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Showing 2171 - 2180 of 5520 results for "Class"

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... model coupled with E*Trade's direct-to-consumer and digital capabilities, will allow the combined business to have best-in-class product and service offerings to support the full spectrum of wealth." James Gorman, chair and chief executive of Morgan ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... a proposal to delist the fund. EGI and Ellerston Capital (as the responsible entity) want to convert EGI shares to a new class of units in an unlisted fund, the Ellerston Global Mid Cap Fund. The goal is to eliminate the discount between EGI's net tangible ...

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... update to the ASX, in which it outlined its progress on its response plan for the AUSTRAC case along with the subsequent class actions and regulatory investigations. In November last year AUSTRAC applied to the Federal Court seeking civil penalty order ...

Investment Manager of the Year named

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... ratios such as Sharpe and Sortino. That same analytical process was applied to 20 other categories across six major asset class sectors. "The Investment Leadership Awards reward investment managers that see their job as more than achieving headline returns. ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... who are accessing advice have a net-worth twice as high as those who got advice in 2008. "Australia has a brilliant, world-class accumulation system but the retirement isn't there," Blomfield said. "This constant change, micro and macro adjustment, it ...

Australian ETF industry competition heats up

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
Australia's ETF industry has become more competitive over the years but is still moderately concentrated to a few players, according to new analysis from Rainmaker. Rainmaker head of investment research John Dyall calculated the Herfindahl-Hirchman ...

MyNorth bolsters managed portfolio offering

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
Financial advisers using AMP's wrap platform now have access to Lonsec's range of retirement managed portfolios. Lonsec has partnered with AMP to include its retirement managed portfolios as an option in the selection of managed portfolios available ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... action if it comes," De Ferrari said. This week the AMP Financial Planners Association (AMPFPA) said it is anticipating a class action will be filed on behalf of its members later this month. AMPFPA chief executive Neil Macdonald told Financial Standard ...

NAB further delays offloading MLC

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... "Customer-related remediation programs and regulatory compliance investigations (including associated enforcement actions and class actions) are continuing, with potential for additional charges although amounts and timing remain uncertain."

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
The AMP Financial Planners Association is anticipating a class action to be filed on behalf of its members later this month, as it gears up to merge with the Hillross Advisers Association. Speaking to Financial Standard, AMPFPA chief executive Neil ...