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Showing 51 - 60 of 131 results for "Class B"

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
Funding for the shareholder class action against the Commonwealth Bank is now unconditional and proceedings have been filed in the Federal Court, marking the beginning of one of the largest shareholder class actions in Australian history. IMF Bentham ...

Family offices put focus back on equities: Research

EMMA RAPAPORT  |  TUESDAY, 26 SEP 2017
Asia-Pacific family offices have recorded strong performance off the back of developed-market equities and private equity, according to latest research. In a survey of principles and executives among 262 family offices, the Global Family Office Report ...

Adviser demand drives new CFM strategy

ALEX BURKE  |  MONDAY, 25 SEP 2017
... across two sets of unit classes: the first, Class A, has a 10% volatility target and a 0.6% per annum management fee, while Class B has a 15% volatility target and a 1.125% per annum management fee. CFM said that these fees will become especially competitive ...

Cuffe to join Class board

EMMA RAPAPORT  |  THURSDAY, 14 SEP 2017
Financial services veteran Chris Cuffe is likely to add another directorship to his hat, standing for nomination to the Class board. Class chairman Matthew Quinn said the board was delighted to nominate a director for election with "such a strong background ...

Shaw and Partners leverages success to grow SMA menu

JAMIE WILLIAMSON  |  TUESDAY, 12 SEP 2017
Shaw and Partners added eight new separately managed account strategies in response to growing client demand for access to a greater number of asset classes. Since launching SMA solutions in August last year with the introduction of the Hybrid Income ...

Mercer names new chief investment officer

EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
Mercer strengthened its investment leadership with the appointment of a new chief investment officer for the Pacific. Long serving TCorp senior manager Kylie Willment will join Mercer from 25 October, overseeing the investment performance of Mercer's ...

Bravura inks deal with $4.7bn insurer

ALEX BURKE  |  THURSDAY, 13 JUL 2017
Bravura Solutions' global expansion plans have been given an upgrade with a mandate from one of the UK's largest mutual life insurers. The Scottish Friendly Assurance Society (Scottish Friendly), established in 1862 and with about $4.7 billion in assets ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
... the then-jointly-controlled Aurora Trust. PAC's goal was to secure full control of the Aurora Trust by giving holders of Class B and B-1 units the opportunity to exchange for PAC ordinary shares, and amending the trust's Redeemable Class X Preference ...

Former CFS executive joins Class board

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2017
Class welcomed a well-known wealth management executive to its board. Effective 1 April 2017, Nicolette Rubinsztein joined the software provider's board as an independent non-executive director. Most recently general manager, retirement at Colonial ...

Super to drive employment in 2017

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
The superannuation and investment industry may prove to be Australia's biggest employment growth area in 2017. New insights from an industry survey conducted by SUPER Recruiters shows 50% of respondents anticipate the need to employ more staff this ...