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Showing 2451 - 2460 of 8182 results for "Institutional"

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
The board of a $5 billion Australian government fund, run by several former investment bankers, has been admonished for using non-official email accounts to conduct business with political and commercial sensitivities. The Auditor General said some ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
The Australian Institute of Superannuation Trustees has slammed ASIC's move to defer consumer disclosure requirements for choice superannuation products for up to four years. Currently, superannuation funds with more than five members must disclose ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
New legislation has put an end to trustees incentivising employers to appoint them as their default superannuation fund. Part of the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019 bans ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
Despite moving in the opposite direction for some time, Australia's banks want to leave the door ajar for a return to the much maligned vertical integration model. As the Senate Standing Committees on Economics probe a Pauline Hanson bill looking to ...

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
The Actuaries Institute says social condition is as important as financial condition to the success and sustainability of an institution, but Australia's financial institutions are failing to measure this. The Hayne Royal Commission excoriated many ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ...

Crestone builds investment team

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... allows Crestone to meet the growing expectations of our high net worth clients, who are increasingly demanding an institutional investor level of service and quality."

eInvest to grow active ETFs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... flexibility and transparency of independent professionally managed strategies that would otherwise be available to institutional investors." It follows the firm's launch of an Income Generator Fund last year, which Perennial founder John Murray said ...

Principal appoints insto sales director

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
The former head of Fidelity's institutional business in Australia has joined Principal Global Investors. Warwick Boys will join Principal as director of institutional sales for Australia. Boys led Fidelity's institutional sales team for four years and ...