Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 94 results for "Collective Investment"

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The Corporate Collective Investment Vehicle (CCIV) regime is back on the agenda, with the government introducing legislation to attract more foreign investment yesterday. Under the regime fund managers will be able to use a corporate structure with ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the long-awaited covenant that ...

Bell AM announces US distribution plans

ANNABELLE DICKSON  |  TUESDAY, 23 NOV 2021
... partnership will allow Bell Asset Management to distribute its equity strategies in North America and develop collective investment trusts. Bell Asset Management provides pro long-only, fundamental bottom-up global equity solutions to a diversified investor ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to Treasurer Josh Frydenberg, the CCIV regime will enhance the international competitiveness ...

Wells Fargo sells asset management business

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
... of its closed-end funds. The sale includes Wells Fargo Bank N.A.'s business of acting as trustee to its collective investment trusts and all related WFAM legal entities. Wells Fargo said the transaction is expected to close in the second half of 2021 ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... that Wong will work on include fee disclosure, product design and distribution obligations, and corporate collective investment vehicles. In his most recent role, Wong spent more than seven years with Perpetual Limited as in-house legal counsel. He has ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... 15 months, the FSC said. It also recommended the government prioritise the introduction of the Corporate Collective Investment Vehicle - which would accelerate growth in the funds management industry and promote Australia as a financial centre. The FSC ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
... crisis. The paper, Modernising electricity sectors sees ISA chief economist Stephen Anthony highlight how the collective investment power of the industry funds could help solve some of Australia's energy problems. According to Anthony, policy inertia ...

State Street appoints international chief executive

KANIKA SOOD  |  MONDAY, 15 APR 2019
... drivers of client demand for global support include the rapid development of retirement schemes, the growth of collective investment vehicles, as well as favorable demographic trends," State Street said. In his most recent role, Aristeguieta oversaw ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation. Stakeholders have until 28 February 2019 to make submissions on two proposed bills - the tax and regulatory component, and related explanatory ...