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Showing 7141 - 7150 of 20555 results for "BEN"

Multi-asset strategy enters Aussie retail market

DARREN SNYDER  |  THURSDAY, 21 SEP 2017
The "institutionalisation" of financial advice dealer groups has attracted a London-based asset manager to open its multi-asset absolute return fund to Australian retail investors. Already established in Australia and managing about $2.5 billion for ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
Well that was a bit of an anti-climax, wasn't it? The much-awaited US Federal Reserve's 19-20 September FOMC meeting produced little, if any, surprises. Interest rates were kept on hold this month but will be lifted by another 25 basis points to 1.5% ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

Global $11bn manager acquires US firm

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
A global manager with over $11 billion in assets under advisory and management, which operates in Australia via BNP Paribas Asset Management, has acquired a US firm for US$52.5 million. Impax Asset Management entered into an agreement to acquire 100% ...

Perpetual wins RE mandate with $620m manager

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
Perpetual Corporate Trust was appointed responsible entity for the retail offering from a $620 million fund manager. Ophir Asset Management's High Conviction Fund, which Ophir recently celebrated for its 21.5% net return per annum since inception two ...

Former Attorney General appointed to Dexus board

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
A former Australian Attorney General was appointed to the board of Dexus Funds Management following Elizabeth Alexander's decision to not stand for re-election as an independent director. Nicola Roxon, who held the position of Federal Attorney General ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...

GSFM scores major alternatives partnership

ALEX BURKE  |  TUESDAY, 19 SEP 2017
Grant Samuel Funds Management has entered into a strategic retail distribution partnership to offer new alternative investment products to Australian and New Zealand investors. Using Grant Samuel Funds Management's extensive retail distribution network ...

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
Unless North Korean tensions escalate beyond the "missile testing" tit-for-tat, it'll be the Fed that will occupy financial market consciousness this week. The Federal Open Market Committee (FOMC) will start their two-day deliberations on monetary policy ...

Mason Stevens wins 2017 Technical Paper of the Year

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2017
A new benchmark for writing on managed accounts has been set with Mason Stevens taking home the first ever Financial Standard Technical Paper of the Year Award - Managed Accounts. Presented to Mason Stevens' managing director Thomas Bignill at the annual ...