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Showing 361 - 370 of 698 results for "Virtu"

Fed Court winds up unregistered investment scheme

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
The Federal Court has wound up 21st Century land banking companies and declared the land banking developments were unmanaged investment schemes. The court also disqualified the operators of 21st Century land banking companies, Jamie and Dennis McIntyre ...

CBA uses virtual reality to revitalise financial education

KERRIE SYDEE  |  TUESDAY, 11 OCT 2016
The Commonwealth Bank of Australia has launched a new virtual reality education program aimed at increasing the financial literacy of young Australians. With a recent survey from Zurich revealing Australians to be overconfident when it comes to money ...

Retirement income opportunities begin early

DARREN SNYDER  |  FRIDAY, 16 SEP 2016
Choice chief executive Alan Kirkland believes bi-partisan government support is needed for a superannuation objective that makes the retirement income message clear. Kirkland says too often debates occur around super's purpose and whether people's retirement ...

Fund managers must offer genuine partnerships

MARK SMITH  |  WEDNESDAY, 14 SEP 2016
Pricing too aggressively and paying nothing more than lip service to the notion that your clients are your partners is a slow route to profitability, according to GQG Partners chairman and chief investment officer Rajiv Jain. The global equities portfolio ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
Independently owned dealer group GPS Wealth has launched a limited advice software package for accountants. Following the release of MoneyBowl for Advisers in July, MoneyBowl for Accountants features an automated personal financial management (PFM) ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

ClearView earnings reflect business growth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2016
ClearView has reported a surge in earnings during its transition from the "build phase to growth phase". The wealth management firm delivered a 33% increase in underlying net profit - up to $27.2 million - and 35% rise in total operating earnings, achieving ...

Magellan eyes 'exponential growth' from second machine age

MARK SMITH  |  TUESDAY, 2 AUG 2016
Magellan's positions in Tesco and Lloyds Banking Group have hurt the group's flagship Global fund as the pound has plunged in the wake of the Brexit vote, but chief executive and chief investment officer Hamish Douglass has his sights on more exciting ...

Voters opt to shut down AMP Capital China fund

ALEX BURKE  |  THURSDAY, 28 JUL 2016
The AMP Capital China Growth Fund (AGF) will be wound up following the vote at today's EGM. Opening the EGM, AMP Capital Funds Management chair Adam Tindall said that "a lot has changed" since the fund's establishment in 2006. "Markets move on, regulations ...

Magellan selects new reporting solution

DARREN SNYDER  |  TUESDAY, 12 JUL 2016
Asset manager Magellan has gone live with new client reporting software on the back of a newly-formed partnership with Vermilion Software. This is Vermilion's second large win in the asset management sector for 2016, with the firm previously announcing ...