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Showing 4031 - 4040 of 9316 results for "Red"

Parametric wins $60m global equities mandate

ALEX BURKE  |  TUESDAY, 29 MAY 2018
Parametric won a $60 million mandate for its tax-managed indexing (TMI) strategy from an $8.5 billion super fund. Australian Catholic Superannuation and Retirement Fund (ACSRF) previously awarded Parametric an after-tax passive global equities mandate ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
The sharp turnaround in the All Ordinaries index from the 2018 low of 5859.15 points plumbed on April 3 to 6234.95 points - 6.5 points short of this year's high of 6241.46 points (January) - by May 14 it had almost prompted me to declare that 2018 ...

Big data's big retirement benefits

DARREN SNYDER, STEPHEN FAY  |  MONDAY, 28 MAY 2018
J.P. Morgan Asset Management says big data is allowing retirement income products to be better customised to the individual and more dynamic in managing retiree spending. The asset manager has designed a solution in the US, assisted by retiree data ...

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
One of the world's biggest private equity managers submitted an all cash proposal to acquire an ASX-listed Investa fund. Blackstone's indicative and non-binding proposal is to acquire the Investa Office Fund (IOF) at a price of $5.25 per unit ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
Perennial has reduced management fees for its defensive listed investment company as part of a revision of the overall investment strategy. Management fees for the Wealth Defender Equities LIC will be cut from 0.98% to 0.8%. This follows the LIC's ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
Actuary Michael Rice believes there should be a national objective for the Age Pension and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting ...

New partnership to simplify estate planning

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
Myprosperity is partnering with a specialist estate planning law firm to provide free, automated wills. Added estate planning functionality will allow financial advisers using the myprosperity platform to generate a standard, legally binding will from ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
"...it is possible that the many, though not individually good men, yet when they come together may be better, not individually but collectively, than those who are so, just as public dinners to which many contribute are better than those supplied at ...