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Showing 3261 - 3270 of 8182 results for "Institutional"

New CEO to join MQA after restructure

ALEX BURKE  |  MONDAY, 23 APR 2018
... After that, Macquarie sold down its remaining stake in the listed investment company via a bookbuild to a number of institutional investors. Both parties have now come to an agreement regarding the terms of the internalisation. There will be no consideration ...

Super fund awards $150 million fixed income mandate

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... ability to work with clients to tailor and customise portfolios to meet their specific objectives," GSFM head of institutional business Charles Levinge said.

Royal Commission presents clear downside for bank stocks

ALEX BURKE  |  MONDAY, 23 APR 2018
Findings from the Royal Commission, and the possible increased regulation that will emerge as a result, have weakened the investment case for Australia's banking sector. Research from Credit Suisse analysts Jarrod Martin and Brendon Ferreira suggests ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
... building for the future. We have a great platform, great people and continuing support amongst our funds' investors and institutional clients." "Blue Sky will accelerate initiatives to recalibrate Blue Sky's income mix toward a greater reliance on recurring ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer ...

One third of Aussies struggling financially

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
A study into financial wellbeing of Australians has found that almost a quarter of the population is just getting by, while a further 13% struggle to meet day-to-day financial commitments. The ANZ Financial Wellbeing survey shows more than a third of ...

HUB24 expands distribution team

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... former Colonial First State executives. Joining HUB24's distribution team is Shane Muscat, formerly CFS head of institutional sales. Muscat takes on the newly-created role of HUB24's head of strategic sales, where he will lead business initiatives involving ...

Royal Commission must be extended: FSU

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
The union representing workers in the financial services sector is calling for an extension of the financial services Royal Commission, as revelations of misconduct continue to arise from the inquiry. The Finance Sector Union said the inquiries of Commissioner ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise the funds required to list on the ASX. "What we've done over the last month is gone out to our institutional ...

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
A super fund with more than $1.5 billion in assets under management has adopted the Insurance in Superannuation Voluntary Code of Practice. REI Super is the latest fund to adopt the voluntary code, with implementation of the code set to begin on 1 July ...