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Showing 641 - 650 of 1117 results for "MIT"

Daintree launches fixed income trust

KARREN VERGARA  |  FRIDAY, 9 JUN 2017
Boutique investment manager Daintree Capital launched its inaugural fixed income trust. The Daintree Core Income Trust is a diversified, absolute return portfolio aiming to provide a monthly income stream and capital stability, director and portfolio ...

Former Garvan adviser banned for $2.4m theft

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
A jailed former authorised representative of Garvan Financial Planning was permanently banned by ASIC for misappropriating client funds. Patrick Simon Mitchell was banned by the regulator, having been sentenced to eight years in prison after pleading ...

Super funds must do more digitally

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2017
Digital advice is seen as a must by 80% of superannuation funds, yet less than 20% have engaged in or are looking to implement digital advice. A majority of super funds have only begun investing in online strategies in the last three years. New findings ...

Aussie hedge fund eyes US expansion

ALEX BURKE  |  FRIDAY, 19 MAY 2017
An award-winning Australian hedge fund manager is setting up shop in the US with a Manhattan office and new local and international hires. NWQ Capital Management, based in Perth and led by managing partners Jonathan Horton and Stuart McClure, has appointed ...

Investment trusts receive affordable housing concessions

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... discount below the private rental market rate." Foreign investors will be able to benefit from reduced tax rates under the MIT withholding tax regime - which is generally a final rate of 15% on fund payments - assuming they're investing from a country ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
About a third (31%) of self-managed super fund members will be adversely affected by the impending superannuation reforms - not 4% the government grossly underestimated in last year's budget. A new report from SMSF software company Class found Baby ...

Vanguard reduces fees, revises multi-asset strategy

ALEX BURKE  |  TUESDAY, 9 MAY 2017
Vanguard Australia will slash fees across its multi-asset suite and revise the funds' strategic asset allocation for the first time since 2013. From July, five wholesale diversified funds will have management expense ratios reduced to 0.29%. These funds ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
Industry associations across financial services have warned against the introduction of a government-appointed panel to select the eligibility of superannuation products for employer or employee choice. In various submissions to the Productivity Commission's ...

Human rights considerations are good for investors

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
Investors should consider human rights risks to be equally as important as political risks when making investment decisions. A new report from the Australian Human Rights Commission (AHRC), in collaboration with professional services firm EY, says the ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
Australia's inflation numbers are out! And it's got something for everyone - hawks, doves and in-betweeners - in terms of RBA monetary policy direction. This is because the Australian Bureau of Statistics' (ABS) consumer price index's latest report ...