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Showing 5401 - 5410 of 8184 results for "Institutional"

NAB Asset Servicing appoints Citi as global custodian

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
After months of speculation National Australia Bank Asset Servicing (NAS) has announced the appointment of Citi as its global custodian. NAB executive general manager asset servicing, Matt Brown, said the firm's focus on sourcing the "best global capability ...

JPM awarded industry fund research mandate

LAURA MILLAN  |  WEDNESDAY, 4 NOV 2015
... and research teams," the fund's manager of dynamic asset allocation Alastair Sloan said. JPMAM head of Australia institutional Stephen Alcorn said: "It's been the culmination of two years working closely with the Sunsuper investment team to construct ...

GBST partners with MSCI for after-tax services

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
Listed wealth management platform provider GBST has formed a partnership with MSCI to expand global equities after-tax calculation services at the indexing firm. The collaboration will, for the first time, see after-tax calculations made available on ...

Super fund returns fall again in September

MARK SMITH  |  WEDNESDAY, 4 NOV 2015
The SelectingSuper workplace default option MySuper Index fell again during September with the 12 month rolling performance sliding during the month from 6.5% to 6.0% by month's end. This drop in rolling annual returns was on the back of the 3.0% fall ...

PROFILE: REI Super chief executive Mal Smith

DARREN SNYDER, LAURA MILLAN  |  WEDNESDAY, 4 NOV 2015
REI Super is home to the superannuation funds of Australia's real estate sector. Running one of the country's oldest funds is full of memorable experiences, some tough moments and rewarding interactions with members, chief executive Mal Smith says. ...

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
The big four banks' wealth businesses benefitted from a lower Australian dollar and a strong performance in investment markets for most of the year but generating acceptable return on equity (ROE) remains a challenge. Presenting EY's analysis of Australian ...

Macquarie and CBA in global top 100

MARK SMITH  |  TUESDAY, 3 NOV 2015
... up from around US$4.6 trillion a decade ago. "It is hardly surprising that passive managers continue to attract institutional assets at such a rate, given the competition for seemingly ever-diminishing returns as well as significant innovation in the ...

Swiss Re to use artificial intelligence in underwriting

ALEX BURKE  |  TUESDAY, 3 NOV 2015
Swiss Re has announced it will partner with IBM to make use of its Watson artificial intelligence technology. The first Swiss Re business line to use this "cognitive computing" service will be life and health reinsurance, and according to Swiss Re's ...

Class amends IPO after AMP acquisitions

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
Class, the self-managed superannuation fund administrative software provider, has lost about 10,500 billable SMSF portfolios from its customer base following two acquisitions announced by AMP. AMP has informed Class it will be moving the SMSF portfolios ...

Sunsuper renews AIA mandate

ALEX BURKE  |  TUESDAY, 3 NOV 2015
Sunsuper has announced it will extend its partnership with AIA Australia to 2020. As a result, AIA will continue to provide death, total permanent disablement and income protection insurance to Sunsuper members beyond the original July 2016 deadline. ...