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Showing 511 - 520 of 2284 results for Alex Burke

Contribution caps cause SMSF cash surge

ALEX BURKE  |  THURSDAY, 17 AUG 2017
Reduced contribution limits caused a significant upswing in self-managed superannuation fund cash allocations in the 2017 financial year, according to SuperConcepts research. As at June 30, the average SMSF comprised 19.8% cash (up from 18%), 12% fixed ...

Northern Trust wins asset servicing mandate

ALEX BURKE  |  THURSDAY, 17 AUG 2017
Northern Trust won an asset servicing mandate from an Australian equities boutique. JCP Investment Partners, having appointed Equity Trustees as responsible entity for two of its funds earlier this month, picked Northern Trust to provide global custodial ...

Emerging markets need a rethink

ALEX BURKE  |  WEDNESDAY, 16 AUG 2017
MSCI's definition of emerging markets doesn't necessarily represent the actual growth in emerging economies, according to LGM Investments chief investment officer Thomas Vester. LGM, which is a subsidiary of BMO Global Asset Management, is ramping up ...

UK manager partners for Aussie distribution

ALEX BURKE  |  WEDNESDAY, 16 AUG 2017
A UK asset manager specialising in delivering alpha through environmentally-friendly investments is partnering with an Australian business to market its capabilities to wholesale investors in Australia and New Zealand. Osmosis Investment Management ...

Merged asset manager appoints Australian leadership

ALEX BURKE  |  TUESDAY, 15 AUG 2017
The Australian leadership team for the finalised merger of two global investment managers, collectively representing $998 billion in assets, has been named. Aberdeen Asset Management and Standard Life, whose merged asset management business is now known ...

Blue Sky profits underscore alternatives opportunity

ALEX BURKE  |  TUESDAY, 15 AUG 2017
Blue Sky Alternative Investments reported a 97% boost in statutory net profit after tax to $20.7 million in its annual results, an outcome managing director Robert Shand believes underpins the firm's value proposition to clients looking for opportunities ...

Government names advice standards chief

ALEX BURKE  |  MONDAY, 14 AUG 2017
The Financial Adviser Standards and Ethics Authority (FASEA) is welcoming its inaugural chief executive. Deen Sanders, currently assistant commissioner of the Professional Standards Authority of Australia, will take on the role at FASEA on September ...

BlackRock takes majority stake in Australian solar farm

ALEX BURKE  |  FRIDAY, 11 AUG 2017
BlackRock Real Assets has acquired a majority interest in a Queensland solar energy project, representing one of Australia's largest solar portfolio financings to date. Financed through BlackRock Real Assets, the 150MW and 50MW solar farms are expected ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Alongside its annual results which report a slight dip in net profit, Magellan Financial Group officially highlighted its plan to launch an initial public offering for a new ASX-listed investment vehicle. The Magellan Global Trust will target a 4% cash ...

Aura appoints new head of distribution

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Having recently boosted its financial planning network through an acquisition, Aura Group is also welcoming a new head of distribution. Chris Faddy joined Aura in May from Vantage Point Asset Management, where he was head of distribution and client ...