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Showing 2481 - 2490 of 6679 results for "Sale"

The case for internal investment teams

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
Superannuation funds with more than £10 billion ($17 billion) in assets under management should seriously consider implementing an internal investment management strategy, a leading UK pension expert says. In an interview with Financial Standard, Universities ...

ANZ sells off retail Vietnam business

ALEX BURKE  |  MONDAY, 24 APR 2017
... million in lending assets and $800 million in deposits. ANZ group executive, international Farhan Faruqui explained: "The sale of our retail business is in line with our strategy to simplify the bank and improve capital efficiency. It allows us to focus ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
The Sedgwick Review failed to address some of the "unconscionable" remuneration practices undertaken by banks to cross-sell superannuation products and nothing is being done to curb this, Industry Super Australia says. In response to the independent ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

China's off to a good 2017 start

BENJAMIN ONG  |  WEDNESDAY, 19 APR 2017
Li starts to get what he likes... and then some. Chinese prime minister Li Keqiang's 6.5% growth target for this year is tracking well (surprise, surprise) - with a buffer to boot - as China's economy growth accelerated in the first three months of ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
... said. She also said that the traditional concept of a sovereign wealth fund being a well-established investor funded by the sale of hydrocarbons, with assets in the tens or hundreds of billions, is no longer adequate. "Increasingly, states view sovereign ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...

BlackRock's Fink commends Aussie infrastructure

JAMIE WILLIAMSON  |  TUESDAY, 11 APR 2017
BlackRock chairman and chief executive Larry Fink has praised Australia's use of private capital in funding infrastructure, and said the US needs to catch up. In his annual letter to shareholders, Fink said the United States trails behind countries ...

Vanguard appoints three distribution heads

ALEX BURKE  |  MONDAY, 10 APR 2017
Vanguard internally appointed three new heads of its distribution team. Matt Willis has become head of institutional, having previously been national sales manager - adviser, regional sales manager - northern, and business development manager. Rebecca ...

Infratil sells $237m aged care stake to investment bank

ALEX BURKE  |  FRIDAY, 7 APR 2017
... Metlifecare, sold to New Zealand-based investment bank Forsyth Barr for $5.61 per share, will settle on April 11. Until the sale, Infratil said the investment in Metlifecare "resulted in an annualised return of 15.5% since the original acquisition on ...