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Showing 3751 - 3760 of 8182 results for "Institutional"

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Commonwealth Bank chief executive officer Ian Narev and fellow group executives have been stripped of short-term bonuses ahead of tomorrow's financial results. The decision, made by the CBA board in a meeting yesterday, was reached following consideration ...

IOOF grows against the grain

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
IOOF credited the onboarding of about 50 advisers last financial year as a driving force behind its 131% increase in advice net flows. In what IOOF described as "counter to industry trend", its growing adviser numbers - including the 33 that joined ...

Boutique appoints Equity Trustees as RE

KARREN VERGARA  |  TUESDAY, 8 AUG 2017
... of both long and short small cap investment opportunities. Until recently, JCP only offered investments for the institutional market with six investment strategies. "Its decision to launch two of these funds into the retail market is an exciting development ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
The Commonwealth Bank says its failure to notify AUSTRAC of more than 53,000 large cash deposits in its intelligent deposit machines was caused by a software error which was not discovered for more than two years. In a public statement CBA outlined ...

UniSuper brings investment option in-house

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
UniSuper, the $60 billion fund for Australia's higher education and research sector, is appointing an active strategy for its once passively managed environmental investment option. Under this important shift management of the Global Environmental Opportunities ...

First XTB 'Floater' model portfolio launched

JAMIE WILLIAMSON  |  MONDAY, 7 AUG 2017
... has the model portfolio. "Interest rates in Australia are currently higher than some other markets in the region. Institutional investors have been able to access higher yielding Australian corporate bonds in the wholesale market. XTBs allow all other ...

Nikko AM to disrupt with acquisition

JAMIE WILLIAMSON  |  MONDAY, 7 AUG 2017
Nikko Asset Management acquired a minority share in a New York-based specialist investment house with ambitions to develop more innovative investment solutions. As a stakeholder in ARK Investment Management, Nikko AM has obtained exclusivity to provide ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
... blockchain "in every way possible." Over the next three years the firm is allocating €1 billion to its corporate and institutional banking division and this includes building out blockchain, artificial intelligence and big data capabilities. The ASX ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
The Commonwealth Bank is potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal ...

Cbus chief executive wins FEAL award

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... and diversity exemplifies what the Fund Executive of the Year award sets out to highlight," AMP Capital head of institutional business Tim Nation said. Atkin has been chief executive of Cbus since 2008, a fund which manages more than $40 billion on behalf ...