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Showing 581 - 590 of 1312 results for "GAM"

BNY Mellon strengthens insto team

EMMA RAPAPORT  |  MONDAY, 20 FEB 2017
Multi-boutique asset manager BNY Mellon Investment Management is welcoming Denis Gambi as director of institutional business, Australia. Gambi will focus on the institutional, corporate, government and ultra-high net worth segments, providing investment ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

UniSuper partners to bridge financial literacy gap

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
In response to a gap in financial literacy highlighted in member surveys, UniSuper recently launched two education initiatives. The $58 billion fund partnered with T. Rowe Price to make its successful US program, Money Confident Kids, available to UniSuper ...

Super playing dangerous risk game: Milliman

ALEX BURKE  |  MONDAY, 23 JAN 2017
The long-term investment horizon favoured by superannuation funds is putting Australia's ageing population at risk, according to a new Milliman paper. The paper argues that the priority on long-term net returns highlighted in the Productivity Commission's ...

Lonsec highly recommends Martin Currie ethical fund

ALEX BURKE  |  FRIDAY, 20 JAN 2017
Lonsec gave the Legg Mason Martin Currie Ethical Income Fund a "highly recommended" rating. The fund, which uses a bottom-up approach to invest in Australian shares with a responsible investment screen, excludes companies with business involvement above ...

BetaShares develops new ethical ETF

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2017
BetaShares launched an ETF to provide investors with exposure to a portfolio of the world's top sustainable and ethical companies in one trade. The BetaShares Global Sustainability Leader ETF (ETHI) is the first global equities ETF available via the ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...

A-dollar rising

BENJAMIN ONG  |  MONDAY, 16 JAN 2017
Aussie! Aussie! Aussie! Oi! Oi! Oi! Australia's legal tender is again doing the rounds of the headlines. Disappointment over Trump's press conference last week - he talked and talked about everything except about his economic policies - brought the ...

Online lender appoints new CFO

EMMA RAPAPORT  |  THURSDAY, 12 JAN 2017
The former chief financial officer at SocietyOne is joining another online lender as its new CFO. OnDeck Australia, an online lender specialising in small business loans, has appointed Jerry Yohananov as its new CFO. Yohananov has more than 25 years' ...