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Showing 3391 - 3400 of 8182 results for "Institutional"

Airlie loses key mandate after Magellan acquisition

ALEX BURKE  |  WEDNESDAY, 21 FEB 2018
... Partners Group, which has operated as Magellan's US distribution partner since 2011. Frontier manages strategies for US institutional clients. "The partnership with Frontier and Bill Forsyth has been a real success story for Magellan, representing $12.8 ...

JPMAM consolidates insto and retail distribution

DARREN SNYDER  |  TUESDAY, 20 FEB 2018
The head of J.P. Morgan Asset Management's Australian institutional business will depart following a strategic review of the insto and retail distribution teams. After about four years in the role, Stephen Alcorn is searching for new opportunities. ...

Russell revamps ESG scoring system

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... scoring approach represents a strong development in the industry's understanding of ESG performance drivers," Russell institutional Australia head of strategic partnerships Nicki Ashton added. "It further responds to client expectations for products ...

BetaShares shareholder buys $13 billion fund manager

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
A significant shareholder in BetaShares has added a $13 billion ETF manager to its growing stable. Korea-based Mirae Asset Global Investments entered a $616 million definitive agreement to purchase 100% of fully diluted shares in New York-based ETF ...

Institutions suffer financial adviser drain

ALEX BURKE  |  MONDAY, 19 FEB 2018
... in 10 financial advisers swapped their licensee in 2016-17 - and 56% of these either stayed in or migrated to non-institutional options, according to Rainmaker research. Another third of those 2100 advisers migrated to institutional licensees, but given ...

FSC launches asset manager governance regime

ALEX BURKE  |  FRIDAY, 16 FEB 2018
In response to ongoing scrutiny into the internal governance standards of Australia's asset management industry, the Financial Services Council has commenced its Principles of Internal Governance and Asset Stewardship regime. The FSC heralded the regime ...

IFAs tackling bank-owned competitors head on

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
Research shows independent financial advisers (IFAs) do not feel threatened by their bank-owned counterparts and are willing to take the competition head on. According to GlobalData's 2017 IFA survey, only a handful of IFAs perceive competition from ...

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
Credit Suisse is being questioned over its hiring practices in Asia Pacific. Credit Suisse disclosed it is "responding to requests" from governmental and regulatory authorities in regards to potential violations of the US' Foreign Corrupt Practices ...

AMP cuts fees for new wholesale fund suite

ALEX BURKE  |  THURSDAY, 15 FEB 2018
AMP is rolling out a range of new managed funds on the MyNorth, North, Summit, iAccess, PortfolioCare and WealthView platforms, delivering them at a lower cost than their underlying wholesale vehicles. The Advantage Funds range comprises 31 funds covering ...

Perennial to launch active income ETF

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... after fees," Murray added. The announcement of the new listed vehicle follows Perennial appointing a new head of institutional sales, Dan Birch, earlier this month. He joined from trading platform OTCX where he served as managing director of the Asia ...