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Showing 231 - 240 of 1907 results for Laura Millan

Henderson reveals costs of Australian acquisitions

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
Henderson Global Investors has revealed the initial costs of acquiring 90 West and two Perennial businesses in Australia. The manager's half year report shows that the total cost of acquiring the remaining 58.6% stake in 90 West was $12.2 million. Henderson ...

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
A Queensland advice group has seen its Australian financial services licence questioned by the Australian Securities and Investments Commission (ASIC). The regulator has imposed new licence conditions on Sentinel Private Wealth following concerns over ...

Magellan launches hedged global equities fund

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
Magellan Financial Group has listed a currency hedged version of its Global Equities Fund, which has grown to over $257 million in five months. The Magellan Global Equities Fund (Currency Hedged) is set to start trading on the Australian Securities ...

Fee error forces Ausbil to pay $18m

LAURA MILLAN  |  WEDNESDAY, 5 AUG 2015
Ausbil Investment Management overcharged fees of approximately $18 million to investors over the last ten years. Ausbil will have to remediate the fee error to affected investors and has appointed KPMG as an independent advisor to review the compensation ...

Industry fears the Uber of finance

LAURA MILLAN  |  MONDAY, 3 AUG 2015
Financial services stakeholders fear that it is only a matter of time before technology companies take over the sector, just like Uber has bypassed the taxi industry, a BNP Paribas report showed. In the '2025: The Future of Wholesale Banking - And What ...

Obsession with stability is killing returns

LAURA MILLAN  |  MONDAY, 3 AUG 2015
An obsession with stability is moving investors away from all kinds of opportunities; from healthcare and IT mega caps to tobacco, fracking or coal, according to Ariel Investments chief investment officer of international and global equities Rupal J. ...

China FTA gives Australia "first mover advantage"

LAURA MILLAN  |  MONDAY, 3 AUG 2015
The China Australia Free Trade Agreement (FTA) will give Australian financial services companies a competitive edge that their peers in the United States or Japan don't have. Speaking in front of the Parliamentary Joint Standing Committee on Treaties ...

TCorp chief executive resigns

LAURA MILLAN  |  FRIDAY, 31 JUL 2015
NSW Treasury Corporation (TCorp) chief executive Steven Knight has stepped down from his role weeks after it amalgamated its funds management activities with State Super. Knight confirmed to Financial Standard that he is retiring from his executive ...

AustralianSuper builds in-house global equities team

LAURA MILLAN  |  FRIDAY, 31 JUL 2015
AustralianSuper has already hired four people to its internal global equities team and is on track to manage over $10 billion in international stocks in-house. Australia's largest industry super fund has appointed Richard Ginty to lead the global equities ...

UBS adds three execs to asset management team

LAURA MILLAN  |  FRIDAY, 31 JUL 2015
UBS has appointed a director of product development, a director of institutional business development and a marketing manager to its global asset management team in Australia. Vasco Gil joins UBS from Russell Investments, where he was product manager. ...