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Showing 3211 - 3220 of 8182 results for "Institutional"

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... Watson believes that in a world of competing class actions, AMP investors now have a clear choice. "In a world where institutional investors and retail shareholders alike are grappling with how to choose between competing actions, we're taking the guesswork ...

Tech is all upside for insurance: HSBC

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
Latest HSBC research highlights insurance is an industry ready for disruption, and envisages significant benefits related to technology-enabled solutions to financial inclusion and affordability issues. In the report HSBC outlines the various ways in ...

Blue Sky director resigns

ALEX BURKE  |  MONDAY, 14 MAY 2018
... immediately. The restructure of the business will involve reviewing all business units to ensure each has scale, is institutional grade and has a competitive advantage; committing to recurring management fees exceeding fixed operating expenses in FY19 ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
The removal of exit fees and caps on passive fees charged by superannuation funds announced in this year's Budget may have unintended consequences. As per Treasurer Scott Morrison's speech, the Government will introduce a 3% annual cap on passive fees ...

Commonwealth Bank CFO resigns

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... since June 2017, when he replaced the long-serving David Craig. The bank also named current chief financial officer, institutional banking and markets Alan Docherty will act in the role until a permanent replacement is appointed. Docherty joined CBA ...

$50 billion super fund appoints new analyst

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
A top super fund that manages $50 billion on behalf of two million members has appointed a new senior analyst, after the incumbent moved to a boutique manager. Rest is welcoming Steven Green as a senior analyst, replacing the outgoing William Riggall. ...

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
ASIC and the FPA have made several recommendations to the Royal Commission, including eliminating the practice of grandfathered advice commissions. In its second round submission to the Commission, ASIC said it was concerned ongoing advice arrangements ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Pendal Group, formerly BT Investment Management, heralded a 70% boost in performance fee revenue in the six months to March 31. This represents $47.6 million in performance fees, along with an 18% boost in base management fee revenue to $247.9 million ...

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
ANZ has chosen the top executive from its wealth division to serve as the bank's deputy chief executive. It is one of two senior appointments announced yesterday. Both positions became open after ANZ's deputy chief executive Graham Hodges announced ...

Zenith hires former asset management chief

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... Melbourne-based Australian equities fund manager. Over nine years, his primary focus was on relationship management across institutional and retail channels, including dealer groups, family offices, researchers and platforms. In October 2017, Concise ...