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Showing 3661 - 3670 of 5520 results for "Class"

IFS caught investing in unregistered schemes

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Industry Fund Services (IFS) has breached an Australian Securities and Investments Commission (ASIC) class order by incorrectly investing client funds into an unregistered managed investment scheme. IFS recently changed their investment options after ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
... purchases from those who tend to respond to past performance. Second, many investors are hesitant to give up on an asset class that has long played a reliable role in anchoring well-diversified portfolios, enhancing returns and mitigating risk. Third ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

DomaCom eyes Gen Ys with property product

LAURA MILLAN  |  MONDAY, 26 MAY 2014
... the current clients," Naoumidis said. He admitted that allocating all investments in a fund that invests in a single asset class is risky, but added that "a 25 year old is not going to touch their super for forty years." "The only time they can take ...

New infrastructure fund for SMSFs launches

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
... access to the unlisted infrastructure market," Coffey said. "We have improved the availability of this attractive, stable class by aggregating selected funds with attractive, proven assets and offering access at low fees, with appropriate liquidity." ...

Beacon approves DomaCom fractional property fund

STAFF WRITER  |  MONDAY, 19 MAY 2014
... managing director Peter Daly said that the DomaCom product was a solution for investors wanting to invest in the property asset class, one that can be difficult to access because of high costs. "We believe the innovative DomaCom Fund is reflective of ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... financial planning businesses. The media reports also prompted Shine Lawyers to start an investigation into a potential class action against Financial Wisdom. "If an action is brought, Shine Lawyers would seek to recover up to $200 million on behalf ...

IOOF awards $115m global equities mandate

MARK SMITH  |  THURSDAY, 15 MAY 2014
IOOF has appointed State Street Global Advisers (SSgA) to manage a $115 million active global equities strategy as part of its IOOF MultiMix suite of multi-manager superannuation funds. The mandate was awarded to SSgA's Global Managed Volatility Alpha ...

Budget presents huge opportunity for wealth industry

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
The two year increase in the Age Pension is likely to create a huge opportunity for the financial services industry as product and service providers devise ways to help fund people those additional years, according to Rainmaker Information director ...

S&P Dow Jones appoints head of Australia and NZ

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
S&P Dow Jones Indices has appointed Daphne van der Oord as its new head of Australia and New Zealand. SPDJI has also appointed a senior director of channel management in shape of ASX's Jonathan Morgan. The two appointments are part of a move to expand ...