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Showing 7051 - 7060 of 19594 results for "RIS"

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
Group insurance remains cost effective and beneficial for members, but there's significant disparity among premium rates and the level of cover superannuation funds are offering, latest Rainmaker research reveals. The study of 15,000 insurance deals ...

US investment giant acquires global fund manager

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
One of the largest investment managers in the US now owns a 60% interest in a global ESG-focused fund manager with operations in Australia. Federated Investors, a $534 billion fund manager and SMA provider, has paid $440 million for a majority stake ...

Catholic Super appoints CIO

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
Catholic Super, a $9.3 billion industry superannuation fund, is welcoming its new chief investment officer. Anna Shelley was announced as Catholic Super's chief investment officer today. In her most recent role, Shelley was Perpetual Investments ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The prudential regulator has chided superannuation funds for investing members' funds held in cash options into non-cash securities like bonds and hybrid debt instruments among others. APRA's review found cash options had exposure to asset-backed ...

AMP Capital promotes real estate talent

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
AMP Capital has promoted several members of its real estate investment team to leadership roles. Kylie O'Connor has been named chief operating officer for real estate, managing the division's group-wide finance, strategy, research, governance ...

VanEck ETF receives ethical tick

KARREN VERGARA  |  MONDAY, 2 JUL 2018
A VanEck ETF has been given one of the highest ethical ratings by the Responsible Investment Association Australasia (RIAA). VanEck's MSCI International Sustainable Equity ETF (ESGI) was certified 'ethical' by RIAA according to the strict ...

Sydney boutique shutters

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
One of the boutique fund managers under Challenger's Fidante Partners' multi-manager umbrella has closed. A spokesperson for Fidante confirmed Tempo Asset Management has closed after failing to reach sufficient scale of assets under management since ...

Pendal Group appoints director

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The $99 billion investment manager has appointed an independent non-executive director to its board. Sally Collier is joining the board as well as its remuneration and nominations committee, and its audit and risk management committees. She replaces ...