Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3331 - 3340 of 8182 results for "Institutional"

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
Gryphon Capital Investments wants non-institutional investors to place money in secured debt securities with its new trust - which it says is the first of its kind in Australia. Gryphon Capital Income Trust (GCIT) will invest in residential mortgage ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
The Revenue and Financial Services Minister said the Federal Government is prepared to take matters into its own hands because superannuation funds still aren't doing enough to stop life insurance premiums unduly eroding retirement savings. Kelly O'Dwyer ...

Aussie ETFs attracted $339 million in February: Betashares

KANIKA SOOD  |  WEDNESDAY, 21 MAR 2018
... brought in two thirds ($219 million) of the inflows. Fixed income and Australian equities received $115 million each. Institutional investors directed their funds into sector ETFs, with its BetaShares S&P/ASX 200 Resources ETF scooping up the single ...

Top industry fund bets on DNA sequencing

KANIKA SOOD  |  WEDNESDAY, 21 MAR 2018
Hostplus has joined global investment giants backing a UK-based DNA sequencer, placing $27.5 million in the technology company behind the product. Oxford Nanopore Technologies says it makes the world's only handheld DNA/RNA sequencing devices. Other ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
The Financial Services Council is proposing to establish a Genetics and Insurance Advisory Council in an effort to engage in a booming field of clinical research and genetics testing. Chief executive Sally Loane announced the initiative at this morning's ...

FSC honours life insurance industry talent

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
The Financial Services Council awarded its highest accolades to the life insurance industry's brightest stars at a gala dinner in Sydney overnight. The annual FSC Life Insurance Awards, held at the Ivy Ballroom, recognised three talented individuals ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
ANZ is looking at an initial public offering for a New Zealand subsidiary, after an attempt to sell it to a Chinese buyer was blocked last year. The bank was set to sell UDC Finance to Chinese behemoth HNA Group for NZ$660 million when the NZ regulator ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ANZ will stop issuing new secured asset finance loans to retail customers, as the bank conducts an internal review of the business. New loans will cease from 30 April. "Given the increased technology costs required to effectively compete in the secured ...

GBST and super fund collaborate for tax relief

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
A $7.4 billion corporate superannuation fund is partnering with GBST to provide members with the maximum tax benefits available to them following the latest super reforms. Qantas Super will use GBST's TaxIntell solution to assist members in transitioning ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation ...