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Showing 2491 - 2500 of 4774 results for "July 8"

AMP Capital determined to keep China fund open

ALEX BURKE  |  THURSDAY, 16 JUN 2016
Following the push from activist investor LIM Advisors to wind up the AMP Capital China Growth Fund, AMP Capital has said the majority of unitholders would prefer enhancements to giving the fund the axe. Responding to the recent comments from LIM Advisors ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
US Fed monetary policy decision No one expected the Fed to alter monetary settings this month - and they didn't - primarily due to the disappointing May employment report released in early June - and it was, "Information received since the Federal Open ...

Milliman awarded industry fund mandate

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
Milliman's Managed Risk Strategy will be applied to an industry super fund's default MySuper option from 1 July in a move described as a turning point for superannuation. The $4.8 billion Maritime Super awarded Milliman the managed risk mandate that ...

ASIC issues first "best interests" duty penalty

ALEX BURKE  |  THURSDAY, 9 JUN 2016
ASIC has taken its first action against a licensee for breaching the FoFA "best interests" duty showing that the reforms have come of age. NSG Services, formerly National Sterling Group, is licensed to provide personal advice on risk insurance and superannuation ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
Australia housing finance The latest dwelling finance commitment report gave almost immediate evidence to the RBA governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards ...

FirstWrap launches cash management solution

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
Colonial First State is set to launch a new cash management solution on FirstWrap Plus Investment accounts on July 1, in a bid to make cashflow management easier for investors, SMSF trustees and advisers. Powered by CBA's Accelerator Cash Account, the ...

Hyperion taps utilities provider for talent

MARK SMITH  |  WEDNESDAY, 8 JUN 2016
Australian equities manager Hyperion Asset Management has appointed an equity dealer to its team. Justin Breen joins the firm from listed utilities company ERM Power where he was a derivatives trader on a $4 billion energy portfolio. His appointment ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
Woe is us. Australians all, let's not rejoice! The Australian equity market's reaction to the better-than-expected - heaps better - 1.1% quarterly expansion in March quarter real GDP is beginning to plant the seed of doubt in my psyche. Doubt that perhaps ...

CFSGAM makes two senior appointments

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
Colonial First State Global Asset Management (CFSGAM) has confirmed the appointment of a head of research, Australian equities core and a global head of investment specialists. Tim King has been appointed to the newly created role, reporting to head ...

Rabobank has new local chief executive

MARK SMITH  |  WEDNESDAY, 1 JUN 2016
Rabobank has appointed a new chief executive and managing director for its Australian and New Zealand business. Peter Knoblanche joins as chief executive of Rabobank Australia and managing director of the Rabobank Australia & New Zealand Group. He succeeds ...