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Showing 4811 - 4820 of 9317 results for "Red"

Fund managers fleeing UK post-Brexit: Preqin

ALEX BURKE  |  THURSDAY, 7 JUL 2016
Roughly a third of alternatives managers are investing less in the UK as a response to the Brexit referendum, according to Preqin research. The research, based on a survey of 140 alternative assets firms and 50 institutional investors, showed that the ...

SMSF payroll tax litigation under microscope

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
A superannuation and insurance lawyer says recent litigation in Queensland will be watched closely with the possibility that SMSFs could be included in payroll tax groups. Townsends Business & Corporate Lawyers special counsel Michael Hallinan says ...

Fidante manager closes $400m industrial water fund

ALEX BURKE  |  WEDNESDAY, 6 JUL 2016
Fidante Partners-affiliated real assets investment manager Resonance has made the third close of its industrial water infrastructure fund. Resonance Industrial Water Infrastructure Limited has received $400m in commitments from six institutional investors ...

Industry fund reduces insurance premiums

DARREN SNYDER  |  WEDNESDAY, 6 JUL 2016
An industry super fund dedicated to the electrical and communications industries is reducing its premiums for death and TPD insurance by about 15%. NESS Super said at a time when super fund insurance premiums are mostly rising, it is pleased to be bucking ...

Stockspot cuts robo-advice fees

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
Automated investment adviser and fund manager, Stockspot, has reduced fees for all clients and eliminated the annual advice fee for investment portfolios under $50,000. Stockpot founder and chief executive, Chris Brycki, said the decision to reduce ...

Longevity driving interest in risk pooled products

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
A combination of longer life expectancy and poor returns from volatile markets is driving more investors to reassess their retirement and life insurance products, according to Milliman. Milliman, a global provider of actuarial products and services ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

AB fund awarded recommended rating

KERRIE SYDEE  |  TUESDAY, 5 JUL 2016
Global asset manager AllianceBernstein's AB Managed Volatility Equities Fund has been awarded a 'Recommended' rating from Zenith. The fund mainly invests in shares listed on the ASX and is designed for equity investors seeking lower volatility, reduced ...

Nikko hires regional sales manager from BlackRock

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Nikko Asset Management has appointed a new regional sales manager for New South Wales and Queensland. Thira Ngoeun joins Nikko from BlackRock, where he was vice president - research relationship manager. Prior to that, he was a model portfolio manager ...