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Showing 4761 - 4770 of 9317 results for "Red"

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
AMP's wealth management division has suffered a major drop in cashflows, down 49.5 per cent year on year. In a statement, AMP said fallen cashflows were a reflection of a volatile investment market and weak investor confidence due to proposed superannuation ...

Austock expands investment menu

MARK SMITH  |  THURSDAY, 18 AUG 2016
Austock Life has expanded its Vanguard Tax-Paid range, adding three new indexed options to its imputation bond menu. The addition of the Vanguard Diversified Conservative Index, Vanguard Diversified Growth Index and Vanguard International Shares (Unhedged) ...

Futuro completes restructure

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
Futuro Financial Services has completed a 12 month restructure of its wider business and executive team. The restructure has seen Dennis Bashford step aside as managing director and into the role of executive chair. Bashford has now fully handed over ...

QV Equities posts solid year

DARREN SNYDER  |  THURSDAY, 18 AUG 2016
QV Equities' cautious approach last financial year saw the listed investment company post a portfolio return of 8.2% before tax, and a company after tax profit of $5.72 million. Managed by Investors Mutual, the LIC reduced its cash position by 10% during ...

ANZ partners with Mercer for retiree portfolios

ALEX BURKE  |  THURSDAY, 18 AUG 2016
ANZ Wealth has partnered with Mercer to develop new model portfolios for retirees. The portfolios will be distributed via ANZ Wealth aligned licensees and focus on diversification across asset classes. Each is based on a particular investment objective ...

UK IFAs increasingly outsourcing to DFMs

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
United Kingdom independent financial advisers (IFAs) are increasingly outsourcing investment assets to discretionary fund managers (DFMs) as asset managers start to feel the fee pressure pinch, according to Cerulli Associates' 'Asset Management in the ...

AMP Capital to acquire Spanish telco infrastructure

ALEX BURKE  |  WEDNESDAY, 17 AUG 2016
AMP Capital has entered into an agreement to acquire a Spanish provider of telecommunications and broadcasting infrastructure. Under the agreement, AMP Capital's global infrastructure equity platform will purchase 100% of Axion from Antin Infrastructure ...

Financial services stalwart backs robo-adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2016
A financial advice industry magnate has affirmed his support of robo-advice, investing in automated advice provider Ignition Wealth. Count Financial founder Barry Lambert said his desire for a cost-efficient and effective solution has driven his backing ...

Industry fund inks MetLife mandate

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
An industry superannuation fund is ending its partnership with CommInsure after more than a decade, moving its group insurance to MetLife in the New Year. CareSuper will be working with MetLife to reshape the fund's existing insurance offering which ...

AMP Capital opts to liquidate AGF portfolio

ALEX BURKE  |  TUESDAY, 16 AUG 2016
AMP Capital has chosen to wind up the China Growth Fund by liquidating the portfolio. As the responsible entity for the fund, AMP Capital considered two options for the wind-up: first, that the portfolio would remain invested in China A shares, with ...