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Showing 3151 - 3160 of 4897 results for "Alex"

IRESS launches cloud-based trading platform

ALEX BURKE  |  THURSDAY, 12 MAR 2015
IRESS has launched SmartHub, a cloud-based financial transaction messaging platform. SmartHub is designed to offer a low-latency, globally-implemented online service which reduces trade messaging back-office compatibility burdens. It supports "multiple" ...

Australia's coming $32bn SIB sector

ALEX DUNNIN  |  THURSDAY, 12 MAR 2015
When Patrick McClure AO released his report into the review of Australia's $150 billion welfare system in February, one important aspect that seems to have escaped the gaze of commentators was its advocacy of social impact bonds (SIB). SIBs, also sometimes ...

IFM acquires US$5.7 billion highway

ALEX BURKE  |  THURSDAY, 12 MAR 2015
IFM Investors has acquired 100% of the Indiana Toll Road Concession Company (ITRCC), which operates the Indiana Toll Road (ITR), for US$5.7 billion. The ITR spans northern Indiana to the Illinois state line and runs for 253 km. It connects highways ...

BNP becomes First Super custodian

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Industry fund First Super has appointed BNP Paribas Securities Services as custodian, replacing NAB Asset Servicing. The $2 billion fund chose BNP because of its "suite of reporting, risk management and analytics [which will] enable the trust to meet ...

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Sales culture in the life insurance industry is undermining standards of good practice, according to APRA deputy chair Ian Laughlin. Speaking at the Actuaries Institute's Insights Session on 3 March, Laughlin said that the industry's focus on "sales ...

ASIC bans Charterhill director from financial services

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Charterhill Group founder and director George Nowak has been banned by ASIC from practicing financial services until 3 July 2017. The grounds for the ban are that Nowak is an undischarged bankrupt, having applied for personal bankruptcy in July 2014. ...

Vanguard restructures international management team

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Vanguard has moved two senior management roles, based in Australia and the US, to its international group. Vanguard Australia managing director John James will become managing director of Vanguard Europe, while Vanguard retail marketing and communications ...

Advisers see regulated robo-advice opportunity

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Two-thirds (68%) of financial advisers see automated advice software as an "opportunity", according to a Midwinter survey. Midwinter managing director Julian Plummer argued that the survey - which tracked the responses of 288 financial advisers - indicates ...

New HNWIs demand unbundled services

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Australia minted nearly 45,000 new millionaires in 2014 but only a handful of them are seeking financial advice, according to Investment Trends' High Net Worth (HNW) Investor Report. Based on a survey of 3,115 Australian millionaires - holding a collective ...

Demand for ethical investments soars

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Ethically-screened FUM monitored by the Ethical Advisers' Co-operative has increased by 18% in the past 12 months to $910 million. Labelling itself "Australia's First Adviser Co-Operative", the EAC is a collection of financial planning firms focused ...