 16 SEP 2015
IRESS has acquired two financial technology businesses based in the United Kingdom as part of the strategy to develop its operations there. One of the businesses is Proquote Limited, a provider of trading, market data and connectivity solutions, owned ...

Turnbull expected to dust off shelved policies

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
The financial services industry sees the leadership change as an opportunity for the government to finally issue its response to the Financial System Inquiry (FSI) report and other policy issues that have remained shelved for months. A number of industry ...

FinaMetrica in robo advice deal with Swiss private bank

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
Australian-based firm FinaMetrica has developed a sophisticated robo advice tool for a private bank in Switzerland. NBK Private Bank Switzerland will be using FinaMetrica's suitability tool kit, a 15-minute test that looks at the investor's risk tolerance ...

ANZ senior manager leaves to set up consultancy

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
ANZ senior manager of mandate research will set up his own consultancy, as the bank streamlines the Office of the CIO division. Nigel Douglas confirmed to Financial Standard that he has set up Douglas Funds Consulting, a firm that will provide consultancy ...

Japan joins Asia Region Funds Passport

LAURA MILLAN  |  MONDAY, 14 SEP 2015
Japan and five other countries from the Asia Pacific region will join the Asia Region Funds Passport, which will ease the trade of managed funds within economies in Asia. South Korea, New Zealand, the Philippines, Thailand and Australia will also participate ...