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Showing 3041 - 3050 of 8182 results for "Institutional"

Aussie instos buy ex-US value story

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... its recent success to value stocks in about every other region than the US. In Australia recently to meet with his institutional client base, Causeway Capital chief investment officer Harry Hartford said value is a style out of favour in the US. It's ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
The Financial Services Council is launching a multi-million-dollar data project that will aggregate and distribute life insurance industry data. FSC chief executive Sally Loane announced the project's delivery in Melbourne today, the culmination ...

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
Big banking groups are taking an average of 1500 days to internally identify breaches in conduct, ASIC chair James Shipton said in his address at the FSC Summit in Melbourne today. And this is only the first step in the reporting the breach to ASIC ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Shadow Treasurer Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at ...

Vanguard shutters Singapore office

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Vanguard is closing its Singapore office following a global strategic review. The $6.8 trillion manager is consolidating its Singapore operations and client activities in Hong Kong, which it expects will be completed by the end of this year. "As part ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
... motivations why individuals set up SMSFs. The Productivity Commission noted that SMSFs are broadly competitive with institutional funds in terms of net returns, and have tracked the long-term investment performance of the APRA-regulated segment on average. ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Custodians are defying a myth the $3.5 trillion industry hasn't kept pace with technology to address operational efficiencies and system-related issues. For many, robotics is already taking over several manual processes. According to the Australian ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
The superannuation industry should brace itself for fewer legacy arrangements, fewer accounts, and greater demand for needs-based insurance. This was a key message from PwC asset and wealth management leader Craig Cummins as he opened the Financial ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... Metrics Credit Partners, a non-bank lender, has $2.5 billion in funds under management. Of this, $1.7 billion is from institutional investors, $730 million from its LIC and $60 million from unlisted retail. Pinnacle Investment Management (PNI) managing ...