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Showing 2371 - 2380 of 6276 results for "December 2021"

Bravura scores platform deal

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
Bravura Solutions won an administration platform mandate from an Australian investment and life insurance company. Garradin, Bravura's investment management and portfolio administration platform will support the Foresters Friendly Society's funeral ...

Praemium chief flags UK pensions investments after record inflows

ALEX BURKE  |  WEDNESDAY, 10 JAN 2018
Praemium chief executive Michael Ohanessian said the firm is looking to invest further in the UK pensions market following record inflows for the December quarter. With combined gross inflows of $764 million, $216 million of which came from international ...

Charter Hall, ISPT boost property portfolios

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
Charter Hall will build a $200 million office tower in Melbourne's CBD following receipt of development approval from the Victorian Government. The Charter Hall Office Trust received approval for a new 22-storey office tower at 140 Lonsdale Street which ...

Zurich sells Singapore life business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
The newest player to enter Singapore's life insurance market is acquiring the business portfolio of Zurich Life Singapore. Singapore Life, which launched in June 2017 as the first new local life insurer to be licensed in Singapore since 1970, will acquire ...

Australians raid super to pay for medical expenses

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
Australians are increasingly dipping into their superannuation accounts to pay for medical expenses including gastric banding and IVF. Figures from the Department of Human Services reveal that in 2016-17, more than $290 million was rereleased from the ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
The Bank of Japan's (BOJ) announcement that it's trimming ¥10 billion off its purchases of 10 to 25-year and 25 to 40-year JGBs sent the Japanese yen 0.5% higher against the US dollar to ¥112.43 after it sparked renewed taper speculations. While Bloomberg ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
J.P. Morgan has requested the responsible entity of one of its global equity products to terminate the fund and distribute net proceeds to unitholders. The JPMorgan Global Income Fund was launched in December 2013 and, based on Rainmaker data, had about ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
There's certainly no denying that the bulls ruled Wall Street over the course of 2017 with its record breaking feat splattered all over the financial headlines one day after another. Less focused on was the fact that the S&P 500, the DJIA and the Nasdaq ...

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
A South Australian financial adviser was permanently banned after he was found to be receiving fees for service into his personal bank account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised ...

WAM pulls out of takeover deal

ALEX BURKE  |  MONDAY, 8 JAN 2018
Wilson Asset Management, via WAM Capital, withdrew its intention to make a takeover bid for Molopo Energy following the latter making a disqualifying transaction. WAM chair Geoff Wilson explained to the ASX that the takeover bid was announced "following ...