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Showing 1851 - 1860 of 4162 results for "April"

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... executive since October 2017 when then managing director and chief investment officer George Boubouras stepped down. In its April 30 market update, CIE said the fund's cash weighting was about 13%. CIE is a close-ended fund that looks for stable income ...

MGP to expand super solutions, director resigns

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... also spent more than a decade with Lonsec, most notably as acting managing director between 2010 and 2012. He commenced in April and is based in Melbourne. MGP is currently searching for a chief operations officer.

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... will issue 8.4 million shares at $1.80, valuing the company at about $119 million. The public offering was first flagged in April. Raiz managing director George Lucas said the funds will be used to support growth in Australia, launch new features and ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... same as last year. The only new request is a 'pension advice allowance' akin to the one legislated by the UK government in April 2017. The FPA wants the Government to give Australians a $1000 tax-free allowance from their defined contribution pension ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... continue to separately govern members' code of conduct as is. Round two of the Royal Commission, which took place between April 16 and 27, scrutinised several shortcomings of the professional associations' ability to protect clients against inappropriate ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... changes to occur, so where we see solutions we will act. That's why we are getting on with these initiatives now," he said. On April 23, it was revealed ANZ kept a "leaderboard" that ranked advisers on the revenue they brought in. It changed its revenue-centric ...

Blue Sky chair steps down amid business restructure

ALEX BURKE  |  MONDAY, 7 MAY 2018
... accountable business with recurring annual management fees exceeding fixed operating expenses from FY19," Morison said. In April, then-Blue Sky managing director Robert Shand resigned so as to "rebuild market confidence." Shand presided over Blue Sky ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... are offering about $2 billion of residential mortgage back securities (RMBS) debt securities to wholesale investors. In April, Perpetual said Aussie investors' appetite for RMBS is strong, and more investors were turning to secured debt (asset-backed ...

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
... accelerated to 25.6% in the year to March from 25.4% in the previous month and the fastest since the 27.5% rate recorded in April 2017. This is so far above the BCRA's 15% target. Ahh, the times have quickly gone a changin' for Argentina. Less than three ...

Former industry fund CEO moves to AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... on new and existing group insurance clients. Former Local Government Super chief executive Peter Lambert moved to AMP in April. He joined the wealth manager as a senior business development manager. An AMP spokesperson confirmed the move and said Lambert's ...