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Showing 3671 - 3680 of 10705 results for "May 2012"

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
The financial services industry has welcomed the surprise Coalition victory, viewing the result as business as usual. In a shock result to many, the Coalition defeated Bill Shorten's Labor Party in the Federal election over the weekend. In response ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
Investec's international robo-advice offering, Click & Invest, has been shuttered just two years after it was launched. Citing low appetite for the service, Investec said "the market itself is growing at a much slower rate than expected." Investec focusing ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle option ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Superannuation fund are forecast to control more than half of the ASX in 15 years' time, new Rainmaker research shows. Super funds currently invest about $700 billion in ASX-listed companies, representing nearly a 40% stake of the index and growth ...

FASEA reveals exam dates

HARRISON WORLEY  |  FRIDAY, 17 MAY 2019
The Financial Adviser Standards and Ethics Authority is calling for registrations to sit the first round of adviser exams. Financial advisers who wish to sit the inaugural FASEA exam have until May 31 to notify the body of their intention to do so. ...

Blue Sky adds executive

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
Blue Sky Alternative Investments has appointed a new chief financial officer. Justine Henwood joins the company from TriCare Aged Care, where she was also chief financial officer. She replaces Elizabeth Walker, who departed Blue Sky for personal reasons ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
The odds that the Reserve Bank of Australia (RBA) will cut interest rates to a new record low of 1.25% from the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' ...

CBA down, industry up for employment

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
New research by Randstad has revealed the Commonwealth Bank is a much less attractive employer this year than it was last year, but the financial services industry as a whole has held steady in its ability to attract new employees. The Randstad research ...

Time ticks by on FASEA approvals

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
The Financial Adviser Standards and Ethics Authority has been forced to admit it will miss its own deadline for the approval of several graduate diplomas and bridging courses submitted for accreditation. According to FASEA, 14 graduate diplomas and ...