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Showing 331 - 340 of 1059 results for "Mutual"

Global ETF industry hits record high

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
... particularly striking in the data is the continued investor preference towards ETFs, both active and passive, with ETFs outselling mutual funds three-to-one in the September quarter." BetaShares said continuing the trend from previous quarters; the fixed ...

Boutique hires CBA's credit strategy lead

KANIKA SOOD  |  MONDAY, 4 NOV 2019
... hired Commonwealth Bank's highly-regarded head of credit strategy, as it launches two new funds. Scott Rundell is joining Mutual Limited as its head of research and strategy in a newly-created role. Mutual Limited was started about 10 years ago by Wayne ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... under the new agreement AIA will "obtain an appropriate level of direct management and oversight" of the business. Colonial Mutual Life Assurance Society, the key life insurance entity of CommInsure Life, has also implemented reinsurance arrangements ...

Funds management excellence to be recognised

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2019
... Funds Management Smallco Solaris Investment Management Australian Equities - Small Cap Fidelity International Investors Mutual Limited Lennox Capital Partners Australian Equities - Large Cap Allan Gray Australia AllianceBernstein Solaris Investment Management ...

Envestnet founder tragically killed

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... killed in a car accident alongside his wife, Hanover Hill Wealth Advisors founder Mary Miller. A former managing director of mutual funds at Nuveen Investments, Bergman founded Envestnet in 1999 on the premise that technology could change the financial ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
Equity Trustees has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... further comment, though did point out it ceased telephone sales of Simple Life insurance products issued by the Colonial Mutual Life Assurance Society (CMLA) - which trades as CommInsure - at the end of 2014. "These matters had been the subject of an ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
A financial advice industry veteran has called for a return to the mutual model, saying the sector has lost focus and a sense of purpose. Property Funds Management Australia chief executive Barry Daniels has said there is still hope for the industry ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... as a share class of a multi-class fund; or active ETFs. To date, ETFs in the US have been regulated in the same way as mutual funds and were offered exemptive relief by the SEC, whereby the issuer would lodge an application justifying why rules applied ...

Bennelong boutique scores first insto mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
... its first institutional allocation from a specialist insurer. Quay Global Investors won an undisclosed amount from Avant Mutual Group, as the latter switched managers and increased allocation to listed real estate. "[We are] delighted to be Quay's ...