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Showing 7031 - 7040 of 22796 results for "Funds"

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... Research from Kaizen Recruitment on BDM salaries in the financial services industry has revealed those working in institutional funds management are paid the most while those at life insurers can expect far less. A senior BDM in institutional funds management ...

Challenger hires Robeco director

KANIKA SOOD  |  TUESDAY, 12 NOV 2019
... before leaving in September last year. At Challenger, he will undertake the institutional distribution of private markets funds, including Fidante's latest partnership with Ares Management. Penprase has previously worked at Partners Group, and Zurich ...

AMP dealer group head departs

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... Financial Planning since its foundation in 2012 and has led the business to reach a significant milestone of $1 billion in funds under advice." She added that Thomas will be a valuable addition to the executive leadership team. "Financial planning is ...

Financial services the most unethical industry

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... it's unethical to offer a chief executive salary of more than $3 million per annum," Motto said. Industry superannuation funds were considered the sector's most ethical organisations, while financial advisers improved their standing in the community ...

Super funds could boost returns by 59bps: Report

ELIZA BAVIN  |  TUESDAY, 12 NOV 2019
Superannuation funds considering a merger or major investment portfolio changes should implement a program to manage tax costs and transaction costs to deliver meaningful benefits to funds and their members, according to new research. Parametric said ...

Magellan hires Macquarie insto head

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... will be responsible for client relationships in Australia and New Zealand for Magellan Asset Management as well as Airlie Funds Management, which it acquired in February last year. Ottawa reports to Magellan's general manager of distribution Frank ...

Retail funds shrink unlisted assets

KANIKA SOOD  |  MONDAY, 11 NOV 2019
Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago. The lion's share of the unlisted assets (such as infrastructure, private equity ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
... client's best interest." However, Rae is not alone, with others in the industry sharing his interpretation. Ethical Advisers Funds Management recently launched new separately managed accounts which screen out investments in oil, tobacco, weapons, heavy ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... should be held to." Luke Hooper, special counsel at Mills Oakley, explained the case has ramifications for the ways super funds interpret the sole purpose test. "The sole purpose test is 25 years old and guidance is warranted, especially in what appears ...

Global ETF industry hits record high

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
The global ETF industry hit a new record high in the third quarter with assets in US passive managed funds and index ETFs topping those in US active managed funds for the first time, according to BetaShares. Global ETF's finished the quarter with US$5.8 ...