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Showing 6911 - 6920 of 19591 results for "RIS"

Hedge fund industry body promotes Aussie talent

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
An AMP Capital head has been promoted to chair the Australian board of a global industry body that represents more than $2 trillion of hedge fund or private credit assets. Alternative Investment Management Association's Australian board will now ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
Beleaguered Blue Sky Alternative Investments will sell its retirement living funds and its 50% stake in Aura Holdings, the operator of the retirement living business. Blue Sky today announced it signed a binding agreement with an offshore institutional ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
It may still be early days but the Bank of Japan's (BOJ) "tweaking" of monetary appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary ...

Smart beta on the rise: Van Eck

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
The use of smart beta has increased in recent years with latest research showing 57% of financial professionals are implementing these strategies in client portfolios. According to Van Eck's annual smart beta survey, 68% of financial professionals are ...

Advisers divided over health programs

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
Life insurers increasing the awareness of client health and wellbeing programs still have hills to climb to win financial planner recommendations, latest industry research shows. An Investment Trends survey of 495 financial planners, completed in June ...

Centrepoint: New leadership, new look

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
Launching a fresh strategy for growth, Centrepoint Alliance announced it is looking to establish a new identity in financial advice with a game plan to recreate its organisational structure and business model. Announcing Centrepoint's full-year ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
A freshly-minted BetaShares ETF has snagged a major investment from an Australian institutional investor, swelling to about four times its size in a single day. In an investment executed last week, an unnamed institutional investor placed $114 million ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...