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Showing 5791 - 5800 of 19588 results for "RIS"

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
VanEck has launched a new model portfolio, set on generating income of at least 2% more per annum than the consumer price index. The ETF provider has drawn on research house Lonsec's portfolio construction expertise to strategically allocate assets ...

Insurers halt sales to fire-affected areas

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
Two of the nation's largest insurers have temporarily halted sales of insurance policies to fire-affected areas in New South Wales and Victoria. Suncorp and IAG have put a temporary embargo on areas across both states in a move to stop people from panic-buying ...

GAM partners with SimCorp

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
GAM Investments has signed a new long term licence agreement with investment management solutions provider SimCorp. The global asset manager will partner with SimCorp to consolidate its external front and middle office systems on to a single platform. ...

Former RBC I&TS lead joins tech firm

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
The former managing director of RBC Investor & Treasury Services has been named chief executive of a financial advice technology provider. David Travers has joined Fourth Line, a risk management and compliance regtech solution as its chief executive. ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
The world economy would advance by 2.5% this year, a tad stronger than the "post-crisis low" of 2.4% estimated for 2019. This is the World Bank's prediction contained in its January 2020 'Global Economic Prospects' report, noting that: "While ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
A $12 billion industry superannuation fund has continued its shift towards a more independent board, adding a new director. Local Government Super appointed experienced director Claudia Bels to its board, as the fund continues to broaden the diversity ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
Market Forces has put UniSuper on the chopping block in a divestment campaign aimed at pressuring the fund to ditch shares in fossil fuel companies. "UniSuper does not have fund-wide exclusions on fossil fuel investments of any kind. Instead, it claims ...