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Showing 2321 - 2330 of 4897 results for "Alex"

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
CommInsure has appointed its independent claims review panel to address "complex claim assessment." The goal of the panel will be to address issues where CommInsure's claims committee recommends a "complex life insurance claim" be denied; in these instances ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
Labor's proposed $53 million Royal Commission won't change big bank behaviour like losing market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that ...

Norwegian pension fund drops 52 coal companies

ALEX BURKE  |  FRIDAY, 15 APR 2016
Norges Bank has announced that 52 coal companies, including two Australian ones, will be excluded from the roughly $1 trillion Government Pension Fund Global. The exclusions came after the introduction in February of a new "product-based coal criterion" ...

Managed fund outflows push product providers to change strategy

ALEX BURKE  |  THURSDAY, 14 APR 2016
Steady outflows from managed funds since the GFC indicate that retail product manufacturers need to move to new solutions, according to Rainmaker Information research. The Rainmaker Advantage report for the December 2015 quarter shows that, in every ...

Allianz Pacific corporate and specialty CEO moves to regional role

ALEX BURKE  |  THURSDAY, 14 APR 2016
Allianz Global Corporate and Specialty (AGCS) Pacific's chief executive will move to a regional management role in June. Holger Schaefer has been chief executive of AGCS Pacific since 2010, having expanded Allianz's insurance capabilities and client ...

SEC seeks comment on Accredited Investors

ALEX DUNNIN  |  THURSDAY, 14 APR 2016
With all the focus on retail financial advice and introducing a fiduciary rule, the US Securities and Exchanges Commission (SEC) is asking for public submissions regarding amending the definition of what is an Accredited Investor. An Accredited Investor ...

SSGA restructure sees distribution head depart

ALEX BURKE  |  THURSDAY, 14 APR 2016
State Street Global Advisors' head of distribution for Australia and New Zealand has departed following a management restructure. Peter Mitchell joined SSGA in 2011 and was responsible for institutional and retail investment solutions, covering ETFs ...

SPIVA report paints sad picture for active management

ALEX BURKE  |  WEDNESDAY, 13 APR 2016
The latest S&P Dow Jones Indices Versus Active Funds (SPIVA) report shows that the majority of Australian active managers underperformed their respective benchmarks over five-year periods. The one exception to this rule was Australian equity small- ...

NAB and PwC partner for tax app

ALEX BURKE  |  WEDNESDAY, 13 APR 2016
NAB has announced that it has partnered with PwC to provide data support services for self-employed workers and other "microbusinesses," including UberX drivers. PwC's Airtax app, originally targeted at Uber drivers, automates the process of collecting ...

NAB hires former AllianceBernstein Australia CEO

ALEX BURKE  |  WEDNESDAY, 13 APR 2016
NAB Asset Management has appointed a head of global institutional distribution. Ross Kent was previously institutional regional director, Australia and New Zealand at Dimensional. He was also chief executive for Australia and New Zealand and executive ...