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

Search Results

Showing 2971 - 2980 of 7439 results for "MAI"

Super funds and weapons of mass destruction

ALEX BURKE  |  FRIDAY, 8 SEP 2017
Warren Buffett may have called derivatives "financial weapons of mass destruction" but an increasing number of super funds are using them as a cost-saving measure. Milliman head of fund advisory services Michael Armitage told delegates at the Australian ...

MainstreamBPO given green light for offshore acquisition

ALEX BURKE  |  MONDAY, 4 SEP 2017
MainstreamBPO has received regulatory approvals from the Central Bank of Ireland and the Cayman Investment Monetary Authority to acquire an international fund administrator for US$5 million. As previously flagged in May, MainstreamBPO entered into a ...

Adviser education renews ethics focus

KARREN VERGARA  |  MONDAY, 4 SEP 2017
Financial advisers will see a raft of new courses around ethics and integrity as these issues come to the fore ahead of the code of ethics to be introduced from the industry's new regulatory body. Ramping up efforts in ethics education is a bold move ...

Beware creative debt packaging: Robeco

KARREN VERGARA  |  FRIDAY, 1 SEP 2017
In this low volatility environment, it's important not to fall into the trap of chasing yields and creatively packaging debt again - reminiscent of the lead up to the Global Financial Crisis, a fixed income expert says. Robeco Singapore fixed income ...

ASIC sets sights on IPO investment

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
Hard to read, complex and misleading prospectuses could soon be a thing of the past following an industry regulator review of the IPO market. An ASIC report looked at the experience of institutional and retail investors in making decisions, and outlined ...

IRESS announces senior leadership restructure

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
A sweep of global leadership changes at IRESS will see the departure of its Sydney-based global head of financial markets and its chief operating officer. As part of a global strategy to drive continued growth and ensure alignment to its long-term goals ...

Robo-adviser scores investment banking partnership

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
A provider of digital advice has secured a partnership to roll out its flagship service to an Australian investment bank. Ignition Wealth will now provide digital advice to clients of APP Securities, the brokerage and investment banking firm formed ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

Prime establishes new business division

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Recently hitting $1 billion in funds under management, wealth and accounting firm Prime Financial Group has established a capital division to provide corporate advisory, transaction, restructuring and capital raising services. Prime said the new division ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
APRA's inquiry into the Commonwealth Bank reinforces an urgent need for a banking Royal Commission, according to Labor and the Finance Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts ...