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Showing 4901 - 4910 of 14213 results for "Interest"

Investment manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... private equity and venture capital style assets. The investors of the IPO Wealth fund receive distributions from these interest payments. Its trustee is Vasco Investment Managers. The investments currently span 11 countries and are focused on emerging ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
The peak body for industry superannuation suggests defaulting workers' retirement savings into the Future Fund would be a costly mistake. According to Industry Super Australia, workers would be about $124,000 worse off if their superannuation was ...

Robo-adviser launches high interest savings solution

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
A robo-adviser and fund manager is launching a savings option that would see money invested in a high-interest cash exchange-traded fund. Stockspot is offering Stockspot Savings, giving clients access to competitive interest rates and leveraging the ...

Avenir eyes insto investors

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
Avenir Capital is looking to win institutional investors for its 'private equity mindset' approach to equities, after previously running capital raised mostly by word-of-mouth. The fund invests in 18 international stocks, with a longer-term ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
... charge investment, performance or indirect fees. Rest said it: "prides itself on thinking member-first, and we have seen interest in low-cost investment options from our members, so we're pleased to provide them with additional choices." "This is ...

Ironbark dumps investment manager

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
Ironbark Asset Management is replacing the underlying investment manager of one of its funds, saying its strategy is unlikely to benefit investors over the long term. Ironbark is dropping K2 Advisors as manager of its Global Diversified Alternatives ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
The Financial Services Council is extending the consultation period for the second iteration of its life code until 31 January 2019. The draft FSC Life Insurance Code of Practice was first released for consultation in November 2018, proposing 30 changes ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... fourth quarter of 2019. "Based on our reading of the global and local economy, there is sufficient headwind and the next interest rate movement could be downwards but the RBA is unlikely to move in the absence of a clear signal," Anthony said. His forecast ...

Pacific Current Group expands US investment

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... economic contributions to PAC as well as the additional diversification it adds to our portfolio." PAC confirmed its 10% interest was in exchange for funding US$1.075m of a US$2.575m total commitment. The firm retains the ability to acquire a further ...