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Showing 3721 - 3730 of 14212 results for "Interest"

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
Perpetual has acquired a 75% interest in a US-based asset manager. Perpetual has entered an agreement with BrightSphere Investment Group to acquire its stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley); a global manager based ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

Giselle Roux joins Melbourne boutique

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... to identify investments and assist with the management. It currently has about seven impact partners. Future areas of interest for the boutique include: environment and climate, health and education, and sustainable development (such as social housing). ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
With the much-awaited final report expected to be handed down today, all eyes are on its findings. Here's what Rice Warner and Grattan Institute are expecting from it. A draft of the report was not circulated for stakeholder comment and the review ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... four pension funds were excited at the opportunity to participate in GPFA. "We believe it is important to promote the interest of members in making the financing market more efficient and effective," he said. "We see GPFA as a central connection point ...

Netwealth launches Milliman managed accounts

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... a raft of challenges, as the industry undergoes significant adjustments and regulatory requirements such as the Best Interest Duty were resulting in a greater focus on the fees and benefits of investment solutions for clients. "SmartShield has armed ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The former head of Westpac's private banking business has brought a Belgium-based robo-adviser down under, and says industry super funds, major banks, broker businesses and dealer groups are already knocking at the door. With its Asia Pacific operations ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... US$1.75 million penalty, US$6.74 million in disgorgement of ill-gotten gains, as well as over US$1.5 million in prejudgment interest. The SEC also settled proceedings against two UBS representatives; William Costas and John Marvin over the flipping charges. ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... high-quality assets in dynamic growth markets." Current challenges in office and retail property investments have driven further interest in diversified property portfolios, he said. "Niche sectors have developed a great deal of investment interest from ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... Diversified Income Fund, its Ethical SRI Credit Fund, its Wholesale Dynamic Fixed Income Fund and its Wholesale Active Fixed Interest Fund. Fees on these funds will be reduced by 11bps, 11bps, 10bps and 5bps respectively. Perpetual will also reduce management ...