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Showing 3101 - 3110 of 5260 results for "SCA"

Merger creates active management behemoth

ALEX BURKE  |  TUESDAY, 7 MAR 2017
The recommended all-share merger of two international active investment managers will create an entity worth more than $1 trillion in assets. Standard Life and Aberdeen Asset Management have agreed to the terms of the merger, whereby Aberdeen and Standard ...

Former QBE chief joins NSW insurance fund

ALEX BURKE  |  TUESDAY, 7 MAR 2017
The former chief executive of QBE in Australia and New Zealand will take on a senior role at icare, the NSW workers' compensation fund which was rebranded following the merging of its investment functions with TCorp. Tim Plant joins icare as group executive ...

Implemented Portfolios launches bespoke IMA offering

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
Implemented Portfolios created a white label individually managed account solution for clients of a $350 million Hobart-based financial planning firm. The managed accounts provider has designed a bespoke solution for integrated accounting and self-licensed ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
Sure there were a few down days but overall, the US equity market - like the energizer bunny - keeps on going and going... up. Wall Street's major equity market indices closed at record highs - the Dow at 21,115.55 points; the S&P 500 at 2395.96 points ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
Some of the financial services industry's biggest players fronted the Parliamentary Joint Committee inquiry into life insurance on Friday. Financial Services Council chief executive Sally Loane faced the panel first, telling the Committee that any further ...

YBR partnership drives wealth renewal

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2017
In transforming its wealth division Yellow Brick Road will work with an industry software provider to benefit its network of franchisee owners. YBR will roll out Rubik's scaled advice software Provisio to its franchisees, enabling them to write 80% ...

Bravura continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Bravura Solutions recorded a 10% increase in wealth management revenue in the half-year to December 31 2016. The software provider's Sonata solution now accounts for 72.6% of total wealth management revenue, resulting in a 19.5% increase year on year ...

Hostplus commits further to Australian VC

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Hostplus has now invested more than $350 million in Australian venture capital initiatives, having made a significant investment in a seed-stage VC firm recently. Hostplus invested $85 million in Artesian, which provides a pre-screened funnel for more ...

Link partners with fintech hub

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2017
Increasing its accessibility to financial technology, Link Group is entering a partnership with one of the largest fintech innovation labs in Asia Pacific. Through a corporate partnership with Stone and Chalk, Link will help startups with high growth ...

Cbus names new portfolio manager

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
Industry superannuation fund Cbus is continuing to expand its in-house investment capability with the appointment of Anthony Seabrook. Seabrook, a former fund manager at the family office Portland House, will join Cbus as senior portfolio manager in ...