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Showing 2381 - 2390 of 7423 results for "MAI"

Magellan renews fund administrator

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
Magellan Asset Management has renewed its fund administration agreement for another five years. Mainstream has provided administration services to Magellan since 2007. Magellan has extended the contract for the next five years with an automatic renewal ...

Vanguard lowers fees

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
Vanguard announced it will lower fees on a number of its most popular funds and ETFs from the start of July. The fee reductions include the Vanguard Australian Shares Index Fund, which is one of Vanguard's largest funds with more than $15 billion ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
Australia's $154 billion sovereign wealth fund has invested in a technology company looking to deploy its products in the industrial sector. California's Everactive raised $30 million in a recent funding round, of which Future Fund was the lead ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
Financial markets action over the past few days leading up to the June G20 meeting in Osaka - where the main game is between the trade talks between the two biggest economies in the world, the United States and the People's Republic of China - suggests ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
The Fed's decision to maintain current policy settings at the conclusion of last night's FOMC meeting doesn't make for much except for self-congratulations and back-patting. What matters more is the forward guidance implicit in the FOMC ...

Insurer to add value via tech

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The battle for customer engagement and demonstrable value in the world of life insurance is leading to a raft of new offers, including a new wellness program from Zurich. Zurich today launched LiveWell, an app-based program that will reward customers ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The UK's Financial Conduct Authority (FCA) has opened an investigation into the events surrounding the suspension of the Woodford Equity Income Fund, with Link Group now caught in the scandal. Earlier this month, star UK fund manager Neil Woodford took ...

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
A former Sunsuper and MLC executive will now lead MetLife's distribution capabilities. Former Sunsuper executive general manager, growth, advice and marketing Michael Mulholland has been named chief distribution officer at the life insurer. Mulholland ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Smart beta now mainstream for instos

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
Nearly six in 10 institutional asset owners are now using smart beta strategies in their portfolios, according to a new survey of 178 instos by FTSE Russell. Adoption has doubled what it was five years ago when roughly three in 10 used smart beta. Last ...