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Showing 661 - 670 of 3424 results for "SMI"

Saudi sovereign wealth fund flags US$3.5bn Uber investment

MARK SMITH  |  THURSDAY, 2 JUN 2016
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has invested US$3.5 billion ($4.8 billion) in ride sharing app Uber. The company will use some of the money, likely in the region of US$250 million, to help it expand in the Middle East. ...

Rabobank has new local chief executive

MARK SMITH  |  WEDNESDAY, 1 JUN 2016
Rabobank has appointed a new chief executive and managing director for its Australian and New Zealand business. Peter Knoblanche joins as chief executive of Rabobank Australia and managing director of the Rabobank Australia & New Zealand Group. He succeeds ...

Group risk premium inflows up 6.9%

MARK SMITH  |  FRIDAY, 27 MAY 2016
Overall group risk premium inflows increased 6.9% in the 12 months to the end of March 2016, the latest numbers from Plan For Life show. Of the larger companies in the group risk space, TAL, AIA and OnePath recorded the best flows with increases of ...

ASIC to run rule over mortgage commissions

MARK SMITH  |  THURSDAY, 26 MAY 2016
Mortgage brokers are next in line to have their commissions and non-monetary incentives scrutinised by the Australian Securities and Investments Commission (ASIC). According to reports, the regulator will over the next fortnight ask the big four banks ...

Dimensional launches ESG trust

MARK SMITH  |  THURSDAY, 26 MAY 2016
Global asset management firm Dimensional Fund Advisors has launched a Global Sustainability Trust in response to the increasing numbers of people looking to incorporate their views on environmental, social and governance (ESG) issues into their long-term ...

SMSF Association partners with Morgans to raise standards

MARK SMITH  |  THURSDAY, 26 MAY 2016
The SMSF Association has formed a new partnership with stockbroking and wealth management firm Morgans Financial to improve professional standards in the SMSF sector. The association and Morgans have committed to work together to provide a range of ...

BetaShares Managed Risk Series hits $200m

MARK SMITH  |  THURSDAY, 26 MAY 2016
ETF provider BetaShares has just surpassed $200 million in funds under management in its Managed Risk Series of ASX-traded funds. The success of the Managed Risk Series reflects the high growth of the Australian exchange-traded funds industry, which ...

Qualitas adds two directors

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Real estate investment management firm Qualitas has made two senior appointments to its Sydney team. Diana Saw joins as director, risk management, and Ivan Katz as director, private capital. The new roles have been created as the firm expands its Sydney-based ...

Vanguard launches Australian corporate bond ETF

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Vanguard Australia has launched a new exchange-traded fund (ETF) that offers investors a broadly diversified portfolio of quality corporate bonds. The Vanguard Australian Corporate Fixed Interest Index ETF (ASX: VACF) offers access to around 260 investment-grade ...

Omega wins institutional credit mandate

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Omega Global Investors has been awarded a $100 million global credit mandate by a $1 billion institutional investor. Uniting Financial Services, the funds management arm of The Uniting Church Synod of NSW and the ACT, appointed Omega on its ability ...