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Capgemini appoints new Australian head

KANIKA SOOD  |  TUESDAY, 29 MAY 2018
... entertainment. The appointment comes at a time when the digital consulting firm sees APAC as its fastest growing area and a "top priority" for the group, according to Capgemini executive chairman Asia Pacific and Middle East Luc-Francois Salvador. "Olaf ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... Conviction Fund, which held $9 million at April end, will invest in a concentrated portfolio of about 25 Australian securities. Top performance contributors in April included NZ building products company Fletcher Building. The open-ended, trust structure ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... don't heed the 12-month amnesty window, the Government is promising to hit back with higher penalties, to the tune of 50% on top of the SG charge they owe. The amnesty period also won't stop Australian Taxation Office (ATO) from going after employers ...

Industry fund welcomes local politician to board

JAMIE WILLIAMSON  |  TUESDAY, 22 MAY 2018
... served on the board since March 2013 and is also a former director of Australian Christian Super. Blicavs is chair of the Top Blokes Foundation, is on the board of the NSW State Archives and serves as chief executive of the Association of Consulting ...

Blue Sky short seller launches new fund

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... and even asked ASIC to step in. Eventually, it revised its fee-earning AUM, copped rating downgrades and bid farewell to its top brass of executives. At the time, Aandahl was the director of research at Glaucus Research Group and the chief investment ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... digital capabilities." Australia has more than 1.2 million adults with wealth of $1.3 million or more, ranking it among the top 10 countries globally for HNW individuals. The segment swelled 7.4% or by 80,000 adults since 2011. Many advisers will be ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
Superannuation funds could top up lifecycle members' end savings by about 30%, if they make a "mid-step" switch to defensive equities instead of gradually increasing allocations to bonds, according to new analysis from Parametric. Parametric's latest ...

Industry fund awards emerging markets mandate

DARREN SNYDER  |  WEDNESDAY, 16 MAY 2018
... crosses many of the boundaries implied by various pre-defined investment styles, Nutt said. He believes there's two issues top of mind in emerging markets. "One is related to this growth, momentum market that the global markets have been in," Nutt said. ...

Only 17pct of Aussie families seek advice: St.George

HARRISON WORLEY  |  TUESDAY, 15 MAY 2018
... decisions, families may be able to budget better and improve on their savings strategy." Additionally, the research found the top financial secret for mothers were large debts, while for fathers secret bank accounts topped the list. The bank also said ...

NSW Treasury appoints productivity commissioner

DARREN SNYDER  |  MONDAY, 14 MAY 2018
A former ATO deputy commissioner and the current chair of Sydney Financial Forum has been appointed a top role at New South Wales Treasury. Joining the NSW Government as its first productivity commissioner is Peter Achterstraat. His mandate is to "bust ...