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Showing 5391 - 5400 of 10554 results for "BEI"

J.P. Morgan wins in $5bn NZ custody review

ALEX BURKE  |  TUESDAY, 22 MAR 2016
J.P. Morgan has been re-selected by Annuitas for custody over the roughly $5 billion in assets in New Zealand's National Provident and Government Superannuation Funds. Annuitas was established in 2001 as a joint venture between the two funds and provides ...

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
New entry and licensing requirements for SMSF auditors and accountants from July 1 will likely result in many funds being wound up, according to industry consultant John Wiseman. Wiseman noted that, as at December 2015, SMSFs represented 30% of the ...

Berkshire-owned Gen Re to close Melbourne office

ALEX BURKE  |  MONDAY, 21 MAR 2016
Berkshire Hathaway Insurance's Gen Re will close its Melbourne office and several other operations as part of a global property and casualty business restructure. Gen Re's statement said that "smaller" business operations - including the Melbourne office ...

Lonsec and Zenith upgrade Fidelity ratings

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
Lonsec has upgraded the Fidelity Future Leaders Fund to "Highly Recommended" and Zenith has increased its rating of Fidelity's Australian mid- and small-cap fund managed by James Abela to "Recommended". In a statement Lonsec said, "James Abela is a ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

Quant hedge fund arrives down under

DARREN SNYDER  |  MONDAY, 21 MAR 2016
Launching in Australia this week is a crowd-sourced quantitative hedge fund that was originally conceived as a way to "hack Wall Street". US-based Quantopian is an investment firm that provides an open platform where anyone can research, back test and ...

Charities must go corporate or face extinction: Koda

MARK SMITH  |  FRIDAY, 18 MAR 2016
Australian charities must make corporate-minded changes or risk facing extinction, according to wealth manager Koda Capital. In a new white paper, 'Preparing for the Future - Do or Die for Non-Profit Boards', the company predicts many charities risk ...

Research shows ethical investing at tipping point

KERRIE SYDEE  |  FRIDAY, 18 MAR 2016
Six million working Australian's are "highly ethically active" according to research conducted by Australian Ethical, which the asset manager said would lead to mainstream products adopting tighter ESG screens. Australian Ethical predicted that the ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Statewide chair collects AIST Trustee of the Year

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Statewide Super independent chair Juliet Brown has collected the Australian Institute of Superannuation Trustees (AIST) Trustee of the Year. Presented the award at the Conference of Major Superannuation Funds in Adelaide, AIST president Angela Emslie ...