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Showing 6071 - 6080 of 15789 results for "TER"

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
The 2019 Federal Budget is projected to deliver a $4.1 billion surplus, up from the $2.2 billion estimate in this year's Budget. Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
A small and mid-cap boutique set up by two former Paradice Investment Management portfolio managers has converted its $440 million strategy to a listed investment trust. Ophir Asset Management's High Conviction Fund has delivered 20.2% per annum ...

Super a money laundering target: AUSTRAC

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
Australia's money laundering watchdog is warning superannuation funds they are serious targets for financial criminals, and provided advice on how to avoid getting stung. AUSTRAC released a guidance paper to the superannuation sector, outlining the ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Investors who firmly believe that fixed income is a safety net in times of market volatility - and followed through by ditching equities - have been well-rewarded for their efforts. Investors in Australia who switched to bonds at the end of October ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
The employment contract of Freedom's new chief executive includes a $200,000 pay increase if he can secure the firm a life insurance licence. Former TAL general manager Sean Williamson began his tenure as chief executive of Freedom on 14 December. ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
Colonial First State has appointed a $600 million mandate as it reviews the manager lineup for its $3.8 billion multi-manager global equities fund. In a change that became active last Friday, Boston-based quant manager Arrowstreet Capital took over ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
A former Liberal Party leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson ...

Responsible investing rises on advice agenda

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The proportion of financial advisers who advise on responsible investing has almost doubled in the past two years, the latest industry survey reveals. The Investment Trends 2018 Adviser Product and Marketing Needs Report, which surveyed 766 Australian ...

Westpac executive remuneration voted down

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
Westpac received a first strike for its remuneration report after shareholders overwhelmingly voted against it at the annual general meeting in Perth yesterday. The proposed remuneration report for the year ended 30 September 2018 was cast down by 64.16% ...