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Showing 3061 - 3070 of 7440 results for "MAI"

Fees at the innovation frontline

ALEX BURKE  |  MONDAY, 29 MAY 2017
After a round of fee cuts at Vanguard, Platinum Asset Management and K2 Asset Management, it's clear headline fees are currently front-and-centre in funds management - and research argues there may be different ways to tackle the issue. The latest paper ...

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
"Frankly my dear, I don't give a damn." This is one of the immortal quotes from the 1939 classic movie, "Gone With the Wind" and, it appears, the same words China's financial markets gave to Moody's Investors Service when it downgraded China's long-term ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
The S&P 500 index notched another fresh record high overnight - up by 0.3% to 2,404.39 points - and the VIX index dropped to a reading of 10.02 - the market has never been this fearless in more than 23 years (January 1994 when the index read 9.94) - ...

Retail super fund members increasingly satisfied

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
Superannuation fund members with balances less than $100,000 are showing greater customer satisfaction levels among retail funds as opposed to industry fund competitors. Data from the Roy Morgan Single Source survey shows that from more than 30,000 ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
Life insurance companies reported a 146% boost in revenue, but failed to improve bottom line performance in the 12 months to March, according the latest APRA performance statistics. Life insurers' total revenue of $37.9 billion was driven mainly by ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

New national manager for IOOF Alliances

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2017
A former senior manager at Zurich and SuiteBox Solutions is now the national manager of IOOF's Alliances business. Most recently the regional sales manager Asia Pacific for SuiteBox, Andy Marshall is now tasked with leading and growing the IOOF Alliances ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...

GSFM hires Macquarie exec

ALEX BURKE  |  FRIDAY, 19 MAY 2017
Grant Samuel Funds Management has appointed a new compliance officer. Stuart Osborne joins GSFM from Macquarie, where he held multiple positions since 2002, including compliance and op risk executive, credit analyst, operational risk manager, and associate ...

Trustee Partners crosses the ditch

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
Trustee Partners made its first overseas investment, acquiring a New Zealand fiduciary services firm with an offer too strong to ignore. A dominant fiduciary services business in the New Zealand market, Complectus, was bought by Trustee Partners in ...