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Showing 4221 - 4230 of 8182 results for "Institutional"

CBA records $4.9bn half-year profit

DARREN SNYDER  |  WEDNESDAY, 15 FEB 2017
Commonwealth Bank's wealth management arm recorded a $249 million profit in the second half of 2016, up 6% on the first six months of the calendar year. The wealth division was a small contributor to CBA's overall net profit after tax of $4.9 billion ...

Fintech investment needs balance: APRA

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
The financial services sector should not be tempted by "shiny new [fintech] toys", and must continue to invest in maintenance of core technology, says APRA chairman Wayne Byres. Speaking at the A50 Australian Economic Forum in Sydney on Friday, Byres ...

Distrust is super's biggest challenge

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2017
The biggest challenge facing the superannuation system is the distrust millennials have in the financial services industry at large following years of scrutiny. New research from Vanguard comparing the retirement savings systems of Australia, the UK ...

Aviva funds receive Lonsec and Zenith tick

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... AIMS Target Return and AIMS Target Income funds recommended by Lonsec and Zenith. The recognition by retail and institutional consultants of our investment team and our risk management framework serves as a great endorsement of our investment proposition," ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... low-return environment," Standard Life head of Australia Simone Bouch said. "The fund has already been well received by institutional investors here in Australia. With over A$2 billion in assets under management globally and a strong performance track ...

Pacific Current Group calls EGM for restructure

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... boutiques in the US, UK, Singapore, India and Australia. The boutiques are specialist in nature and manage assets for institutional and individual clients globally.

Australian Ethical aiding tech VC sector

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
Increasing its exposure to Australia's technology start-up realm, Australian Ethical invested in a Sydney-based venture capital fund. The $1.84 billion superannuation fund has contributed a significant investment to Right Click Capital's Growth Fund ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
Capital standards should be set so that the capital ratios of deposit takers are unquestionably strong, according to ARPA chairman Wayne Byres. Speaking at the A50 Australian Economic Forum in Sydney on Friday, Byres outlined the APRA's agenda for 2017 ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
A peak superannuation body is calling on the federal government to increase its responsibility in reuniting Australians with millions of dollars in unclaimed super. In a pre-budget submission Association of Superannuation Funds of Australia (ASFA) chief ...

Asset manager appoints Aussie distribution head

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
A former senior institutional business development manager at Challenger is the first Australian head of distribution for global asset manager CQS. Louise Watson joined CQS last month, with her appointment marking a significant step in CQS' Australian ...