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Showing 2841 - 2850 of 8182 results for "Institutional"

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO. The completion of an AMP portfolio review led to the divestments. ...

Two new ETFs on the block

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... fund managers with the ability to invest in China A-shares directly, through the RQFII (Renminbi Qualified Foreign Institutional Investor) licence. "CNEW is an Australian ETF industry first and with one trade on ASX, investors can access companies driving ...

Private equity will become bigger than hedge funds: Research

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... the long-term outperformance of private capital compared to public markets, growing appetite for alternatives from institutional and private investors, and strong growth in emerging markets," the report said. Preqin chief executive Mark O'Hare said ...

Chatbots will move from consumer finance to corporate: BAML

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Bank of America Merrill Lynch believes chatbot technologies could have applications in the wholesale and corporate side of banking as customers demand better ways to interact. Speaking at a SIBOS session in Sydney, Bank of America Merrill Lynch treasury ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Oaktree Capital Management cofounder Howard Marks says the current bull market is in a late stage but it could still go "up, sideways or down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The BGH Capital-AustralianSuper consortium has made another bid to acquire Healthscope, five months after the company rejected its previous bid. BGH-AustralianSuper is offering to pay $2.36 per share for the private hospital owner-operator. This offer ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Perpetual's corporate trust business has launched a data analytics platform for banks and investors to analyse portfolio performance against Australia's $200 billion mortgage market. The Perpetual Business Intelligence Platform includes a newly-launched ...

IFM Investors expands to Switzerland

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... pension funds in both public and corporate sectors. Chief executive Brett Himbury said the Swiss office shows the institutional fund manager's commitment to what is one of the largest existing investor markets in Europe. "We recognise the importance ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ...

Post Royal Commission change is all talk: Shipton

JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
Despite the revelations of the Royal Commission, ASIC is still experiencing deliberate delays from financial institutions in meeting reporting requirements. On Friday, ASIC chair James Shipton told the Parliamentary Joint Committee on Corporations and ...