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Showing 2081 - 2090 of 5616 results for "September 12"

Lonsec upgrades NovaPort fund

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
Australian small caps manager NovaPort Capital's microcap equity fund received a ratings upgrade in recognition of the funds' ability to deliver robust long-term returns. During its latest review, Lonsec upgraded the microcap fund from 'recommended' ...

CFSGAM grows global fixed income team

KARREN VERGARA  |  TUESDAY, 11 APR 2017
Colonial First State Global Asset Management (CFSGAM) launched a new high-yield team in an effort to build its global fixed income footprint. Known as First State Investments outside of Australia and based in New York, the team of five will manage sub-investment ...

Singapore fintech shutters Australian business

ALEX BURKE  |  FRIDAY, 7 APR 2017
A Singapore-based fund manager and crowdfunding platform will cease its Australian operations less than a year after listing on the ASX. CoAssets, which was admitted to the ASX last August, specialises in crowdfunding investment services for small-to-medium ...

Suncorp appoints non-executive director

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
Suncorp has filled a board vacancy with the appointment of a new non-executive director. Joining Suncorp's board is Simon Machell. He is currently a non-executive director and chairman of the risk committee at Prudential Corporation Asia, and chairman ...

Adviser ban upheld by tribunal

KARREN VERGARA  |  TUESDAY, 4 APR 2017
The Administrative Appeals Tribunal (AAT) affirmed the corporate regulator's decision to ban a former client adviser for five years. An ASIC investigation found Ryan Batros placed 'execution only' orders on the ASX that he received from clients to sell ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
The Australian and Securities Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees ...

VFMC appoints new CIO, COO

JAMIE WILLIAMSON  |  FRIDAY, 31 MAR 2017
Victorian Funds Management Corporation named its new chief investment officer, recruiting a global executive from Mercer. Current Mercer global chief investment officer (Mainstream Assets) and chief investment officer (Pacific) Russell Clarke will replace ...

UK pension regulator puts responsible investing centre stage

EMMA RAPAPORT  |  FRIDAY, 31 MAR 2017
The UK pension regulator has outlined new investment guidance for trustees of defined benefit schemes and said attention needs to be given to environmental, social and governance factors. "Trustees need to take environmental, social and governance (ESG) ...

Confident with a capital C

BENJAMIN ONG  |  WEDNESDAY, 29 MAR 2017
Ole! Ole! Ole! Ole! US consumers must be partying like it's the year 2000 for they have not been this optimistic since December of that year. The Conference Board's consumer confidence index surged to a reading of 125.6 in March from 116.1 in the previous ...

Confidently improving

BENJAMIN ONG  |  FRIDAY, 24 MAR 2017
With one political uncertainty removed - last week's Dutch elections where Dutch Prime Minister Mark Rutte's People's Party for Freedom and Democracy (VVD) defeated the far-right leader Geert Wilders and his Party for Freedom (PVV), indicating the rejection ...