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Showing 5151 - 5160 of 10553 results for "BEI"

Contango continues to grow investment team

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2016
Contango Asset Management has bolstered its investment team with the appointment of two new associate analysts. Xia Wu and Eric Tan joined the Melbourne firm last month, marking another stride in its growth strategy. Wu holds a Masters in Finance from ...

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
Commonwealth Bank will pay $180,000 in penalties and write off $2.5 million in loan balances, following an internal review. The penalties will be paid following breaches of responsible lending laws in relation to overdraft facilities; CBA reported these ...

Westpac refunds $9.2 million in unfair fees

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
About $9.2 million has been refunded by Westpac after more than 160,000 customers were wrongfully charged inapplicable account fees. The refunds are a result of the bank failing to waive fees on Westpac and St. George branded savings and transaction ...

Rethinking risk through goals-based investing

ALEX BURKE  |  TUESDAY, 13 SEP 2016
With the retirement income debate reaching an industry fever pitch, Alex Burke investigates a new approach to portfolio construction that aims to manage both sequence and longevity risk simultaneously. If you ask industry consultant John Wiseman, the ...

Deloitte partner moves to Trustee Partners

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
Former Deloitte partner and #FSPower50 member Stephen Huppert has joined the newly-formed Trustee Partners as head of innovation. Huppert joins a team of seasoned industry professionals including Trustee Partners' co-founder and managing director Phillip ...

Advisers need to control the finance food chain

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
The food chain of financial advice has long been the wrong way around and needs to change, says Implemented Portfolios' co-founder and chief executive of strategic development Santi Burridge. Speaking at the recent Financial Standard Managed Accounts ...

TH Real Estate buys stake in Myer store

MARK SMITH  |  THURSDAY, 8 SEP 2016
TH Real Estate is buying a 33% stake in Myer Bourke Street in Melbourne for $151.3 million. The stake is being acquired from the Myer Family and is being invested alongside two existing investors. The global property investment specialist describes ...

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation ...

Tribeca to compete with overseas hedge funds

ALEX BURKE  |  WEDNESDAY, 7 SEP 2016
Tribeca Investment Partners has launched a Cayman vehicle for its Global Natural Resources Fund to meet international investor demand. The fund, a global long-short natural resources strategy, primarily focuses on large cap equities but invests in other ...

Atrium appoints distribution head from Morningstar

ALEX BURKE  |  WEDNESDAY, 7 SEP 2016
Atrium Investment Management has appointed a new head of distribution. Nigel Crampton joins Atrium from Morningstar, where he was head of sales. Prior to that, he was a strategic business manager at Macquarie, having held other roles at the group including ...