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Showing 41 - 50 of 90 results for %22Objective Corporation%22

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
A landmark Federal Court judgment has provided greater clarity between general and personal financial advice, ruling in favour of Westpac's position. Yet the bank still managed to breach the Corporations Act. Judge Jacqueline Gleeson said ASIC failed ...

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
... management business CFSGAM was excluded from the demerger and sold to Japanese bank Mitsubishi UFJ Trust and Banking Corporation (MUTB) in a transaction expected to settle in mid-2019.

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... Neuberger Berman won the customised mandate and its principal strategies group will oversee the investments. The mandate's objective is to generate uncorrelated absolute returns arising from mispricing opportunities related to corporate activity such ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... matters to the administrative appeals tribunal (AAT) or the courts because proceedings take too long, she said. APRA's objective of ensuring financial system stability is "not readily reconciled with being an effective conduct regulator," Hodge observed. ...

Insto investment committees step away from status quo

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... first is that overall investment objectives are misaligned because each asset class is only optimised to its individual objective - and the strategy then becomes one dimensional through an outperformance measure. The second issue is the little ability ...

Active manager launches credit strategy

DARREN SNYDER  |  TUESDAY, 5 DEC 2017
... led by senior investment manager Phil Strano, who joined the firm in May 2017 from the Victorian Funds Management Corporation (VFMC), where he successfully ran a similar portfolio from 2010. Strano will be supported by head of Australian fixed income ...

US firm hires QIC analyst in Australian expansion

ALEX BURKE  |  THURSDAY, 30 NOV 2017
... Strategies from QIC, where he was a quantitative strategist. Prior to that, he was a quantitative analyst at Stanwell Corporation. Priest joins fellow QIC alumni Rob Wood and Tony Mackenzie at Jacobi - the latter of whom co-founded the business having ...

QIC receives $200m green loan

EMMA RAPAPORT  |  THURSDAY, 23 NOV 2017
... improvements in energy performance across the portfolio. Specialist clean energy financier the Clean Energy Finance Corporation will invest $200 million in the fund to, amongst other things, install rooftop solar PV and LED lighting, upgrade heating ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... such as car insurance, but there is scope to include life insurance - an area that needs greater focus, he said. The objective is to embed financial literacy elements into maths, science, economics and so on, and not set it up as a separate subject across ...

Advice business offers enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
Financial Index Australia entered into an enforceable undertaking with ASIC after an investigation found advisers had moved clients into more expensive, FIA-branded products without reason. ASIC identified a number of issues within FIA's financial advice ...