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Showing 331 - 340 of 621 results for "Discretionary"

MDA operator appoints distribution head

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2017
... leading managedaccounts.com.au's distribution and marketing operations. Tony Nejasmic commenced with the managed discretionary account provider this week as head of distribution and marketing, a role previously held by chief executive David Heather. ...

Fund manager sells all shares ahead of crash

ALEX BURKE  |  TUESDAY, 30 MAY 2017
... chair and chief investment officer Philip Parker explained he had sold all shares in Altair trusts and gave managed discretionary account portfolios the option of either transferring equity holdings to other managers or receiving proceeds as cash. He ...

Bringing funds management to the masses

ALEX BURKE  |  FRIDAY, 26 MAY 2017
... adds that the investment comes with professional risk management, high levels of liquidity, and none of the ongoing discretionary costs associated with real estate (repairs, renovations and so on). "While we all understand that property and home ownership ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... high household debt (tied mainly to mortgages), indicate that Australian consumers won't be in a hurry to bump up discretionary spending anytime soon - worse, they may even cut down on purchasing necessities. The sluggish growth in wages is the other ...

Wealth transfer poses advice business risk

ALEX BURKE  |  FRIDAY, 28 APR 2017
... explained further: "According to our Global Wealth Managers Survey, more than a half of HNW wealth is booked in discretionary mandates. While regional preferences vary, in general HNW investors reach out to advisers to save time and benefit from expertise ...

Investment manager appoints head of machine learning

EMMA RAPAPORT  |  WEDNESDAY, 26 APR 2017
Man GLG, the discretionary investment management business of Man Group, is expanding its machine learning capabilities with the creation of a new role. William Ferreira joins the firm as head of machine learning, and will be responsible for providing ...

Republic Capital chief executive departs

ALEX BURKE  |  THURSDAY, 20 APR 2017
... specialising in automated investments via its platform, Republic Wealth. The platform employs robo-advice, managed discretionary accounts and full-service advice.

Challenger launches advice tool as reforms loom

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2017
... guaranteed income sources are used to fund essential needs while income from market-linked investments is used for discretionary spending. It then uses stochastic modelling to calculate the likelihood of clients realising their retirement goals based ...

MDA firm hires former Pillar chief executive

KARREN VERGARA  |  THURSDAY, 13 APR 2017
Listed managed discretionary account company Managed Accounts Holdings Limited (MGP) added a former Pillar chief executive to its board with the aim of growing its retail superannuation sector. Peter Brook served as Pillar's managing director and chief ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
... decline at least over the past two years. The details of the retail sales report showed that consumers are reining in discretionary spending - non-food retailing down 0.4% in February - and only buying essentials or staples - basic food retail up 0.3%. ...