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Showing 661 - 670 of 1880 results for "Darren"

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
The Federal Court granted ANZ and Macquarie's wishes to pay fines totaling $15 million for attempted cartel conduct in 2011. As suggested to the court, ANZ will pay $9 million - admitting it engaged in 10 instances of attempted cartel conduct in contravention ...

MySuper competition heats up: Rainmaker

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
MySuper is the new high-growth area for retail superannuation funds with attractive offerings competing directly with not-for-profit super funds. Rainmaker's September quarter MySuper report shows MySuper products operated by retail groups like banks ...

Super fund awards emerging markets mandate

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
Returning to the Australian institutional market last year, US asset manager ClariVest is now employing its emerging markets strategy with an industry superannuation fund. The EM strategy includes securities primarily selected from stocks traded in ...

Advice practices pass health check

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
Financial advice firms are better equipped to face future challenges following an industry shift from passive to actively managed businesses. This is one of several findings from a joint report released by Zurich and the Beddoes Institute, which goes ...

Virgin Super sees Mercer takeover

DARREN SNYDER  |  TUESDAY, 13 DEC 2016
Mercer will open a direct-to-consumer superannuation fund in the New Year as part of its takeover of Virgin Super. Providing Virgin Super with administration services since 2015, Mercer is extending its partnership to further craft and develop the $540 ...

Canadian pension fund enters AMP Capital property portfolio

DARREN SNYDER  |  TUESDAY, 13 DEC 2016
The billion-dollar New Zealand property portfolio managed by AMP Capital is welcoming its latest co-investor, a second Canadian pension fund. The Canada Pension Plan Investment Board (CPPIB) is acquiring a 50% stake from fellow Canadian owner, the Public ...

Secure your seat at Chief Economists Forum

DARREN SNYDER  |  TUESDAY, 13 DEC 2016
Ahead of the 2017 Financial Standard Chief Economists Forum, Principal Global Investors' Bob Baur says he is certain the US election changed the financial market's consensus narrative. "Before 8 November, the storyline was ultra-low interest rates ...

Aussie super funds building world-class investment teams

JAMIE WILLIAMSON, DARREN SNYDER  |  THURSDAY, 8 DEC 2016
Australian superannuation funds, on average, have the lowest number of in-house portfolio managers when compared across several global pension systems. Aussie super funds are reported to have an average of 18 in-house portfolio members, well below the ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
The superannuation industry backs Treasury's call to retain a separate external dispute resolution body. Association of Superannuation Funds of Australia chief executive Martin Fahy said the group welcomed Treasury's interim report of the financial ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
Industry superannuation funds are taking charge of the discussion around a new Senate inquiry aiming to address superannuation guarantee non-payments. Cbus and Industry Super Australia have released a report that suggests about 2.4 million or about ...