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Showing 3551 - 3560 of 8182 results for "Institutional"

gigSuper reaches out to self-employed

EMMA RAPAPORT  |  WEDNESDAY, 22 NOV 2017
Competition in superannuation is gathering pace with the entry of gigSuper, the latest boutique direct product aimed at a niche market. Tapping into growing number of Australians who are self-employed or working in the gig economy, co-founders Peter ...

YBR founder to lead government taskforce

ALEX BURKE  |  TUESDAY, 21 NOV 2017
... include Suncorp chief executive officer, customer marketplace Pip Marlow, NAB executive general manager of global institutional banking Spiro Pappas and Australian Unity director Su McCluskey. BGA Digital managing director Gerd Schenkel, Assistant Minister ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...

Global manager receives makeover

JAMIE WILLIAMSON  |  TUESDAY, 21 NOV 2017
One of the world's largest asset managers is rebranding, changing its name and launching a new platform and research division. Natixis Global Asset Management has changed its name to Natixis Investment Managers in greater acknowledgement of its multi-affiliate ...

BNP Paribas Asset Management restructures for efficiency

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
... billion, the new division comprises 130 employees across Europe, the UK and Hong Kong, and caters to both retail and institutional clients including pension funds and insurance companies. Of the new investment group, BNPP AM said: "MAQS is highly innovative ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
Challenger retirement income chair Jeremy Cooper believes the superannuation industry and its regulators need to address an inconvenient truth: the system is wholly unprepared for retirees. Speaking at the Financial Services Council Retirement Income ...

Xero founder sells $94.5m in shares to fund philanthropy

ALEX BURKE  |  FRIDAY, 17 NOV 2017
... million Xero shares to fund philanthropic and social endeavours. In an ASX statement, Xero said Rod Drury's sale to institutional and professional investors at $31.50 per share was "likely successful." Following the sale, Drury will remain Xero's largest ...

Penalty issued for ASX rules breach

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2017
One of Australia's largest stockbroking and financial advice firms was slapped with a $358,000 infringement notice by the corporate regulator. Bell Potter Securities, part of Bell Financial Group, has been ordered by ASIC's Markets Disciplinary Panel ...

Managed accounts here for the long haul

DARREN SNYDER  |  THURSDAY, 16 NOV 2017
... us. The massive growth in SMAs has seen it go from a broad retail-oriented trading environment into an [almost] institutional environment where block trades are increasingly important and you can get much better execution," he said. BT Financial Group ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
Australia's largest superannuation fund was named Fund of the Year at the annual Rainmaker SelectingSuper Awards. Alongside industry leaders at a ceremony in Melbourne this morning, AustralianSuper was recognised for its standout performance in delivering ...