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Showing 441 - 450 of 1907 results for Laura Millan

BetaShares launches ASX-listed hedge fund

LAURA MILLAN  |  TUESDAY, 21 APR 2015
Exchange traded funds (ETF) provider BetaShares listed a hedge fund to the Australian Securities Exchange (ASX). The BetaShares Australian Equities Strong Bear Hedge Fund will invest its assets into cash and sell equity index futures contracts (ASX ...

BNP becomes UniSuper master custodian

LAURA MILLAN  |  TUESDAY, 21 APR 2015
BNP Paribas will replace NAB Asset Servicing (NAS) as UniSuper custodian following a tender review process. NAS was UniSuper custodian for 23 years, but Australia's third largest superannuation fund determined that "BNP Paribas was best placed to meet ...

Super funds too small for activism

LAURA MILLAN  |  MONDAY, 20 APR 2015
Lack of investment activism among superannuation funds largely comes down to size, but "it is just a matter of time before the age of activism dawns in Australia as well," Credit Suisse said. The investment bank noted in a research piece that "the behemoths ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
Risk advice dealer group Synchron has asked industry stakeholders not to blame "churning" of life insurance policies only on advisers and demanded that insurers improve product design. Synchron noted that in the United Kingdom and in South Africa, "companies ...

Tempo finds beta growth in Europe, Asia

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Boutique fund manager Tempo Asset Management is turning its global smart beta strategy away from the United States and Canada and finding growth in Europe and Asia. Tempo principal Joe Bracken told Financial Standard that the Tempo Global Equity Fund ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Australia's top bankers will have to explain what went wrong in their advice divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive ...

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
ANZ will reimburse $30 million to clients of its financial planning business who did not get the annual reviews promised as part of the bank's advice and investment service. About 8,500 Prime Access clients will be reimbursed, ANZ confirmed in a statement. ...

Midwinter launches scaled advice division

LAURA MILLAN  |  THURSDAY, 16 APR 2015
Software provider Midwinter has set up a scaled advice division and appointed a former Fortnum Financial executive to lead the company's strategy in this area. Halie Samson will be head of scaled advice at Midwinter and was previously project manager ...

Liquidnet increases average trade size in Australia

LAURA MILLAN  |  THURSDAY, 16 APR 2015
Global institutional trading network Liquidnet grew its average Australian trade size to $1.8 million for the first quarter of the year, up from $1.7 million at the end of 2014. The company reported that this figure is 390 times greater than the $4,680 ...

Bernie Ripoll to retire from federal politics

LAURA MILLAN  |  WEDNESDAY, 15 APR 2015
Labor MP and architect of the first Future of Financial Advice (FoFA) reforms Bernie Ripoll will not contest the next federal election. Ripoll announced the decision on his Facebook page and said that he will finish his term as an MP and will continue ...