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Showing 3861 - 3870 of 8182 results for "Institutional"

TCorp boosts FUM with NSW Govt mandate

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2017
The New South Wales Government's infrastructure fund is forecast to hit $14.8 billion by the end of this month, Treasurer Dominic Perrottet announced in yesterday's budget. Net proceeds from the Government's asset recycling program are being invested ...

MSCI adds China to indices

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2017
... Provisional Indexes to launch in August. MSCI said the decision comes following broad support from international institutional investors, as well as the Chinese stock exchanges loosening its global trading restrictions and pre-approval requirements. ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
Industry super fund Cbus is voicing its support for a proposal put forward by Senators to remove the income threshold for compulsory superannuation contributions, and is calling on the Federal Government to do the same. Cbus chief executive David Atkin ...

Decumulation will drive investment focus shift: AXA IM

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
Institutional investors are shifting investment strategies in search of income generation and inflation protection over the long term in response to the advent of the superannuation decumulation phase, AXA Investment Managers believes. According to ...

FSU calls out NAB for lack of standards

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
Any compliance breaches made by NAB Financial Planning around the incorrect witnessing of Beneficiary Nomination forms prior to 31 May 2017 should not be included in the new conduct background check protocol. That is the view of the Finance Sector Union ...

Leadership restructure for Grant Samuel

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
... structure the firm will not be replacing McIntyre's current role. Instead, head of retail Steve Fletcher and head of institutional Charles Levinge will report directly to McIntyre. McKinnon said the restructure is part of the business' long-term strategic ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... Standing Committee on Economics reviewing the levy Bill last week. Many multinational banks, while active in the institutional banking market, are increasingly expanding into retail banking either directly or providing funding to third parties, Westpac ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

Equip confirms merger, names CEO and directors

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
Industry super fund Equip confirmed its merger with the Rio Tinto Staff Superannuation Fund in a move which will double funds under management to $14 billion. Equip chair Andrew Fairley said since the earlier announcement that the funds were in merger ...

HESTA calls for access to super for family violence victims

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
Industry super fund HESTA is calling on the Federal Government to change the rules and allow family violence victims and survivors access to their superannuation. The fund, along with others in the community sector including Financial Counselling Australia ...