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Showing 2021 - 2030 of 6256 results for "December 19"

Clime names distribution and private wealth lead

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
Clime Investment Management appointed Adam Youkhana as general manager of private wealth and distribution, a newly created role to lead the client-facing functions of the group. Youkhana was most recently the general manager of wealth at ASX-listed ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
A Ponzi scheme that allegedly duped 8400 retail investors in the US has been ordered to pay US$1 billion in penalties and disgorgement. Woodbridge Group of Companies LLC and its former owner and chief executive Robert H. Shapiro lured retail investors ...

Fund managers embrace China exposure: Zenith

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
More fund managers are increasing their exposures to Chinese equities thanks to major indices that began offering China A-Shares last year. This is according Zenith's analysis of emerging market fund managers it rated, which increased their average ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
AustralianSuper members will pay 50% more in administration fees from 30 March 2019. Current admin fees of $1.50 will rise to $2.25 a week or an additional $39 per year. It is the $140 billion super fund's first fee increase since January 2009. ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
I've got chills, they're multiplying and I fear that the RBA is about to lose control. Apologies for sounding like doctor gloom lately but the list of stats indicating that the Australian central bank would be forced into a counter-offensive ...

Myer Family Investments hires portfolio manager

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
Myer Family Investments has hired a portfolio manager from Janus Henderson Investors. Nick Sladen joined the family office in December as a portfolio manager for equities, Myer FI confirmed. He has almost two decades of financial services experience ...

Roll-it Super expands offering

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
Roll-it Super has partnered with Moneytree to provide customers better control of their finances. Personal finance management app Moneytree will provide API infrastructure to enable Roll-it Super users to aggregate all financial accounts securely. Roll-it ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Industry superannuation fund Rest has launched new indexed options that do not charge investment fees. Introduced to Rest members in December 2018, the three new indexed investment choices offer Australian shares, overseas shares or a balanced option ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... edged lower to 5% from 5.1% (taking this to two decimal points, Factset figures show the jobless rate down to 4.98% in December - the lowest rate since June 2011 (4.92%)). That's fine and dandy, Andy. These numbers are certainly something to write ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Parametric have taken the final Productivity Commission report into superannuation to task in its latest research report. According to the firm, the PC missed an opportunity to highlight how super members retiring on after-tax returns are penalised ...