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Showing 621 - 630 of 2259 results for Mark Smith

Almost everyone got a bonus this year, report reveals

MARK SMITH  |  THURSDAY, 11 JUN 2015
Asset managers and insurance professionals were most pleased with their bonuses in 2014/15, according to the recently published Morgan McKinley's Bonus Survey. Almost all financial services professionals received a bonus in 2014/15, with 41% getting ...

Managed funds jump $115 billion

MARK SMITH  |  THURSDAY, 11 JUN 2015
Managed funds grew by $115.2 billion in the 12 months to end of March, according to the latest report from researcher Plan For Life. Retail managed funds ended the year up $45.3 billion (or 14.4%) to total $742.7 billion. Most of the leading companies ...

Australia bottom of the class for portfolio disclosure

MARK SMITH  |  THURSDAY, 11 JUN 2015
Australia has come dead last in a study of portfolio disclosure standards across 29 countries. The Morningstar Global Fund Investor Experience Report assesses managed fund investor experiences in 25 countries (expanded to 29 for the published article) ...

Westpac restructure sees senior exec depart

MARK SMITH  |  WEDNESDAY, 10 JUN 2015
A senior Westpac executive has left the bank following a significant restructure of the management team. Jason Yetton, group executive of retail and business banking is leaving as two new divisions are created. The new consumer bank division will be ...

Vale Phil Spathis

MARK SMITH  |  WEDNESDAY, 10 JUN 2015
Phil Spathis, the co-founder of the Australian Council of Superannuation Investors (ACSI), has died following a lengthy illness. Spathis was a driving force behind the organisation, establishing it alongside the late Michael O'Sullivan. He was the first ...

MAX Award winners named

MARK SMITH  |  FRIDAY, 5 JUN 2015
The best and brightest financial services marketing, advertising and sales professionals were recognised at the MAX Awards in Sydney last night. At a gala dinner at the conclusion of the MAX Forum at Doltone House, professionals from the superannuation ...

Bond investors warned not to overlook defence

MARK SMITH  |  FRIDAY, 5 JUN 2015
While most fixed income investors recognise the need to take a more flexible approach to finding return in a threatening interest rate environment, T. Rowe Price head of international fixed income Arif Husain believes that most investors are overlooking ...

Don't rage against the machine

MARK SMITH  |  THURSDAY, 4 JUN 2015
Financial services professionals must embrace robo advice rather than fear it, according to industry research veteran Maggie Callinan. In her presentation at the recent MAX Forum in Sydney, former senior manager of investment research at Perpetual Private ...

Buy-back boom driven by loose Fed policy

MARK SMITH  |  THURSDAY, 4 JUN 2015
The record $133 billion in buybacks for S&P companies announced in April are an economic distortion resulting from years of accommodative monetary policy and could be costing shareholders long-term performance, according to BlackRock's US-based chief ...

Vanguard first to offer A-shares through ETF

MARK SMITH  |  WEDNESDAY, 3 JUN 2015
Vanguard Australia has become the first local exchange traded fund (ETF) provider to offer investors access to China mainland-domiciled and listed shares. Vanguard is broadening its FTSE Emerging Markets Shares ETF (ASX: VGE) to include the so-called ...