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Showing 1791 - 1800 of 3466 results for "Stake"

Pendal appoints head of investment services

ALEX BURKE  |  TUESDAY, 22 MAY 2018
... contentious." Gonzalez added the marketplace has been expecting this kind of change since Westpac commenced selling down its stake in BTIM in 2015. He said Westpac has indicated its support of the change.

Artificial intelligence to become commonplace at instos

DARREN SNYDER  |  MONDAY, 21 MAY 2018
About 60% of Northern Trust's Australian-based institutional investment clients believe meaningful adoption of artificial intelligence will occur within the respective businesses over the next two years. Local instos are more bullish on AI than ...

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
Treasury has laid out principles for its proposed retirement income covenant and is inviting stakeholders to submit consultation for the next four weeks. Here are key takeaways from it. The paper's primary suggestion - as expected -- is that all ...

Australian asset owners support first stewardship code

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Two prominent industry superannuation funds, managing more than $174 billion, are the primary signatories to Australia's first asset owner stewardship code. AustralianSuper and HESTA have committed to the Australian Asset Owner Stewardship Code ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The Australian Institute of Superannuation Trustees and the Financial Services Council have joined forces, releasing guidance tools designed to help fund managers prepare operational due diligence reports for the superannuation industry. The FSC has ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
Financial advisers must consult on the draft code of ethics as it contains vague standards the industry has never previously been required to adhere to. While it is already expected that advisers comply with a raft of legal obligations, wealthdigital ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
Keybridge Capital said its "concerns have now turned to outrage" as Molopo Energy, in which it has a 20% ownership stake, revealed another US$23 million transaction in an asset the manager considers worthless. This transaction with Drawbridge Energy ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
The Association of Financial Advisers concedes the existing disciplinary regime for financial advisers is largely ineffective due to a lack of communication between responsible parties. In its response submission to the Royal Commission the AFA said ...

PIMCO partners with data and analytics platform

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... research and analytic capabilities into its investment process. Part of the partnership sees PIMCO acquiring a minority stake in cloud-based integrated data and financial analytics platform Beacon. PIMCO will integrate with the platform for its valuation ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... contentious." Gonzalez added the marketplace has been expecting this kind of change since Westpac commenced selling down its stake in BTIM in 2015. He said Westpac has indicated its support of the change.