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Showing 2381 - 2390 of 3289 results for "Smith"

CommBank wealth division enjoys strong March quarter

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Commonwealth Bank of Australia (CBA)'s wealth management and insurance division grew by 4% in the three months to 31 March. In an update to the Australian Securities Exchange (ASX), Australia's largest company said that funds under administration and ...

Challenger extends deal with SimCorp

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Challenger has extended its licence with platform software provider SimCorp. Challenger first partnered SimCorp in 2003 when, with $10 billion in funds under management (FUM), it was faced with need to either re-jig its legacy system or invest in a ...

Five new funds added to FirstChoice platform

MARK SMITH  |  TUESDAY, 14 MAY 2013
Colonial First State (CFS) has added five new investment options to its FirstChoice investment platform. The new funds, available from 11 June, include: PIMCO Global Bond, Acadian Global Managed Volatility Equity, Colonial First State Global Resources ...

IM focus at slimmed down Russell

MARK SMITH  |  TUESDAY, 14 MAY 2013
The Australian market's political cost-cutting agenda is to blame for the loss of swathes of financial services jobs, according to Russell Investments managing director Alan Schoenheimer, who is refocusing Russell's business on its investment management ...

AQR Global Risk Premium Trust opens to retail investors

MARK SMITH  |  TUESDAY, 14 MAY 2013
AQR Capital Management (AQR) has introduced a new unit class to its within the AQR Global Risk Premium Trust in a bid to attract Australian retail investors. The new Class 1F units come with additional disclosure and a lower minimum investment of $25,000. ...

Research reveals gender gap in share appetite

MARK SMITH  |  TUESDAY, 14 MAY 2013
Women under the age of 35 have a greater preference for shares than their male counterparts, according to the latest findings of the CFSGAM-UWA Business School Equity Preference Index (EPI). The research, conducted jointly between Colonial First State ...

Wealth of opportunities for Aussie asset managers overseas

MARK SMITH  |  FRIDAY, 10 MAY 2013
Industry Funds Management (IFM) chief executive Brett Himbury has urged Australian investment managers to take advantage of the huge opportunity of taking their expertise overseas. Addressing delegates at the annual Financial Standard Sales & Marketing ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

Infrastructure offers income low correlation to other assets

MARK SMITH  |  FRIDAY, 10 MAY 2013
Investments in infrastructure assets give diversification benefits to income portfolios with less volatility and lower correlation to the equity market, according to Omega Global Investors managing director George Vassos. Vassos explained that a institutional ...

First Super to take action over JPM governance concerns

MARK SMITH  |  FRIDAY, 10 MAY 2013
Australian superannuation fund First Super has expressed strong concerns at 'on-going governance issues' at JP Morgan and has resolved to take action at the annual general meeting. The $1.7 billion industry fund said it would contact its international ...