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Showing 3601 - 3610 of 5520 results for "Class"

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
... inception to investors in its funds as at 31 March 2014. Rainmaker statistics reveal alternatives are the fastest growing asset class in Australia, increasing from 5% of all investments in 1997 to 17% at March 2014. Over the last 12 months, allocations ...

BetaShares partners with fifth largest US ETF provider

MARK SMITH  |  TUESDAY, 12 AUG 2014
Exchange traded fund (ETF) provider BetaShares has formed a strategic alliance with WisdomTree Investments, the fifth largest ETF manager in the US. Under the terms of the agreement, BetaShares has been granted exclusive rights to market the full range ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
Self-managed super fund (SMSF) trustees with net assets of at least $2.5 million could be classified as wholesale investors by their financial advisers, the Australian Securities and Investments Commission (ASIC) has determined. The regulator has issued ...

Australia's unit trust dictum is killing the funds industry

ALEX DUNNIN  |  FRIDAY, 8 AUG 2014
If Australia wants develop its potential to be funds management player in the Asia region, government has to decide whether it's policy on how it treats international fund managers is targeted at minimising tax leakage or exporting services, growing ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
... Conference, Brogden said the FSC would embrace the opportunity and lead the debate on taking superannuation from a world class accumulation scheme to the world's best retirement system. He said superannuation and retirement income policy must be seen ...

Australia at heart of new Asia-centric world order

MARK SMITH  |  THURSDAY, 7 AUG 2014
... in the world, go to Asia," he said. He finished with one final telling statistic. In 2010, the total size of Asian middle class was 500 million people. By 2020 there will be 1.75 billion, an increase of 3.5 times. "The world has never seen anything like ...

Fortnum completes ANZ buy-out

ALICE URIBE  |  WEDNESDAY, 6 AUG 2014
... Fortnum Group had evolved in line with the changing needs and wants of clients. "Our goal has always been to provide world class, objective financial advice, and our clients and member firms felt it was essential to standalone, unencumbered by institutional ...

PineBridge launches DAA fund

STAFF WRITER  |  THURSDAY, 31 JUL 2014
... Australian public sector state fund has seeded the PineBridge Global Dynamic Absolute Return Fund. The global multi-asset class investment manager's first Australian managed fund adopts a dynamic asset allocation (DAA) investment approach targeting a ...

Lonsec makes portfolio manager changes after review

STAFF WRITER  |  WEDNESDAY, 30 JUL 2014
... return boosters in a low return environment, when improved performance is linked to the diversification benefits this asset class provides rather than the inherent nature of the assets or the investment style used," Menniti said. "Lonsec has positioned ...