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Showing 5731 - 5740 of 14214 results for "Interest"

Melbourne boutique shutters under passive pressure

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
The rise of passive investment and superannuation fund internalisation has led to a Melbourne-based Australian equities boutique terminating its only fund. In a letter to unitholders, Concise Asset Management said it has reluctantly decided to wind ...

Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
... use it to process complex data in a better way. One-in-five (22%) said the ability to automate workflows is propelling interest in machine learning. However, there is still not enough expertise in the area, according to 33% of respondents. Two other ...

SMSF balance gap to close: Report

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
The superannuation reforms could narrow the growing self-managed super fund balance gap between male and female members, latest Class insights show. Men typically have 37% more assets than women, and between the ages of 60 and 80 men can retire with ...

The BOJ's boring Halloween

BENJAMIN ONG  |  WEDNESDAY, 1 NOV 2017
... conclusion of its 30-31 October policy meeting, the Japanese central served treats: As expected, it kept policy unchanged - interest rate at -0.1%; 10-year JGB yield target at around 0% and asset purchases at annual pace of ¥80 trillion - and promised ...

Legg Mason hires national BDM

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... in March to the head the Sydney office. Legg Mason Australia managing director Andy Sowerby said: "We have sustained interest and growth across our fund range and it is important that we build our resources to continue support our clients effectively." ...

Managed accounts platform doubles FUA

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... growth was based on referrals only, with specific demand from advisers seeking a better way to manage their FoFA best interest obligations. WealthO2 aims to eradicate conflicts of interest and deliver advice more affordably, she said, adding advisers ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... in the past year. "[CFS] is working closely with partners to expand its product range and is expecting to see strong interest from advisers in these products as customers increasingly seek to address longevity risk," Chun said.

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... November. Unlike America and Japan, the UK's has seen strong growth and above target inflation. But unlike in America where interest rates were "promised" to be lifted in December, and unlike Japan's easy money policy until inflation target is reached ...

Janus Henderson recruits credit strategist

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... Investors' head of portfolio management will join Janus Henderson Investors in the New Year. Joining the Australian Fixed Interest team as a credit strategist, Shan Kwee will commence in the new role from January 2018. Kwee will focus on the effective ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
A Melbourne-based financial advice firm is the first to be penalised for breaching the best interests duty, slapped with a $1 million fine by the Federal Court. NSG Services, currently named Golden Financial Group, was found on eight separate occasions ...