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Showing 3561 - 3570 of 10553 results for "BEI"

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
A report has found substantial fee reductions across a number of asset classes, associated with continued pressure on external manager fees from asset owners. The bfinance report found fees for active global equity mandates have fallen by 7% since 2013 ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
The International Monetary Fund has predicted Australia's economy will weaken a full percentage point in 2019 down to 1.7% growth from 2.7% last year. In its latest World Economic Outlook report, the IMF warned of a "synchronised global slowdown" to ...

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
ASIC is using intimidation tactics to get product providers to shut down grandfathered commissions early, according to the Association of Independently Owned Financial Professionals (AIOFP). Speaking to Financial Standard, AIOFP executive director Peter ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
CHOICE has awarded AMP a Shonky for its "grossly underperforming" superannuation division, highlighting the AMP Retirement Trust and Super Savings Trust products. The consumer advocacy group said 55.5% of AMP's superannuation customer base comes from ...

Funds management excellence to be recognised

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2019
Some of the biggest names in funds management are among the finalists for tomorrow's Zenith Fund Awards for 2019. Now in their eighth year, the Zenith Fund Awards recognise the top talent in funds management across more than 20 categories. They are ...

First State Super enters global equities partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support. HSBC Global Asset Management has been awarded the mandate and will also provide ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
"Just when you thought it was safe to go back in the water..." - Jaws The history of the US-China trade negotiations has followed a pattern ever since it began in 2018 - rhetoric from both sides building hopes for a deal only to be followed by escalating ...

Envestnet founder tragically killed

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
Founder and chief executive of Envestnet Jud Bergman has been tragically 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 ...

Former BTFG executive takes on new role

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
BT Financial Group's former general manager of platforms and investments has stepped into a new role with an emerging platform provider. John Shuttleworth has been appointed chief executive of Spitfire. Spitfire's current chief executive Matthew Johnson ...