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Showing 1911 - 1920 of 6512 results for "Jul"

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
A global investment manager has cut fees on its $3.4 billion flagship global equity fund, ahead of the government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
The Finance Sector Union has accused ANZ of exploiting staff in an effort to pad out its results, with the big bank hitting back. An FSU spokesperson said the union had received "hundreds" of complaints after ANZ asked all staff to take their accrued ...

Boutique manager taps former Challenger executive

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
A liquid alternatives investment manager has added a new chief risk officer, hiring from Challenger. Sydney-based manager Darling Macro has appointed Mark Swan as its new chief risk officer. Swan joins the manager from Challenger, having served as senior ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
Challenger's Fidante Partners has sold its stake in an event-driven manager that it partnered with in 2018, according to its March quarter update which also shows superannuation funds moving to cash. Fidante has ended its partnership with US-based firm ...

Citi hires new investment banking head from Deutsche

KANIKA SOOD  |  MONDAY, 20 APR 2020
Citi has appointed a new head of investment banking for Australia and New Zealand from Deutsche Bank Australia, while also announcing new co-heads of local equity capital markets. Alex Cartel was most recently Deutsche Bank Australia's head of investment ...

US fund manager expands into Australia

ELIZA BAVIN  |  MONDAY, 20 APR 2020
A US-based fund manager has continued its push into Australia with the announcement of a newly created role. GQG Partners announced the appointment of Jane Wang to the newly created role of client service and operations associate. Wang's appointment ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
Once the Australian Tax Office approves a superannuation fund member to access up to $10,000 of their super early the fund will only have five days to hand over the money. As part of the government's economic stimulus package, those who have lost income ...

ETF demand boosts gold

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
A strong demand for ETFs coupled with the world's original safe haven has driven gold ETFs to record highs. Rainmaker research shows that assets under management in gold ETFs has increased around 45.8% in the period from December 2019 to March 2020. ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Having a highly paid team of investment professionals doesn't mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the ...