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Showing 2191 - 2200 of 8182 results for "Institutional"

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... $58.9 billion. Challenger Investment Partners, which originates and manages fixed income and property assets for institutional investors and Challenger Life, saw FUM increase by 9.3% to $20.1 billion. Howes flagged that the funds management business ...

Rest to restructure investments, hire CIO

HARRISON WORLEY  |  FRIDAY, 9 AUG 2019
Rest is set to appoint a chief investment officer amid a restructure of its investment operations. The $57 billion industry superannuation fund is bringing its wholly-owned investment arm, Super Investment Management (SIM) into its internal investments ...

ASIC fines Finclear $70,000

KRISTI CHENG, KARREN VERGARA  |  FRIDAY, 9 AUG 2019
Finclear Execution has paid a penalty of $70,000 for failing to comply with on-market buy-back rules. The Markets Disciplinary Panel (MDP) found Finclear contravened market integrity rules in relation to a pre-arranged crossing in April 2018 for an ...

Cull flat fees for small pensions: Report

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
Pension funds should stop charging flat fees on small and dormant accounts, a report produced by the United Kingdom Work and Pensions Committee recommends. The report said even if a pension fund makes a good return, a flat fee structure can completely ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
The Tasmanian Treasury will soon start the search for an insurer to take over the mandates of two small public sector superannuation funds. The State Fire Commission Superannuation Scheme (SFCSS) and the Tasmanian Ambulance Service Superannuation Scheme ...

Short-seller knife twist for YouTube fundie

ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
... Our investors understand and value this and our investor base now includes some of the largest, most sophisticated institutional investors in the world."

Westpac fined over reporting failure

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
APRA has handed Westpac the maximum financial penalty it can for failing to meet reporting obligations. Westpac and its subsidiaries St George Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements ...

Why do we need royal commissions, Hayne asks

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
In his first public speech since the Royal Commission's final report in February, Kenneth Hayne mulled why Australians are calling for more royal commissions and what it says about our democracy. "The increasingly frequent calls for Royal Commissions ...

On track: APRA reveals RC progress

HARRISON WORLEY  |  THURSDAY, 8 AUG 2019
APRA is on track to meet its deadlines to implement the recommendations stemming from the Royal Commission. The prudential regulator has revealed its responses to each of the 10 recommendations relevant to APRA following the release of Kenneth Hayne's ...

Super fund invests in disability housing

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
... Christian Super launched Brightlight Group in June 2017 to provide investment consulting and management services to institutional clients. It has over $310 million of impact assets under advice invested in 250 companies located in 54 countries. Tim Macready ...