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Showing 1991 - 2000 of 5520 results for "Class"

ASIC puts investment managers on notice over valuations

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... ensure that valuations are reasonably current and regular, performed using appropriate methods and assumptions for that asset class and are reviewed regularly by the board and carried out by unbiased valuers. In addition, entities should ensure assets ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... on from the tremendous success of the Diversified Income Fund in New Zealand, to provide investors with access to a world class portfolio of fixed interest securities and equity income-generating securities," Milford chief investment officer Wayne Gentle ...

Rejigging retirement income: First Sentier Investors

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
In terms of retirement income solutions, there is a need to balance the fine line between making things simple and making them simplistic, according to Rudi Minbatiwala head of equity income at First Sentier Investors. Speaking as part of the Actuaries ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
UK investment giant Hargreaves Lansdown is facing a potential class action over its alleged promotion of Neil Woodford's funds. The Woodford Equity Income Fund was spectacularly wound up after its namesake star fundie Neil Woodford offered an emotional ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... banking units, creating AMP Australia and Wade was named chief executive. His resignation comes as AMP battles numerous class actions, one filed on behalf of its own financial advisers who have seen the value of their businesses decimated by the group's ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... wishes to make it clear that the investment process, including the strategic asset allocation process undertaken by the world class investment management group, remains unchanged since being rated by Morningstar as Gold." At the time of the ratings changes ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... base and simplifying its fleet, focusing on customer value, harnessing employee and customer culture, investing in world class digital and data technologies, backing a strong balance sheet, and investing in jobs and future growth. Bain Capital Australia ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
The global private markets fund manager has hired multi-boutique GSFM's head of research and key accounts. Shaun Thomas joined Partners Group last week, as a client relationship manager. He reports to Partners Group's local head of retail Jonathan ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... sell below the 5% threshold for significant ownership comes after some turmoil at AMP. Last week alone AMP was hit with two class actions and announced to the market that it expected profits to be 50% lower due to the impacts of COVID-19. One of those ...