Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5741 - 5750 of 22790 results for "Funds"

Frontier Advisors eyes international clients

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... emerging institutional clients. Frontier Advisors is the second-largest asset consultant in the not-for-profit superannuation funds. And it wants to diversify its clientele, as more superannuation funds merge, build in-house investing capabilities and ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... across three asset classes: international credit, sovereign bonds and global equities. The allocations sit in multi-asset funds and some standalone funds from ANZ Investments and OneAnswer. The total amount is understood to be about $5 billion. Vanguard ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... island in the English Channel) that a Guernsey citizen should be questioned in relation to managing one of the Trio Capital funds. Shipton did not reply. "VOFF is angry because while Mr Shipton didn't take five minutes to help 1000 Australians who are ...

Powerwrap exec jumps to Insync

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
The head of distribution at Powerwrap has moved into a new executive role at Insync Funds Management. Following Powerwrap's acquisition by Praemium, Wes Gillett has been appointed national distribution manager at Insync. Gillett was head of distribution ...

Crackdown on SAN misuse continues

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... said the agent's behaviour was uncovered after an auditor reviewed their client lists from multiple years and noticed funds listed that they had not audited. The auditor then got in contact with the ATO and the agency was able to take the appropriate ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... HUB24's position as a leading specialist platform provider and technology services business while building scale in platform funds under administration," HUB24 said. "FUA across the combined group is expected to increase to $42 billion ($28 billion ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
The Federal Court has frozen the funds of a suspected investment scammer and ordered the winding up of two unlicensed financial services businesses, upon referral from the Australian Securities and Investments Commission (ASIC). The Federal Court has ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... will focus on scoping assets for the EG Australian Core Enhanced (ACE) and High-Income Sustainable Office Trust (HISOT) funds and mandates. He will also work on investor relationships across the funds. Aakriti Chona is moving to assistant fund manager ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... achieved "remarkable growth through replacing legacy and complex workflows with truly innovative solutions for its clients." Funds affiliated with the group will support Calastone in accelerating its growth, including broadening its product suite, technology ...