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Showing 31 - 40 of 174 results for "Cash management"

Deutsche Bank expands Australian operations

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
Deutsche Bank has launched a cash management business in Australia, adding 14 new staff including a head of cash product. In what the bank is describing as "a terrific boost for local employees", the new Australian business marks the 14 th in Asia Pacific ...

Mainstream expands private equity offering

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... by Mainstream's US clients, combining detailed financial statement reporting, a multicurrency general ledger, cash management, waterfall capabilities, integrated CRM, and a robust LP portal integrated in one complete system. Lo said Mainstream's ...

JBWere to continue using Praemium

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... 4000 international securities on 40 exchanges and many types of unlisted investments, bonds, managed funds and cash management accounts." The two initially partnered on client reporting and administration solution on JBWere's wealth management portfolios ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... management business saw outflows of $81 million, with Mota saying despite its MultiSeries, MultiMix fixed interest and cash management trusts seeing net inflows, it was not enough to offset losses in its other investment products. The addition of the ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... services head of payments and deposits, Olivia McArdle, said the bank decided to lift the interest rate on its cash management (CMA) accelerator account to 1.2% following the Reserve Bank of Australia's interest rate reduction. "Given the historical ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... down specific industries and changed the objective of superannuation from a long run investment to a short term cash management one," he said. "It is perfectly entitled to do so in this time of crisis. But to say super funds should have planned for this ...

Return of the king

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... times investors are rushing back to old faithful. In January this year, Financial Standard published a piece on cash management and all those who held cash also held the same mentality; cash may seem boring, but when the market crashes you'll be glad ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Advisers too time-poor for cash management

HARRISON WORLEY  |  THURSDAY, 12 MAR 2020
... research shows financial advisers are struggling to make time for important aspects of the advice process, including cash management. Macquarie's newly released Cash flow management opportunity report shows 93% of advisers recognise the value of cash ...