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Showing 7191 - 7200 of 22800 results for "Funds"

IOOF completes Ord Minnett sale

JAMIE WILLIAMSON  |  TUESDAY, 24 SEP 2019
... by current Ord Minnett executives. The business is home to more than 250 financial advisers and has over $10 billion in funds under advice. It follows an announcement of the intention to divest on June 27. At the time, IOOF chief executive Renato Mota ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... Clifford said. CommSec Advisory offers financial advice to clients, including high-net worth clients and self-managed super funds. CommSec Advisory staff will be invited to join Morgans' offices in Brisbane, Sydney, Melbourne and Perth. "Morgans ...

Super expert re-joins Mercer

HARRISON WORLEY  |  TUESDAY, 24 SEP 2019
... he left behind a 28 year career at the global financial services firm. Jenkins' new role will see him provide super funds with "strategic consulting advice" such as changes to insurance and member outcome requirements. Mercer institutional wealth ...

Global manager names regional director

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... strengthened its local investment capabilities with the appointment of a new investment director, joining from Victorian Funds Management Corporation. Danielle Welsh-Rose has joined as ASI's ESG investment director with regional responsibilities in Australia ...

QIC launches China bond fund

KANIKA SOOD  |  MONDAY, 23 SEP 2019
... partnership between QIC and China's Ping An Asset Management Company (PAAMC). The fund is one of the first Australian funds to give investors access to China's corporate bond market, which is the second largest in the world and was traditionally ...

Boutique wins industry fund mandate

KANIKA SOOD  |  MONDAY, 23 SEP 2019
... investment process was an important consideration in manager selection, the super fund said. Christian Super has $1.6 billion in funds under management. About 23% of this is in Australian equities. The fund uses four external managers for its Aussie ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
Two industry superannuation funds worth more than $45 billion combined have confirmed they will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
... boutiques have indicated intention to shut shop so far this year, including Discovery Asset Management, Denning Pryce, Sigma Funds Management and Mhor Asset Management while ARCO awaits its fate after being abandoned by its family office backer. At the ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... they were - the policy rate at -0.1%; the target for 10-year JGBs at around zero percent; and, purchase "exchange-traded funds (ETFs) and Japan real estate investment trusts (J-REITs) so that their amounts outstanding will increase at annual paces of ...