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Showing 2581 - 2590 of 4932 results for "MIS"

Contango swaps investment managers following AGM

ALEX BURKE  |  TUESDAY, 28 NOV 2017
The majority of Contango Microcap (CTN) shareholders approved the proposal to remove Contango Asset Management (CGA) as the firm's investment manager at the annual general meeting today. The new investment manager for CTN will be NAOS Asset Management. ...

Former Moneywise duo launch advice firm

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
Two former Moneywise executives have launched a new financial advice business with a focus on authenticity and a mission statement to make advice easier to understand for those who need it. Licensed through Charter Financial Planning, former Moneywise ...

The Fed's aware of building imbalances

BENJAMIN ONG  |  TUESDAY, 28 NOV 2017
Watching Wall Street break one record high after another make it very tempting to join the herd or raise allocation of US equities in portfolios. There's the fear of missing out (FOMO) and then there's the shorts that, time and again in the current ...

Sydney licensee caught out on conflicts

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2017
ASIC accepted an enforceable undertaking from a Sydney investment banking, stockbroking and research firm following an investigation into conflicts of interest. In July 2015 Foster Stockbroking was the sole lead manager for the initial public offering ...

Lapse rates review anxiety unfounded: ASIC

KARREN VERGARA  |  MONDAY, 27 NOV 2017
Anxiety around ASIC's life insurance policy lapse rates review among financial advisers is "misplaced" as only the most serious misconduct would result in severe penalties, a senior official said. ASIC senior executive leader of the financial advisers ...

Fintech is not a threat: FPA

KARREN VERGARA  |  THURSDAY, 23 NOV 2017
Financial planners overlooking fintech are missing out on benefits that can ultimately lead to higher client engagement and satisfaction levels, latest research from the Financial Planning Association of Australia shows. Released at the 2017 FPA Professionals ...

SSGA dismisses ETF bubble concerns

ALEX BURKE  |  WEDNESDAY, 22 NOV 2017
State Street Global Advisors US head of capital markets David LaValle believes the concerns regarding ETFs causing valuation distortions in equity markets are founded in some fundamental misunderstandings about these investment vehicles. Speaking as ...

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
The Hong Kong branch of HSBC's private banking division was fined a record HK$400 million (AU$67 million) for material systemic failures in the lead up to the GFC. Hong Kong's Securities and Futures Appeals Tribunal upheld the Securities and Futures ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
It's 21 days before the US Federal Reserve proclaims to the world that the fed funds rate is 25 basis points higher to 1.5%. Gauging from the CME FedWatch Tool, this is 91.5% certain. I don't think anybody can quibble with this. But one striking point ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...