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Showing 631 - 640 of 2284 results for Alex Burke

Bringing funds management to the masses

ALEX BURKE  |  FRIDAY, 26 MAY 2017
The Financial Services Council is aiming to make Australia's funds management industry more palatable to younger everyday consumers, arguing that investing in a managed fund is easier than buying a house. The FSC's Value of Professional Funds Management ...

Concerned HNWs rolling back property exposure

ALEX BURKE  |  FRIDAY, 26 MAY 2017
Client feedback at boutique property fund manager Forza Capital suggests high-net-worth investors believe commercial property assets are fully priced. These investors are, as a result, selling off the assets and retaining the proceeds as cash rather ...

Insurance giant partners to combine life and health

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
One of Australia's largest life insurers is entering a joint venture with a not-for-profit health fund and a financial services provider to launch a new combined life and health insurance brand. AIA Australia is joining forces with health fund GMHBA ...

Praemium review clears Ohanessian

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
A comprehensive review of Praemium chief executive Michael Ohanessian's termination and subsequent reinstatement determined the previous board acted inappropriately and unreasonably. Praemium's new board, led by chair Barry Lewin, undertook a review ...

Western Asset hires investment specialist from UBS

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
Legg Mason affiliate Western Asset appointed a new investment specialist. Jonathan Baird joins Western Asset from UBS Asset Management's fixed income team, where he held the same role. Before that he was a senior investment analyst with Zenith Investment ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Azimut investment play gets Lonsec approval

ALEX BURKE  |  TUESDAY, 23 MAY 2017
The Australian asset management arm of Azimut Holdings, AZ Sestante, recently had one of its first Australian products rated by Lonsec. AZ Sestante operates as the responsible entity for the Sestante Australian Small Companies Fund, managed by Azimut ...

InvestmentLink launches goals-based advice platform

ALEX BURKE  |  TUESDAY, 23 MAY 2017
Financial data feed provider InvestmentLink is launching a new cloud-based platform targeted at financial planners looking to provide outcomes-oriented advice to clients. CashDeck uses InvestmentLink's data repository to allow clients to manage all ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses of ...

Iron magnate makes historic $400m pledge

ALEX BURKE  |  MONDAY, 22 MAY 2017
The Australian chair of one of the world's largest iron ore producers recently made the largest ever donation by a living Australian to a range of charitable causes. Fortescue Metals chair Andrew "Twiggy" Forrest, along with his wife Nicola, donated ...