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Showing 3071 - 3080 of 5520 results for "Class"

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...

Real assets drive AMP Capital profit boost

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
AMP Capital has recorded a 14.9% lift in underlying net profit, up $11 million for the same period last year. The investment house credited the rise to the increase in fee income over the first half of the year, with their international expansion strategy ...

Global ETPs see strong inflows

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
... $1.5 billion respectively. The report demonstrates total equity flows up to $34.1 billion, the best month for the asset class this year, due largely to US equity flows rebounding sharply to $32.0 billion in July, helped by US large cap inflows of $21.0 ...

Austock expands investment menu

MARK SMITH  |  THURSDAY, 18 AUG 2016
Austock Life has expanded its Vanguard Tax-Paid range, adding three new indexed options to its imputation bond menu. The addition of the Vanguard Diversified Conservative Index, Vanguard Diversified Growth Index and Vanguard International Shares (Unhedged) ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
ASIC has cancelled the Australian financial services licence of an international financial services firm. Marigold Falconer International had its AFSL cancelled after ASIC was not satisfied that it could obtain insurance cover for the services it was ...

ANZ partners with Mercer for retiree portfolios

ALEX BURKE  |  THURSDAY, 18 AUG 2016
ANZ Wealth has partnered with Mercer to develop new model portfolios for retirees. The portfolios will be distributed via ANZ Wealth aligned licensees and focus on diversification across asset classes. Each is based on a particular investment objective ...

UK IFAs increasingly outsourcing to DFMs

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
... model. This lesson has not been lost on a number of managers that relied too heavily on their success in just one asset class," Griffiths added.

Investors missing healthy returns amid bond fears

MARK SMITH  |  WEDNESDAY, 17 AUG 2016
... negative interest rates keeping retail investors out of bond markets isn't just overlooking the defensive role of the asset class within portfolios, it's also leaving a surprisingly healthy return on the table. That's an argument put forward by UBS Asset ...

Class ups its SMSF stake

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
ASX-listed SMSF administration software provider Class recorded 45% revenue growth during the 2016 financial year, increasing its estimated share of the SMSF market to about 19.2%. Class' net profit after tax was $5.2 million, up 53%. This would have ...

VicSuper hires distribution executive manager

KERRIE SYDEE  |  TUESDAY, 16 AUG 2016
... Joshua's experience will allow us to fully leverage our product and system innovations to create both an efficient and first class experience for current and future members," VicSuper chief executive Michael Dundon said. Parisotto will join VicSuper ...