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Showing 611 - 620 of 1559 results for "Round"

Bennelong appoints new CSO in leadership shuffle

ALEX BURKE  |  FRIDAY, 4 AUG 2017
Bennelong Funds Management made a round of new appointments, including a chief strategy officer. Promoted to chief strategy officer is Hamish Wood. He was previously Bennelong's head of finance, having joined the firm in 2012 as head of operations and ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
Investment managers and asset owners will face stricter reporting and transparency rules following the launch of Australia's first Internal Governance and Asset Stewardship Standard. The Standard, administered by the Financial Services Council (FSC) ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
Australian fund managers could see additional offshore funds flow into the sector following the Federal Government's commitment to clarify two key pieces of taxation policy. Announced by Minister for Revenue and Financial Services Kelly O'Dwyer this ...

Digital revamp for Citi wealth arm

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
Citi Australia's wealth management and advice arm is ramping up its digital offerings in an effort to be a leader in the region. Speaking at a Sydney media roundtable yesterday, Citi Australia head of consumer banking in Asia Pacific, Anand Selva, said ...

VicSuper launches digital advice free from super speak

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
Members of VicSuper now have free access to round-the-clock financial advice via an online coach, providing guidance on superannuation and retirement. Designed to improve member engagement, the Beeline service offers members direction around additional ...

Looking ahead key to flipping bad money habits

JAMIE WILLIAMSON  |  MONDAY, 10 JUL 2017
... immediate rewards, showing our brains can be trained to be financially smarter. "When putting participants through the first round of financial scenarios, the results showed that it took a large sum of money to tempt people into depositing money versus ...

Macrovue appoints former Arena MD

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... access to a broad range of choices to suit their needs," Macrovue chief executive Sid Sahgal said. The oversubscribed funding round also included AMP, Inception Asset Management and a number of other high net-worth investors. Macrovue enables users to ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
It appears Australian equities will end the final day of FY2016-17 with an EOFYS (end of financial year sale) gauging from the heavy selling on Wall Street and Europe overnight. The S&P 500 index closed 0.9% lower last night (the Nasdaq even more, down ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... long-horizon investor can significantly reduce transaction costs by avoiding the unnecessary turnover of stocks, as well as round-trip decisions (firing and replacing managers) which on average can dent returns up to 1% over three years.

BlackRock snares share of robo-adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
... firm's advisory board to assist its strategy to expand further into the European market. BlackRock led the recent second round of capital raising, bringing the total funds received by Scalable Capital to €41 million. Olson said the investment in Scalable ...