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Showing 6371 - 6380 of 20555 results for "BEN"

IMAP awards managed accounts excellence

KARREN VERGARA  |  THURSDAY, 2 AUG 2018
The Institute of Managed Account Professionals recognised the best investment managers, licensees and providers facilitating the rapid growth of the industry at its inaugural awards ceremony last night. Held at Sydney's Dockside at Cockle Bay Wharf ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... general, the survey signaled a weakening manufacturing trend as a grim export market dragged on the sector's performance." Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
ARCO fund manager George Colman says the absolute return fund has taken a "modest" net short position on Australian financials, as he sees regulatory developments compounding the spike in wholesale funding costs and credit cycle risks. Regional banks ...

BNP Paribas AM sells Arnhem stake, appoints new investment manager

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
BNP Paribas Asset Management has sold its 40% stake in Arnhem Investment Management ahead of the fund manager's closure, with the Arnhem Australian Equity Fund to be transferred to a specialist wholesale investor. On July 27, the fund's responsible ...

Schroders chief steps down

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
The chief executive at Schroders Australia is stepping down after more than a decade at the helm. Greg Cooper will exit the firm at the end of the year and Chris Durack, currently chief executive of Schroders Hong Kong, will return to Australia to assume ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... killed off exit speculations by removing the timing of when it expects to reach its inflation target only a few months before. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

CBA Group Super appoints CIO

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
Commonwealth Bank Group Super has promoted from within to appoint its new chief investment officer. Acting in the chief investment role since March 2017, Ruwanie Dias was promoted to permanently oversee more than $11 billion at the corporate superannuation ...

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
Adviser Ratings is proposing a new rating system for Australia's 1800 financial advice licensees that could potentially predict instances of misconduct. The new system, outlined in a new white paper, will see licensees rated in two ways; the first using ...

Funds management veteran joins First State Super

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
First State Super appointed a funds management veteran to its investment committee which oversees $90 billion in retirement savings. Michael Cole is the first non-trustee to join First State Super Trustee Corporation. He currently serves as chair of ...