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Showing 261 - 270 of 1043 results for "Mutual"

AMP swears it will change

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... organisational culture, we intend to provide foundational support for Francesco's number one priority - to create a culture built on mutual trust and respect, which in turn drives high performance." Meanwhile, at the House of Representatives Standing ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
AZ NGA has acquired a wealth management firm in Melbourne as it signals plans to expand in Victoria. AZ NGA made a strategic investment in Matthews Steer Accountants and Advisors, a firm established in 1990 with six partners and 50 staff. "In Melbourne's ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
... for risk, as the former is faring better against the market swings, the investment bank found. The median female-managed mutual fund has lagged its benchmark by only 60bps on a year-to-date basis, while funds without female representation have underperformed ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... managed investment schemes freeze redemptions for fear of undermining their fund. As at June, at least US$62 billion of mutual funds across the globe had suspended redemptions since the beginning of the year, according to Fitch Ratings. In response ...

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
New research, commissioned by PPS Mutual, found that front loaded discount policies draw in clients with lower premiums in the first year but have higher premiums from the third year onwards, leading to financial advisers copping the brunt of lapses. ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... Capital first-half dividend. AMP Capital and MUTB will continue to cooperate strategically and continue to benefit from the mutual business relationship, AMP said. Additionally, the AMP Life sale has been completed which the wealth manager said has simplified ...

First Sentier bolsters board of directors

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... First State Investments in the UK. He previously spent 25 years at Fidelity, working as chief executive of the firm's UK mutual fund business, and subsequently FundsNetwork, from 1999 until his retirement from Fidelity in 2008. He is currently a board ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
... disrupting the status quo. The agreement will begin in January 2021 on a three-year term, with an option to extend upon mutual agreement. Since first partnering three years ago, the two fintechs have made significant market gains, they said. As of June ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... six to eight weeks, with the management shifting to Barrow Hanley in September. It is understood that Laurence left by mutual agreement, as Perpetual looked to cut costs by offloading the management to Barrow Hanley. He is expected to work until August ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...