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Showing 3881 - 3890 of 8182 results for "Institutional"

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
The funds management industry has demonstrated broad commitment to its legal obligations but is still falling short in a number of areas. In a report issued yesterday, ASIC found that responsible entities operating managed funds on behalf of retail ...

Major US pension fund divests Australian coal

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
The largest educator-only pension fund in the world is divesting from all non-US thermal coal holdings, including Australia-based Whitehaven Coal. The US$206.5 billion California State Teachers' Retirement System (CalSTRS) teachers' retirement board ...

The changing face of underwriting

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2017
Facial analytics may play a key role in calculating future life insurance premiums thanks to a North Carolina technology firm claiming its platform returns lifespan estimates more accurate than traditional methods. Lapetus Life Event Solutions recently ...

Limited super investment in VC holding Australia back: AVCAL

EMMA RAPAPORT  |  TUESDAY, 13 JUN 2017
... innovation, says the Australian Private Equity and Venture Capital Association. According to a new research report, institutional capital - predominately from Australian super funds post-GFC - has dried up, leaving venture managers struggling to raise ...

Promotions for CFSGAM global resources team

KARREN VERGARA  |  TUESDAY, 13 JUN 2017
Colonial First State Global Asset Management (CFSGAM) announced it promoted Todd Warren to head of global resources. Joanne Warner will retire from the role in August after serving 20 years in the global resources team and took over as leader in 2010. ...

Blockchain feasibility test successful: Calastone

KARREN VERGARA  |  TUESDAY, 13 JUN 2017
Financial technology company Calastone completed the first phase of its blockchain testing by analysing the trades and settlement of mutual funds. This involved testing a large volume of trades across global markets to give a better understanding of ...

Daintree launches fixed income trust

KARREN VERGARA  |  FRIDAY, 9 JUN 2017
Boutique investment manager Daintree Capital launched its inaugural fixed income trust. The Daintree Core Income Trust is a diversified, absolute return portfolio aiming to provide a monthly income stream and capital stability, director and portfolio ...

Westpac to review history of new applicants

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Following yesterday's news of another former Westpac adviser being banned by ASIC, the bank has announced that anybody applying for a permanent role with the Westpac Group will now be subjected to a background check. Designed to identify any past instances ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Macquarie Equities has shelled out almost $25 million in compensation in the past three years as part of its enforceable undertaking with ASIC. The corporate regulator published an update yesterday as to the remediation program's status, saying it is ...

Industry giant joins ACSI

EMMA RAPAPORT  |  FRIDAY, 9 JUN 2017
A giant of the super industry is the newest member of the Australian Council of Superannuation Investors. TCorp, which manages more than $80 billion on behalf of a range of NSW public sector and related agencies, has joined the association, bringing ...