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Showing 1901 - 1910 of 5859 results for "Short"

Admin change leaves super fund members in the dark

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
Nearly a year after a $15 billion superannuation fund announced it was switching administrators, members have been left in the lurch with technical difficulties. Members of CareSuper have not been able to log into accounts, change options, turn insurance ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... banks will continue to feature heavily in Australian portfolios. He explained the revenue outlooks for the big banks in the short term are relatively poor. "We know they have extra costs. Their mediation for things they've done wrong and increased client ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... vehicle for trying to achieve this and is having some success but total savings (including super) are still falling well short of funding those currently intending to retire. "A contributing factor to savings falling short of desirable levels has been ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
ASIC banned two joint chief executives from providing financial services for six years following an investigation. Jeffrey Worboys and Matthew Barnett were joint chief executives of Australian Mutual Holdings - an AFSL holder and responsible entity ...

Tribeca partners for new fund, hires lead

KANIKA SOOD  |  MONDAY, 29 APR 2019
... decade, investing capital on behalf of the firm's global and Asian-focused funds across credit, direct investments and long-short equities in sectors such as metals and mining, energy and industrials. Tribeca Investment Partners manages $1.7 billion ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... rating from Independent Investment Research, he said. Regal was founded in 2004 and specialises in providing alternative long/short investment strategies. It has offices in Sydney and Singapore with a total of 33 staff.

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... to accept responsibility for poor behaviour." "The public and investors should not have to tolerate conduct which falls short of community expectations." She added the Royal Commission highlighted the need for change. The new ACSI policy proposal also ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... transition was complete. Watermark will now concentrate on two core strategies in Australian shares; one being equity long/short and the other market neutral. On February 26, chief investment officer Justin Braitling wrote to shareholders that the company ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
Concern the superannuation industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ...

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... warned it will be paying close attention to how funds communicate to members about the changes and report those that fall short. According to Xavier O'Halloran, Superannuation Consumers' Centre at CHOICE head of advocacy and campaigns, super ...