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Showing 1911 - 1920 of 6679 results for "Sale"

Former Arnhem partners join boutiques

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
Two former partners of Arnhem Investment Management have joined boutiques following news of its closure. Theo Maas finished up at Arnhem last September after serving as a partner and portfolio manager for the Arnhem Global Growth SMA capability for ...

Arming human traders for big-ticket trades

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
A new trading software is aiming to make life easier for asset managers trading large chunks of Australian equities, ETFs or futures. Liquidnet's new software, called Discovery, aims to give human traders the same level of analytics as accessible to ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... In the six months to December 2018, IOOF reported statutory NPAT of $135.4 million, up 200% year on year, boosted by the sale of the corporate trust business ($34m), recovery amounts received from a litigation settlement ($25m) and goodwill impairment ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
US consumers aren't shopping till they drop. They dropped spending. The US Census Bureau's latest update on retail spending - which constitutes the bulk of household spending that, in turn, accounts for about 70% of the US economy - showed that ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... exploring options for its in-house financial planning division, following questions from Financial Standard about a potential sale of 50% of Westpac Financial Planning. Financial Standard understands Westpac is in talks with an undisclosed Melbourne-based ...

Netflix-style shopping for funds

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
A former member of Macquarie's insto equities sales team is launching a new platform which ultimately aims to offer a Netflix-style shopping experience to financial advisers and clients. Forum 360 has been working for two years to build the prototype ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... now likely," NAB said in a first quarter trading update. The bank confirmed it retained the flexibility to consider trade sale options, and said it would take a disciplined approach to the exit of MLC and make a move at the right time. "A further update ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Freedom Insurance Group has requested the ASX to suspend its shares indefinitely. Freedom first requested a trading halt on February 5 based on a "pending announcement providing a material update on the financial position of Freedom and its subsidiaries." ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... formally recommended an end to grandfathered commissions, and asked government to push to its current 20-60% commission caps on sale of life risk insurance products to zero when it reviews the Life Insurance Framework in 2021, unless "there is a clear ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
After a damning report card by the Royal Commission, the big question is where to now for retail superannuation and its advisory network ecosystem? At least we know what's not part of the answer: the status quo. Retail superannuation may not be ...