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Showing 7201 - 7210 of 22800 results for "Funds"

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... MiFID II's roll out on 3 January 2018. Asset managers saved around £70 million for their investors in UK-managed equities funds in the first six months of 2018 after MiFID II forced them to reconsider their research arrangements. The FCA said the reforms ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... agreed to more realistic implementation dates and a mechanism to protect members in dangerous occupations," ISA said. "But funds may not be able to implement the requirements because it relies on members supplying detailed occupation information to retain ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
APRA will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' conviction that the Reserve Bank of Australia (RBA) will cut interest rates again ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... shortly. "It has been a privilege to lead one of the best performing businesses in the highly competitive world of global funds management," Himbury said in a statement. "Over the past decade, IFM Investors has transformed and globalised while retaining ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... sixth-largest custodian in Australia with more than $400 billion in assets under custody and prime contracts for many not-for-profit funds such as Future Fund, QIC, Commonwealth Superannuation Corporation (CSC), Government Employees Superannuation Board ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
... regulators on an industry approach to some of the bureaucratic issues, there is also a need for greater collaboration between funds and services providers, such as financial counsellors," Scheerlinck said.

Vanguard pilots new robo offering

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
... target a fee of 0.15% across portfolios. The combined annual cost of enrolling in Digital Advisor and investing in Vanguard funds in the portfolio will be 0.20%. That makes it significantly cheaper than Vanguard Personal Adviser Service's annual ...

Global manager launches European infrastructure fund

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
... stable income, he added. "We've been delighted by the strong support we've received from investors in our existing funds and are excited by the opportunity to continue to grow our portfolio and investor base," Ayre said.

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
... client portfolios. Colchester's head of distribution for Australia, Angela MacPherson, said: "Relative to credit and hedge funds it can offer a liquid and simple alternative that may also have lower default risk; after all local currency emerging markets ...