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Showing 5531 - 5540 of 8184 results for "Institutional"

BNP Paribas loses custody deal to RBC

LAURA MILLAN  |  WEDNESDAY, 23 SEP 2015
A $5.5 billion fund manager has ended its custody agreement with BNP Paribas and appointed Royal Bank of Canada (RBC). Bangarra Group-owned Bennelong Funds Management has appointed RBC Investor and Treasury Services as its new custodian an administrator ...

Super tax reform on hold for election

DARREN SNYDER  |  WEDNESDAY, 23 SEP 2015
Serious tax reform in finance is likely to be progressed in the next term of federal government according to Shadow Treasurer Chris Bowen. Speaking to the AFR Tax Reform Summit, Bowen said the change in federal government leadership was close to the ...

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... which, Moody's has just downgraded French government debt from Aa1 to Aa2 because "Taken together, low growth and institutional and political challenges to reforms make it unlikely that we will see a material reduction in the government's high debt burden ...

NZ Super weighs equity market capacity

DARREN SNYDER  |  TUESDAY, 22 SEP 2015
The New Zealand Superannuation Fund has provided an insight as to how it assesses the capacity of NZ equities managers considering the fund's significant allocation to the local share market. The Guardians of NZ Superannuation, the entity that manages ...

Club Plus Super appoints three senior execs

MARK SMITH  |  TUESDAY, 22 SEP 2015
... managers. Dooley's previous positions span more than two decades in the industry have included general manager, institutional business at Perpetual Investments; head of distribution and marketing for BT Financial Group's investment solutions department ...

No industry is immune from poor culture risk: ASIC

STAFF WRITER  |  TUESDAY, 22 SEP 2015
There are currently no sectors in the financial services industry immune from the risk of cultivating a poor culture, the Australian Securities and Investments Commission (ASIC) commissioner John Price said. Speaking at the 2015 Customer Owned Banking ...

PROFILE: BlackRock head of corporate governance Pru Bennett

ALEX BURKE  |  TUESDAY, 22 SEP 2015
... at Australian Airlines, which was bought by Qantas in 1992. At Qantas, she headed up investor relations, managing institutional relationships both before and after the 1995 float. "That was a very exciting time to be working there," she recalls, "and ...

Blue Sky scratches head lice from portfolio

LAURA MILLAN  |  TUESDAY, 22 SEP 2015
Blue Sky Venture Capital has exited a head lice treatment company after it entered into a $278 million commercial agreement with Indian-based Dr. Reddy's Laboratories. Blue Sky invested in Hatchtech in 2013 as part of a $12 million syndicate of Australian ...

Group insurers struggling with premium sustainability

ALEX BURKE  |  MONDAY, 21 SEP 2015
Sustainability of premiums in group life insurance is the biggest issue facing the industry, according to research by AIA Australia. AIA surveyed 105 respondents in the insurance and superannuation industries at its Group Insurance Summit in August ...

Japanese life giant to acquire rival

ALEX BURKE  |  MONDAY, 21 SEP 2015
Nippon Life has announced it has reached an agreement to acquire Mitsui Life. Following industry speculation in August that Nippon, Japan's second-biggest life insurer, was planning to acquire Mitsui in September, the two companies have jointly announced ...