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Showing 4351 - 4360 of 8182 results for "Institutional"

Bendigo sells estates business

ALEX BURKE  |  MONDAY, 19 DEC 2016
Bendigo and Adelaide Bank sold the trust and estates business of its subsidiary, Sandhurst Trustees, for $5 million. As per media speculation, Equity Trustees has purchased the business, which comprises roughly 141 perpetual and ongoing trusts, representing ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
The Federal Government is taking a leaf out of the MySuper playbook, suggesting Comprehensive Income Products for Retirement become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister ...

Industry fund seeks volatility overlay mandate

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... simple and without credit risk. He said the firm would continue to work fiercely in pursuit of more super fund and institutional mandates for equity risk mitigation. Aside from the institutional attention, Ho said financial advisers and other investors ...

TIAA appoints Franklin Templeton co-president

ALEX BURKE  |  FRIDAY, 16 DEC 2016
... figure at Franklin Templeton for 21 years. He oversaw long-term strategy, investment management and global retail and institutional distribution. He was a member of the firm's executive committee and sat on the boards of multiple Franklin Templeton subsidiaries. ...

CBA finances wind farm construction

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
The Commonwealth Bank is entering a consortium financing the construction of one of Australia's largest wind farms. The bank is co-financing the project with the Clean Energy Finance Corporation, CWP Renewables, Partners Group, Japan's Sumitomo Mitsui ...

Non-aligned advisers gifted growth opportunity

JAMIE WILLIAMSON  |  THURSDAY, 15 DEC 2016
... independence. People in the street actually want advice in their best interests from those who are not aligned to the large, institutional banks that have taken a beating," Johns said. Johns, of Align Financial, also highlighted the ineffectiveness of ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
ASIC is delivering specific licensing exemptions for eligible fintech businesses, in a move the regulator described as a world-first. Under ASIC's new class waivers, fintech businesses will be able to test certain services without having to hold an ...

Contango hires senior analyst from Wilsons

ALEX BURKE  |  THURSDAY, 15 DEC 2016
An institutional adviser at Wilson HTM will join Contango Asset Management in January. Adam Dellaway spent 16 years at Wilsons, advising on both institutional and retail businesses across trade execution, sales trading and research. At Contango he will ...

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
The Federal Court granted ANZ and Macquarie's wishes to pay fines totaling $15 million for attempted cartel conduct in 2011. As suggested to the court, ANZ will pay $9 million - admitting it engaged in 10 instances of attempted cartel conduct in contravention ...

MySuper competition heats up: Rainmaker

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
MySuper is the new high-growth area for retail superannuation funds with attractive offerings competing directly with not-for-profit super funds. Rainmaker's September quarter MySuper report shows MySuper products operated by retail groups like banks ...