Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 391 - 400 of 1043 results for "Mutual"

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... Trust has been appointed as the responsible entity for SMA platform, continuing the existing relationship that includes 24 mutual clients in the funds services business. Mainstream chief executive Martin Smith said the SMA solution will be the first ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... fees-for-no-service issue made headlines, including its admissions of misleading the corporate regulator. Last week the mutual recorded a 74% drop in profits, after copping a $290 million remediation bill following its appearance at the Royal Commission. ...

Global fund manager replaces COO

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... of BEA Associates/Credit Suisse Asset Management, and COO of Trident Investment Management, an investment firm managing mutual funds and hedge funds. Epoch co-founder, chief executive and co-chief investment officer William Priest said: "I look forward ...

Superannuation shortage facing Aussie retirees: AMP

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
Latest research from the mutual shows Australians hoping to live the retirement lifestyle they aspire to will, from age 65, run out of retirement savings after five years. AMP added that with the average life expectancy of Australians now 82.5 years ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... Unity announced 13 new investment managers have joined its Lifeplan Investment Bond. The national health, wealth and living mutual company also unveiled 24 new investment bond options for its investment bond offering. Lifeplan Investment Bond now offers ...

PPS Mutual creates state manager role

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
PPS Mutual created a new state leadership role that will work closely with financial advisers in the region. Sabrina Sequeira-Walmsley takes on the new role of NSW state manager after working as national partnership manager at the Association of Financial ...

Ex-industry super fund chief joins robo-adviser

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... chief executive of the Myer Family Company in July 2016. She left that role in November 2017 after Myer Family merged with Mutual Trust. Press spent the bulk of her career with UBS Global Asset Management, most notably as deputy head of Australia and ...

Innovators must cooperate: Stone and Chalk

HARRISON WORLEY  |  MONDAY, 16 JUL 2018
... will require a strong mentality shift away from a competitive mind set amongst start-ups, towards one of collaboration and mutual success," Scandurra said. "This collaboration should also be extended between industry and start-ups. As an example, our ...

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
The former chief executive of the Association of Financial Advisers believes a practical trade-off is required in order for the Financial Adviser Standards and Ethics Authority to meet its "mutually exclusive" goals for increasing industry professionalism. ...

US investment giant acquires global fund manager

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... Federated Investments' chief executive J. Christopher Donahue said the two firms' collaboration since has reinforced mutual commitment to shared values in meeting client needs. "As environmental, social and governance considerations play a growing ...