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Showing 491 - 500 of 721 results for "Class A"

BNP becomes First Super custodian

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Industry fund First Super has appointed BNP Paribas Securities Services as custodian, replacing NAB Asset Servicing. The $2 billion fund chose BNP because of its "suite of reporting, risk management and analytics [which will] enable the trust to meet ...

How to get private equity returns from listed stocks

MARK SMITH  |  WEDNESDAY, 11 MAR 2015
Investors can get two-thirds of the excess return offered by private equity from targeted listed stocks, according to researchers from State Street and Windham Capital Management who say this nullifies the need to allocate to the asset class unless ...

Standard Life appoints infrastructure debt director, analyst

ALEX BURKE  |  THURSDAY, 19 FEB 2015
Standard Life Investments has further expanded its Infrastructure Debt team with two senior appointments. Alex Campbell has been appointed investment director for infrastructure debt and Marianne Froude has become investment analyst for the infrastructure ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Succession planning major issue for advisers

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
A significant amount of financial advice practices have no effective succession plan in place, according to the Rubik Wealth/Business Health Future Ready VI report. The report aims to comprehensively analyse the health of Australian financial advice. ...

Court approves Great Southern settlement

AAP  |  FRIDAY, 12 DEC 2014
A $23.5 million settlement of a class action related to loans to investors hit by the billion dollar collapse of agribusiness Great Southern has won court approval. The agricultural projects manager, which raised $1.8 billion and managed 45 investment ...

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
The Federal Court has made orders approving the settlement of the class action against the failed Premium Income Fund (PIF). IMF Bentham confirmed the court's approval of the settlement, but did not say how much PIF unit holders will be receiving as ...

NAS loses another super fund

JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
NAB Asset Servicing (NAS) has lost another super fund client, with TWUSUPER switching custodians to BNP Paribas Securities Services. The $3.9 billion fund is the latest in a string of super funds, including QSuper, Sunsuper and Cbus, to take their business ...

Inflows from overseas double in four years

MARK SMITH  |  TUESDAY, 25 NOV 2014
Funds flowing into Australian managed investment trusts from overseas have doubled from $20 billion to $40 billion since 2010, according to a new report by Perpetual and the Financial Services Council. The jointly published 2014 Australian Investment ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
AMP Capital Portfolio Analyst Stephen Flegg has won the 2014 Future Leaders Award, run jointly by the Financial Services Council and Deloitte. This year, competitors were asked to prepare presentations on one of four hot topics: MySuper and competition ...