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Showing 451 - 460 of 3359 results for "Frank"

Warakirri taps former Franklin Templeton executive

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
Warakirri Asset Management has bolstered its leadership with the appointment of a former Franklin Templeton executive to a lead product role. Joe Marassa has been appointed to the firm's newly created head of marketing and product position, with the ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
Investors looking to redeem their fixed interest allocations face deep buy/sell spreads, as poor liquidity forces funds to push them up significantly during COVID-19 volatility. Franklin Templeton, PIMCO, Ardea and Kapstream are some of the managers ...

Low rates support some bond managers: Report

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The fall in interest rates has supported bond managers with a longer duration stance, according to new Morningstar research revealing the performance of fixed income houses during coronavirus-induced volatility. The report said fixed income, particularly ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... they returned 13% in 2019, beating annual returns of other collectables like cars, jewellery, art and rare whisky. Knight Frank Luxury Investment Index, for the first time, added collectable handbags to its list of asset classes. And Hermes came out ...

FICAP 2020 weeks away

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2020
The countdown to the Financial Industry Community Aid Program's 2020 fundraiser and singing competition 'Who Wants to be a Rockstar?' is on. Slated for March 26, the 14th annual event sees financial services professionals vie for the title ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
The state of play for women in financial services remains dramatically disadvantaged. According to Morningstar's latest report on Women in Investing, gender diversity in funds management hasn't changed over the past two decades. "When it comes to gender ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... Darren Whereat will take up a newly created role as chief advice officer. IOOF group general manager of client and process Frank Lombardo will join Oliver and Whereat in the wealth manager's executive leadership team, having been appointed as chief operating ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
Fidelity International scored two wins at the 2020 Morningstar Australia Awards, while passive investing giant Vanguard beat active managers in the multi-asset category. The awards were spread across eight categories, with the winners announced last ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
Embattled wealth manager Evans Dixon has revealed it fired 20% of its staff, as it reports its underlying earnings were down 22% for the half-year to $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
Franklin Resources, trading as Franklin Templeton, has entered into a $6.7 billion agreement to acquire Legg Mason, creating a $2.24 trillion investment powerhouse. Under the agreement, which was unanimously approved by both boards, Franklin Templeton ...