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Showing 691 - 700 of 2731 results for "BEA"

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
APRA says its new enforcement approach goes beyond taking stronger action earlier, clarifying when and how it will publicise the actions it takes. Outlining how it will increase transparency and take stronger action against misbehaving institutions ...

UniSuper hires from Janus Henderson

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
The $80 billion superannuation fund has hired an equities manager from Janus Henderson's Aussie equities team which shut down its funds earlier in the year and returned $490 million to investors. Paul Phillips started as a manager, equities at UniSuper ...

Powerwrap posts strong first result

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Powerwrap's first full year results as a listed company have exceeded the forecasts listed in its prospectus. The high net-worth platform provider excelled in a number of areas in its first full year results since listing, beating its prospectus forecasts ...

United front but no merger: AFA

JAMIE WILLIAMSON  |  MONDAY, 2 SEP 2019
The Association of Financial Advisers has rebuffed the possibility of a merger with the Financial Planning Association of Australia but acknowledged the two bodies are increasingly recognising the strength of a single voice and a single message. Speaking ...

Advice association merger up to members

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
Whether Australia's peak bodies in financial advice merge is a matter for members to decide, according to Financial Planning Association of Australia chief executive Dante De Gori. Speaking at the Financial Services Council Summit in Sydney this ...

AFA Foundation headed for milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
The AFA Foundation is heading towards an enormous milestone, anticipating $2 million donations in 2019. The AFA Foundation may well reach over $2 million in donations this year, with much of it donated by the association's adviser members, AFA Foundation ...

Tribeca Alpha Plus leaks $600m, rebuilds

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
Investors have pulled out more than $600 million from Jun Bei Liu's long/short Aussie equities fund since co-portfolio manager left in April but performance is looking up and there are new hires on the team. The Tribeca Alpha Plus fund was down ...

CountPlus' 100-day plan for Count Financial

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
CountPlus' acquisition of Count Financial from the Commonwealth Bank has been completed for a fee of $2.5 million - and CountPlus is confident its new business will return a first year profit. CountPlus acquired 85% of Count Financial with the 15% balance ...

Managed funds versus the ASX 200

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
Aussie equities managers had a hard time beating the S&P/ASX 200 Accumulation index in the year to June and the underperformance gap has widened significantly over the past four years, according to new Rainmaker research. Just one in 10 wholesale managed ...

UniSuper scolds Aussie equity fundies

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The $80 billion superannuation fund had some strong words for its external Aussie equities managers, saying their general underperformance was a "real disappointment" for the year. UniSuper's balanced investment option returned 9.9% for the year, as ...