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Showing 3041 - 3050 of 10303 results for "STI"

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Northern Trust's Australian business is gauging if exchange traded products could help grow its nascent asset management business in Australia, says country executive Angelo Calvitto. "It is something that we are looking at as part of our broader ...

Global manager launches European infrastructure fund

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
A $222 billion global asset manager will launch a third diversified European infrastructure fund. First Sentier Investors - formerly known as Colonial First State Global Asset Management - will launch its third European Diversified Infrastructure Fund ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
Morningstar research has revealed Australia is one of the most investor friendly nations in the world when it comes to fees and expenses. However, consumers may be getting the short end of the stick when it comes to fees and charges. The Global Investor ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
A former Challenger executive joined Equity Trustees' superannuation board. Equity Trustees appointed Paul Rogan as an independent director of its superannuation board (ETSL) as the firm continues its moves to "raise the standard" in securing members' ...

AllianceBernstein wins industry fund mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
An $11 billion industry fund will become the first super fund to invest in a low-carbon portfolio designed by AllianceBernstein. NGS Super has invested $170 million in AllianceBernstein's Managed Volatility Equities Fund Green strategy, known as ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
The Financial Services Council echoed the advice of Commissioner Kenneth Hayne in its call for a "significant" simplification of the regulatory system for tax and financial advisers. In a submission to the independent review of the Tax Practitioner's ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
Financial Standard already said its piece several days before the European Central Bank's (ECB) September 12 meeting, concluding that: "Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate ...