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Showing 1821 - 1830 of 5920 results for "March 27"

Global manager hires from Magellan

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
An international manager with a growing local footprint has hired a Magellan business development manager as its wholesale distribution lead. GQG Partners appointed Daniel Bullock as director of wholesale markets Australia. Bullock was most recently ...

Mercer unveils best-performing Aussie equity funds

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
Mercer has named the top-performing Australian equities funds for the 2019 financial year. Mercer's latest Investment Survey found Martin Currie's Australia Real Income strategy delivered 18.8% in the year to June 2019. BlackRock Equitised Long ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
Commonwealth Bank Group Super announced the appointment of its new chief executive. Scott Durbin will step into the chief executive role on August 6. A spokesperson from CBA told Financial Standard the appointment follows an extensive search externally ...

Tasplan recruits new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2019
The $9 billion superannuation fund has named a former Mercer executive as its new chief investment officer. Tasplan is welcoming David Stuart to the lead investment role. He was most recently chief strategist for Mercer in the Pacific region, a role ...

Super funds keen on alternatives managers

KANIKA SOOD  |  WEDNESDAY, 17 JUL 2019
Alternatives managers continued to win the biggest slice of institutional mandates awarded in Australia in the year to March end, according to the latest Rainmaker Mandate Chaser report. Not-for-profit superannuation funds and investment managers handed ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
Since introducing subscription-based pricing at the end of March, Charles Schwab's Intelligent Portfolios Premium has added US $1 billion in new assets under management. In a statement, Charles Schwab said it sees these early results as proof the move ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1%, while ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The demand for self-managed superannuation fund advice has stagnated over the last decade, while overall satisfaction with financial planners has declined to a seven-year low. This is according to Vanguard and Investment Trends' March 2019 SMSF Report ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
A Sydney small caps manager set up by telco entrepreneur James Spenceley has shut down its only fund after it failed to swell funds under management. Mhor Asset Management kicked off in August 2016 with the former Vocus chief executive joining forces ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...