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Showing 3991 - 4000 of 8182 results for "Institutional"

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
Westpac's wealth and insurance arm BT Financial Group delivered mixed results for the bank, financial reports released to the ASX show. Every division, with the exception of BTFG "performed solidly" in the six months to March, the bank said. Chief executive ...

Pension fund eyes Fairfax Media

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2017
... Media, events and digital ventures (excluding Stan). The Ontario Teacher's Pension Plan is one of Canada's largest institutional investors, managing a diversified portfolio of Canadian and international assets, including through its wholly-owned real ...

Government pushes ahead with new ASIC funding model

ALEX BURKE  |  FRIDAY, 5 MAY 2017
The Federal Government has released its exposure draft legislation for ASIC's new industry-funded cost recovery model. Minister for Revenue and Financial Services Kelly O'Dwyer said the model represents "the next step in meeting the Government's commitment ...

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
Assets under management on Macquarie Group's investment platform jumped 24% to $72.2 billion in the 12 months to March, recently released financial results show. While Macquarie's wealth management segment reported a flat income of $313 million for ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
The Australia Taxation Office has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
ANZ ETFS is no more as the rapidly-downsizing bank decided to end its joint venture with ETF Securities, creating a separate business in the process. ANZ ETFS has been rebranded ETF Securities Australia, and eight exchange-traded products originally ...

CFA considers AI, robo-advice in exams

KARREN VERGARA  |  THURSDAY, 4 MAY 2017
... improved access to advice product choices. But such tools will unlikely replace engagement with human advisers for institutional investors and ultra-high net worth individuals as these groups of investors, with large portfolios and potentially diverse ...

NAB Wealth growth steady

KARREN VERGARA  |  THURSDAY, 4 MAY 2017
National Australia Bank's wealth business reported modest growth in the half year to March, while finalising the sale of its life insurance business contributed significantly to the group's bottom line. NAB does not split out its consumer banking and ...

Sharing economy to reshape global real estate

MICHELLE BALTAZAR  |  THURSDAY, 4 MAY 2017
... much for a car or self-storage and that's driving global REITs to change tack. AMP Capital Investors director of institutional sales and consultant relations Mark Miness said there's a strong link between the sharing economy (think Uber and AirBnB) and ...

AllianceBernstein sees global leadership shake-up

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
AllianceBernstein abruptly overhauled its global leadership team, replacing its chief executive and appointing three new directors. Parent company AXA Financial terminated chief executive Peter Kraus and appointed Seth Bernstein as president and chief ...