Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2731 - 2740 of 8182 results for "Institutional"

AFCA receives 500 super complaints in first month

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
Australia's superannuation industry copped more than 500 complaints to the Australian Financial Complaints Authority in the body's first month of operation. AFCA busily began its life last month, with more than 6000 complaints lodged in its first 30 ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
Investment managers and financial advisers were among the leading sectors responsible for funding ASIC last financial year. Publishing its regulatory costs for FY17-18, ASIC issued a bill worth more than $28 million on the financial advice sector as ...

Industry fund finds new advice tech partner

JAMIE WILLIAMSON  |  THURSDAY, 6 DEC 2018
... the important things in business like being in front of members and clients," Southwood said. Midwinter head of institutional growth Salvador Saiz said he is delighted with the new partnership. "Midwinter has worked closely with the BUSSQ and Skylight ...

IFM Investors chair lays out priorities

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
The $113 billion manager will look towards congested cities to deploy future capital but nothing as big as its Westconnex investment is on the horizon, newly-appointed chair Greg Combet said in a media call today. The former Labor federal minister took ...

Bank chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Bank of Queensland chief executive and managing director Jon Sutton stepped down with the bank now scouting for a replacement. Sutton resigned after three years on the job to focus on his long-term health following a heart operation earlier this year ...

Emerging markets must be long-term bet

DARREN SNYDER  |  WEDNESDAY, 5 DEC 2018
... downturn, emerging markets would not necessarily outperform." This is where an element of market timing can creep in for institutional investors, Bilton said. The asset manager's tactical framework (separate to the LTCMA) is more cautious about these ...

Nikko Asset Management awards global equities mandate

KARREN VERGARA  |  WEDNESDAY, 5 DEC 2018
... pride in providing best-in-class solutions to our clients and believe that Royal London will be a great fit in their institutional solution." Nikko recently shut down two Australian equity funds - the Nikko AM Australian Share Value Fund and Nikko AM ...

CFS retail sales lead joins global boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... totalling more than $2.7 billion in assets. Abernethy will be responsible for continuing to grow the boutique's institutional business in Australia as well as leading the development of the wholesale market. He will work closely with Pacific Current ...

Future Fund to manage new drought fund

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
The Federal Government has introduced a bill to set up a $5 billion fund for drought-related spending that will be managed by the Future Fund Board of Guardians. Minister for Finance and the Public Service Mathias Cormann said the fund will kick off ...

Global manager wins super fund mandate

KANIKA SOOD  |  MONDAY, 3 DEC 2018
A global manager has won a $200 million custom mandate in global equities from a superannuation fund. Parametric Australia has created a factor-based portfolio solution that captures the super fund's views around risks in global stock markets with a ...