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Showing 641 - 650 of 1190 results for "NAV"

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
GAM has reported an underlying full-year profit before taxes of just $16 million, announcing an overhaul of its group management team after what was a tumultuous year for the beleaguered Swiss manager. Announcing its full-year 2019 results overnight ...

Natural disaster support training to launch

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
TAL is preparing to launch a new training course to educate financial advisers in how to support clients suffering as a result of natural disasters. The life insurer will launch a new course through its Risk Academy training program to support clients ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
Financial advisers wishing to lend a helping hand to those impacted by the ongoing bushfire crisis can now sign up to be a part of the Financial Planning Association of Australia and Association of Financial Advisers joint pro-bono advice program. The ...

New head of wholesale at Fidelity

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
Fidelity has appointed a new head of Australian wholesale sales from Ellerston Capital, after Andrew Mathie left the role last year. Simon Glazier, who was Ellerston Capital's head of intermediated distribution and marketing since 2015, will join in ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
Fidelity has revealed plans to roll out client personality tests to financial advisers. The international fund manager released its Value of Advice report this week, with research from CoreData, which included insights into the personality types of ...

BlackRock appoints new chief operating officer

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
BlackRock Australia has appointed a new chief operating officer and created a new head of public policy role. BlackRock has confirmed Shane Flatman is vacating the role of chief operating officer of the Australian business. He has held the position ...

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
Australia's $168 billion sovereign wealth fund returned 14.3% last year, while warning that future returns will be lower. Future Fund left its allocations largely unchanged during the year, only taking away marginally from most asset classes to ...

MetLife appoints KPMG super director

ALLY SELBY  |  MONDAY, 20 JAN 2020
A director of superannuation advisory at KPMG is set to join MetLife in a newly created role. Wendy Tse will join MetLife in April as chief of staff and external affairs. She will advise MetLife's clients on regulatory and government affairs, as well ...

Regulation costly, time consuming: CSIRO

ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
The CSIRO has recommended a more lenient approach to regulation in the corporate world in a submission to the Senate Select Committee on Financial Technology and Regulatory Technology. The science body noted that Australia's strong regulatory environment ...