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Showing 261 - 270 of 1087 results for "BEAR"

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ...

Antares portfolio manager departs

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... his lack of experience managing a short book fundamentally changes the investment proposition and is a risk too large to bear. Similarly, Hamilton doesn't have a demonstrable track record managing a portfolio of this type," Miles said. "The team may ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... Everactive raised $30 million in a recent funding round, of which Future Fund was the lead investor. Other investors include Blue Bear Capital, ABB Technology Ventures, New Enterprise Associates (NEA) and Osage University Partners. The company produces ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
The corporate regulator's wealth management investigations increased 129% in the year to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
A Melbourne wealth firm run by a former NAB Private Wealth executive has trimmed its allocations to Australian shares as it takes a bearish view on midcaps. Hamilton Wealth Management advises on about $500 million for high net worth clients. It took ...

Restructure sees wealth firm lose chief

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
The chief executive of Evans Dixon is stepping down following a management restructure. Evans Dixon is undergoing a reshuffle that will see chief executive Alan Dixon step aside. The firm said Dixon will instead focus on the management of its US Master ...

Former Link general manager joins Mercer

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... time of significant change, with a raft of regulatory and legislative changes underway including Protecting Your Super and BEAR. Now more than ever, we have a much more impactful role to play as a partner to trustees," Bloch said.

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
Crude oil prices have dropped, turning this year's bull market into a bear market. Oil prices rallied nearly 50% from January to April this year on the back of the Fed's pause; China's stimulus measures and expectations of continued easy ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
Latest research from Class shows the superannuation gap between men and women reduces over time in SMSFs yet remains significant. According to the self-managed super administrator, men have a 42% higher average balance than women when SMSFs are established. ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... their skills and experience. Given the banking Royal Commission advocated for the Banking Executive Accountability Regime (BEAR) should be extended to superannuation, APRA said it is working with the Government to implement this recommendation.