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Showing 5971 - 5980 of 15789 results for "TER"

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
Could it be? Could it be that Westpac's chief economist Bill Evans has just gotten one up on me? Nah Virginia, me don't want to "kill Bill", we economists may not see eye to eye but we stick together. More so that Bill's come around to my ...

Escala bought by growing US firm

JAMIE WILLIAMSON  |  THURSDAY, 21 FEB 2019
Escala Partners is set to be acquired by a US-based wealth manager looking to expand its international footprint. Focus Financial Partners has entered into a definitive agreement to acquire Escala, with the deal seeing Focus' presence in the ultra-high ...

Ausbil launches dividend income fund

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
The $11 billion equities manager has launched a fund that will invest in S&P/ASX 200 companies with the aim of paying monthly distributions. The Ausbil Active Dividend Income fund will generate dividend income through cyclical opportunities, earning ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The corporate regulator is anticipating a number of criminal actions to stem from its investigations into misconduct revealed at the financial services Royal Commission. Providing an update on its enforcement work in relation to the Royal Commission ...

Opportunities outweigh threats when it comes to SMSFs

HARRISON WORLEY  |  WEDNESDAY, 20 FEB 2019
Threats to the SMSF sector certainly exist, but they are outweighed by opportunities, according to the Self-Managed Super Fund Association. Opening the SMSF advocacy body's national conference in Melbourne this morning, a panel of industry experts discussed ...

New TPB chair welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The Federal Government has named the new chair of the Tax Practitioners Board. Ian Klug is set to take over as chair of the TPB, replacing Ian Taylor who has served in the role for six years. Klug was a partner at Pitcher Partners for 18 years to 2008 ...

Family office backs new boutique

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Three founding members of Macquarie's Asian listed equities division are set to launch a boutique with the backing of a prominent family office. Sam Le Cornu, who was Macquarie's Asian listed equities business' co-head, executive director and head of ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
IOOF's bottom line will take a hit from the newly legislated Protecting Your Super package and the proposed removal of grandfathered commissions. Acting chief executive Renato Mota and chief financial officer David Coulter told an investor briefing ...

Super fund awards $275 million mandate

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
A $195 billion asset manager secured a $275 million mandate from an undisclosed superannuation fund. The super fund is investing in GAM's systematic risk premia strategy which typically targets around 15 risk premia strategies across the categories ...