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Showing 1751 - 1760 of 5509 results for "September 30"

Tech selloff builds cash pile at Pengana

KANIKA SOOD  |  THURSDAY, 5 APR 2018
Australian equities managers unloading tech stocks face a tough question - where do they put this pile of cash to work? One international equities manager saw its cash allocations spike to a three-year high as it trimmed investments in tech stocks in ...

New insurance lead at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
An $89 billion industry superannuation fund is welcoming a new head of insurance. David Evans has joined First State Super, replacing Sarina Aarons in the role. "David has extensive experience within insurance holding both executive and senior positions ...

CBA mulls sale of Indonesian life business

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
Commonwealth Bank will potentially offload its Indonesian life insurance business as part of a strategic review. The bank announced it is undertaking a strategic review of PT Commonwealth Life (PTCL) and has engaged external advisers to weigh the possibility ...

Powerwrap adds top industry names

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
A reinvigorated Powerwrap is bolstering its leadership team with the addition of former Netwealth, HUB24 and Morgan Stanley executives. Former Netwealth chief operating and financial officer Bruce MacDougall has joined Powerwrap as its new chief financial ...

Look inside to drive fintech forward: AltFi Summit

DARREN SNYDER  |  MONDAY, 26 MAR 2018
An online mortgage broker believes fintechs partnering with robo-advisers, digital banks and online lenders is important for industry innovation but even more critical are relationships with established players. Speaking ahead of the AltFi Australasia ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
Looking at the Australian Bureau of Statistics' (ABS) latest update on the country's labour market, one couldn't help but exclaim that it was a wonderful set of (seasonally adjusted) numbers. The economy added another 17,500 jobs in February following ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
Gryphon Capital Investments wants non-institutional investors to place money in secured debt securities with its new trust - which it says is the first of its kind in Australia. Gryphon Capital Income Trust (GCIT) will invest in residential mortgage ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
The Australian Bureau of Statistics (ABS) released figures showing that the annual growth rate in Australian residential property prices continued to ease in the December 2017 quarter. The "weighted average of eight capital cities" residential property ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
ANZ is looking at an initial public offering for a New Zealand subsidiary, after an attempt to sell it to a Chinese buyer was blocked last year. The bank was set to sell UDC Finance to Chinese behemoth HNA Group for NZ$660 million when the NZ regulator ...

Praemium data feeds added to BGL platform

KANIKA SOOD  |  MONDAY, 19 MAR 2018
Praemium's automated data feed for financial advisers is now available on BGL's Simple Fund 360 platform. The new data feed will use BGL SmartPost II to automatically move money to ledger accounts. BGL managing director Ron Lesh said his team has been ...