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Showing 7091 - 7100 of 19594 results for "RIS"

Hermes launches carbon ESG tool

KANIKA SOOD  |  THURSDAY, 21 JUN 2018
The $60 billion global manager will launch a tool to calculate a fund's carbon performance and carbon risk as a part of its ESG toolkit to help fund managers make better decisions about investments. Hermes Investment Management will also use the tool ...

Russell Master Trust COO departs

ALEX BURKE  |  THURSDAY, 21 JUN 2018
The chief operating officer of Russell Investments' Master Trust and Russell iQ platform has left the company after about 15 years. Jason Marler joined Russell in 2004 as a senior product manager before taking on his most recent role three years ...

Super fund rationalisation painful: PwC

KARREN VERGARA  |  THURSDAY, 21 JUN 2018
The superannuation industry shouldn't underestimate the pain or amount of difficulty it will experience if the proposed rationalisation of underperforming funds eventuates, the second day of Productivity Commission public hearings was told in Melbourne. ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...

Cbus aims to reduce costs through internalisation

ALEX BURKE  |  WEDNESDAY, 20 JUN 2018
In a speech at the Master Builders Australia National Leaders Summit in Canberra, Cbus chief investment officer Kristian Fok said his fund aims to manage at least 35% of its assets internally by 2022, thereby reducing costs by about 18 basis points. ...

Super fund names new board director

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
An $11 billion industry fund is welcoming a new director to its board. Local Government Super has appointed Greg McLean, replacing Jim Montague. McLean is currently a councillor of the Sutherland Shire Council and has previously served as a director ...

IOOF boosts adviser compliance support

KARREN VERGARA  |  TUESDAY, 19 JUN 2018
IOOF's financial advice licensee support service has partnered with Integrity Compliance to help financial advisers manage AFSL requirements. IOOF Alliances aims to help its network of self-licensed advice businesses manage governance, risk and compliance ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
When Fed chief Jerome Powell tried to explain the US yield curve's flattening as a function of rising short rates because of the rate hikes (and expectations for more) and a smaller lift in the long-term yields because of safe-haven buying, I questioned ...

ASIC drags Westpac to court

KANIKA SOOD  |  MONDAY, 18 JUN 2018
ASIC has initiated civil penalty proceedings against Westpac in relation to a Perth financial planner whose poor advice has already seen the bank foot a $12 million bill to remediate clients. Sudhir Sinha provided financial advice in the Perth area ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring ...