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Showing 6351 - 6360 of 20555 results for "BEN"

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the ...

Property fund makes $143m bid to internalise management

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The Aventus Retail Property Fund has floated a proposal to pay $143 million for its management functions to be internalised. The fund is currently managed by an external entity, and directors and its responsible entity see immediate benefits to earnings ...

First on the block: CBA to develop blockchain bond

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
Australia's biggest bank is set to deliver the world's first blockchain bond, in partnership with the World Bank. Commonwealth Bank (CBA) will deliver the first bond in the world to be created, allocated, transferred and managed using blockchain technology. ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The $30 billion public fund manager has chosen a former UniSuper head of public markets to chair its board, while another investment veteran is joining the board as a director. Both spots opened up when former South Australia Deputy Premier and Treasurer ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... surge in inflation. The New Zealand dollar is now trading at US$0.6595, down another 0.14% from when I started this piece. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
The majority of professionally managed funds in Australia are committed to responsible and ethical investments - a market that is close to approaching $1 trillion. Joint research from KPMG and Responsible Investment Association Australasia (RIAA) shows ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
Zenith Investment Partners has hired a former associate financial adviser as an investment analyst, continuing a hiring trend it started earlier this year. James Damicoucas spent two-and-a-half years as an associate financial adviser at Perpetual Private ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
Australians, all, there's now 25 million of us... and counting. The Australian Bureau of Statistics (ABS) reported that the country's population reached 25 million shortly after 11pm AEST on August 7. According to the report, population has ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
Zurich has named the executive team that will run its combined Australian life and investments business when its OnePath acquisition completes in early 2019. Long-time Zurich executive Tim Bailey will be the combined business' chief executive officer. ...