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Showing 3031 - 3040 of 5919 results for "March 24"

ASIC puts an end to PIS monitoring program

LAURA MILLAN  |  TUESDAY, 29 JUL 2014
The adviser monitoring program for Professional Investment Services (PIS) has concluded with the Australian Securities and Investments Commission (ASIC) reporting "a significant improvement in its compliance and audit functions." The Centrepoint-owned ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
Funds allocated to index strategies grew 28% in the 12 months to end of March 2014, taking the total proportion of the funds management market it represents to a record high of 19%, new data from Rainmaker Information reveals. The rise is the fastest ...

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
The times, they are a-changin'. We've come a long, long way Virginia. Yes, us, Australians all... for the times, they have a-changed. Not so long ago, many were concern over Australian bank's vulnerability to rising interest rates because of their reliance ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Unlisted property fund managers who fail to adequately disclose risks are placing investors in a vulnerable position according to the Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
It's so stupid, it's become not funny anymore. Talks about easing geo-political risk causing investors to go back into risk assets overnight -- the same way increased geo-political risk sent them away the night before. Geo-political risk down, Wall ...

Henderson launches second fund to local market

MARK SMITH  |  TUESDAY, 22 JUL 2014
Henderson Global Investors Australia has launched its second flagship fund, the Henderson Global Fixed Interest Total Return Fund. It follows the launch of the Henderson Global Equity Fund in November 2013. The new fund is managed by Henderson Global ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
Headlines upon headlines remains littered with MH17 and what happens next as the international community vents its anger on Russia. 'twas these headlines that reportedly downed Wall Street overnight. But we surely know what comes after the dip, 'eh ...

Group risk sales jump by 88.3% in a year

LAURA MILLAN  |  MONDAY, 21 JUL 2014
Group risk sales experienced a jump of 88.3% in the twelve months to March 2014, the latest Plan for Life insurance risk market inflows report shows. Overall annual risk sales were up by 25.7%, with MetLife leading the pack and reporting a sales increase ...

US manager appoints Breakwater to bring funds to Australia

MARK SMITH  |  MONDAY, 21 JUL 2014
US-based investment firm Voya Investment Management is entering the Australian institutional market via a distribution partnership with local marketing and advisory firm Breakwater Advisory. Voya IM, formerly known as ING U.S. Investment Management ...

HIP Super's Ross Bernays launches new business

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
Former Health Industry Plan (HIP) Super chief executive Ross Bernays has re-entered the financial services industry with the launch of a new business. The business, called Investment and Financial Services Logistics, aims to facilitate "the promotion ...