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Showing 2991 - 3000 of 8182 results for "Institutional"

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
As the Royal Commission superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say. Hardly a surprise given the #BankingRC > "...The banking, finance and insurance sector now has the lowest Ethics ...

Industry fund contract under works at Link

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
Link is in advanced stages of negotiating a contract with an industry fund, the administrator said in its FY18 earnings report. It remains in advanced stages of negotiating a long-term contract with Rest, the company said. The Rest contract has been ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... tobacco from customised segregated accounts. All investors in Vontobel's $298 million global equity fund are institutional investors. The manager did not confirm when the divestment would be completed.

APRA banned one person in 10 years: Royal Commission

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
The Royal Commission heard Australia's prudential regulator has banned one person for not being fit and proper since 2008 - after the law changed requiring APRA take the matter to court. Under examination from counsel assisting Michael Hodge, APRA deputy ...

T. Rowe Price names new APAC distribution head

JAMIE WILLIAMSON  |  FRIDAY, 17 AUG 2018
... Asia Pacific distribution business following the promotion of Scott Keller. Currently head of the Asia ex Japan institutional business, Nick Trueman has been appointed head of Global Investment Management Service, APAC. He will commence in the role on ...

AMP incorrectly charged more than $26 million: Royal Commission

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
The Royal Commission heard AMP incorrectly charged superannuation members more than $26 million in fees. AMP found itself in the witness box on Day 48 of the Royal Commission; with AMP Super chair Rick Allert answering questions in the morning session ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... offering two new sustainable infrastructure strategies with a combined capacity of about $1.7 billion to Australian institutional investors as it builds out its APAC presence. SUSI Partners currently has about $1.4 billion in assets under management ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Colonial First State's messy MySuper transition came under the Royal Commission's lens on Tuesday. Taking the witness box, Colonial First State executive general manager Linda Elkins told the Commission CFS initially failed to transition 13,000 members ...

GBST Australian revenues dip, UK picks up

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
The 34-year-old fintech's Australian business revenues fell last financial year, just as its UK business delivered strong earnings growth. GBST is a provider of administration for wealth management, capital market and retail broking businesses. Its ...