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Showing 551 - 560 of 1043 results for "Mutual"

PROFILE: Magellan chief investment officer Hamish Douglass

MARK SMITH  |  WEDNESDAY, 9 SEP 2015
... because we couldn't give away our holdings every day. We've agreed to the disclosure regime that is in place for retail mutual funds in the US. Every quarter we release our full portfolio with a delay of no more than two months." Douglass says that the ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
... the Edison International defined contribution pension plan "acted imprudently by offering six higher priced retail-class mutual funds as plan investments when materially identical lower priced institutional-class mutual funds were available." The court ...

HUB24 appoints former FSC director

ALEX BURKE  |  THURSDAY, 3 SEP 2015
... Services Council (FSC). Tony McDonald joins the HUB24 board having held previous roles at SFG, Jardine Fleming and Pacific Mutual Australia. He co-founded the Snowball Group advice firm in 2000, which became SFG Australia after merging with Shadforth ...

Australian Unity acquires four practices

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... in addition to its open approved product list and accountant partnership program. He added that Australian Unity is "a mutual organisation focused on improving the financial wellbeing of our clients and not a bank or life insurance company." "Australian ...

Kinetic Super chief executive steps down

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
Kinetic Super's chief executive stepped down from her role effective immediately and an interim chief executive will be announced shortly. Megan Bolton's departure was mutually agreed between herself and the board, the super fund said in a brief statement ...

APRA workload for boards does not rate

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
Meetings between the Australian Prudential Regulation Authority (APRA) and company boards are considered good value yet the workload placed on boards by the regulator does not rate highly. This is the view of more than 450 directors from deposit-taking ...

FEATURE: Alternatives - Taking the plunge

ALEX BURKE  |  TUESDAY, 28 JUL 2015
Declining bond yields, an uncertain equities landscape and an appetite for diversification are driving institutions towards alternative assets. Alex Burke investigates whether this is the right idea. When Perpetual acting general manager for regulated ...

HK funds market just ahead of Australia

ALEX DUNNIN  |  WEDNESDAY, 22 JUL 2015
... three quarters of assets managed in Hong Kong are invested in Asia, noted the report. "The launch of the Mainland-Hong Kong Mutual Recognition of Funds scheme on 1 July will further encourage growth in this area and promote Hong Kong as a fund domicile ...

Decimal and P&N announce advice partnership

ALEX BURKE  |  TUESDAY, 7 JUL 2015
Financial services software provider Decimal and Western Australian mutual bank P&N have entered into a partnership to provide online advice services to customers. This is Decimal's first partnership with a mutual bank and forms part of P&N's strategy ...

FEATURE: Beyond Beta

LAURA MILLAN  |  TUESDAY, 7 JUL 2015
This year, Vanguard overtook PIMCO as the world's largest mutual bond fund. But the wars between active and passive investment are not over. In a world where lower for longer is the new normal, active managers argue they are the only ones who can bring ...