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Showing 2991 - 3000 of 7101 results for "June 2011"

Masterfunds grow despite underperformance of platforms

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
The overall masterfund market grew by $21.4 billion over the last financial year, according to data from Strategic Insight. The research house, formerly known as Plan for Life, has released its annual analysis of wrap, platform and master trust managed ...

YBR selling off accounting business

ALEX BURKE  |  MONDAY, 26 SEP 2016
Yellow Brick Road has entered into an agreement to sell its accounting business and legal practice. Under the agreement, DBR Advisory will acquire YBR's accounting business and related assets, including goodwill, plan and equipment, client information ...

J.P. Morgan overtakes NAS in AUC

KERRIE SYDEE  |  MONDAY, 26 SEP 2016
J.P. Morgan has overtaken NAB Asset Servicing (NAS) as the largest overall provider in the custody market, following further declines in assets under custody (AUC) for NAS. The figures published by the Australian Custodial Services Association (ACSA) ...

Risk inflows reflect boost in market

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
Strategic Insight, formerly known as Plan for Life, has released its report on individual and group risk premium inflows for last financial year, showing an overall boost in the market. Total risk market inflows grew 5.5%, increasing from $14.9 billion ...

Templeton director returns to the fold

ALEX BURKE  |  THURSDAY, 22 SEP 2016
A Templeton Global Growth Fund director has returned from a leave of absence. Michael J. O'Brien initially requested six months' leave from the board due to "short-term pressure of other commitments," but has returned as a non-executive director. This ...

NZ Super Fund posts decent full-year return

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
The NZ Super Fund returned 1.89% (after costs, before NZ tax) in the year to 30 June 2016. Performance was hampered by negative returns in global equities but the investment committee was still able to add value versus the passive reference portfolio ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2016
Australian residential property prices Figures released by the Australian Bureau of Statistics showed residential property prices in the country's eight capital cities rebounded by 2.0% in the June quarter. Although this is less than market expectations ...

CFS sets focus on financial literacy with Wealth IQ

KERRIE SYDEE  |  MONDAY, 19 SEP 2016
Colonial First State (CFS) has launched a digital tool to assist financial advisers in increasing the financial literacy of their clients. Wealth IQ was designed to help advisers explain complex financial planning and investment concepts to their clients ...

AB fund receives rating upgrade

KERRIE SYDEE  |  MONDAY, 19 SEP 2016
Lonsec has upgraded AllianceBernstein's (AB) Dynamic Global Fixed Income Fund to "Recommended". Launched in 2014, the fund is designed for investors with higher risk tolerances who want to achieve income returns exceeding those of bank bill rates. To ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
Australia lending finance Data from the Australian Bureau of Statistics (ABS) showed a sharp 9.0% increase in the total value commercial finance commitments in July, more than reversing the 8.2% drop in the previous month. The increase was driven by ...