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Showing 541 - 550 of 1244 results for "Wester"

Pension funds globally face solvency issues

DARREN SNYDER  |  WEDNESDAY, 25 NOV 2015
Many pension funds and insurance companies around the world are staring insolvency in the face unless they adopt measures that address an imbalance between assets and liabilities. This is the view of OECD director financial and enterprise affairs, and ...

PROFILE: Blue Sky managing director Mark Sowerby

MARK SMITH  |  MONDAY, 19 OCT 2015
Slathered in Vaseline and leaping from a tiny pilot boat to embark on a gruelling 14 hour swim of the chilly English Channel might seem a far cry from running an alternative investment business out of sunny Brisbane, but Blue Sky founder and managing ...

Towers Watson wins public sector fund mandate

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Towers Watson has been appointed as the asset consultant to a public sector fund's investment portfolio after a tender process. WA Super chief executive John McNally said the $2.5 billion fund chose Towers Watson to provide investment consulting "given ...

Aussies in top five for cashless transactions

DARREN SNYDER  |  WEDNESDAY, 7 OCT 2015
Australians have recorded the fourth highest number of cashless transactions per capita worldwide according to the latest report from Capgemini. The consulting and outsourcing firm's annual World Payments Report suggests cashless payments are forecasted ...

Australian Unity strengthens Diversified Property Fund

STAFF WRITER  |  TUESDAY, 6 OCT 2015
The Australian Unity Diversified Property Fund has purchased an industrial property in Melbourne's south east for $15.1 million. The property, 19 Corporate Avenue, Rowville, is a 20,950 square-metre site which incorporates a modern, 12,300 square-metre ...

BlackRock adds to distribution team

STAFF WRITER  |  TUESDAY, 29 SEP 2015
BlackRock has expanded its distribution team with the appointment of a new regional sales head from Aberdeen Asset Management. Kate McDermott has joined the fund manager as director and head of southern region sales within its Wealth Advisory group. ...

PIMCO launches bank capital fund

MARK SMITH  |  MONDAY, 28 SEP 2015
Bond giant PIMCO has launched a new global bank capital fund which aims to reduce risk for investors with large exposures to the big Australian banks. The PIMCO Capital Securities Fund offers investors a long-term, strategic allocation to the global ...

CIO says low bond market rates to continue

DARREN SNYDER  |  MONDAY, 28 SEP 2015
Western Asset Management chief investment officer Ken Leech believes the bond market will have reasonably low rates for longer than market participants thought at the beginning of 2015. Leech said the normalising of interest rates by the US Federal ...

AIA builds team to focus on adviser distribution

LAURA MILLAN  |  WEDNESDAY, 23 SEP 2015
AIA Australia has appointed six members to its distribution team to boost its support resources to advisers. Bruno Santos, Josh Lawrence, Simon Bennett, Reon Botha, Johnny Ng and Deborah Clayton-Ford will be in charge of assisting advisers to grow their ...

IOOF appoints head of best advice

LAURA MILLAN  |  MONDAY, 14 SEP 2015
IOOF has appointed an SFG Australia executive to the role of head of best advice, following media leaks that revealed misconduct within the advice research division. An IOOF spokesperson confirmed to Financial Standard that Paul Cullen will be IOOF's ...