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Showing 7211 - 7220 of 22800 results for "Funds"

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... majority of seven (led by Fed chair Powell) which didn't disappoint financial market expectations by cutting the fed funds rate another 25 basis points to 1.75%-2% at the conclusion of the September FOMC meeting. There was little movement in the ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
... that the investor experience is improving across multiple markets given lower fees and ease of entry for investors to buy funds without loads or trailing commissions," said Morningstar. Despite low fees for investors, it appears this is not getting passed ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... number of government MPs toward the super system. The Labor party argued for a carve-out in the bill which would have allowed funds with cohorts of members employed in high-risk occupations to retain opt-out disability or income protection insurance ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
Lifecycle strategies hold 40% of MySuper's total $756 billion of assets and are becoming mainstream for superannuation funds, according to new Rainmaker research. Lifecycle MySuper total assets grew 21% in the year to June end, to hit $299 billion. ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... its London-based fund services business appointed authorised corporate director of the $88 billion River and Mercantile Funds.

Challenger appoints funds management boss

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Challenger has appointed a new chief executive for funds management after Ian Saines announced his intention to retire from the role in June. The job is going to Nick Hamilton, who has led Challenger's multi-boutique business Fidante Partners since ...

Research Affiliates strengthens Australian presence

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... and at Suncorp. In his new role, Willis is responsible for managing relationships with institutional investors, industry funds, and investment consultants. He said he was "enthusiastic" to be joining Research Affiliates, adding he "long admired" its ...

Centuria reveals new fund manager

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
Centuria Property Funds has appointed Jesse Curtis as fund manager of Centuria Industrial REIT. Curtis will take over from current fund manager, Ross Lees, who was recently promoted to head of funds management for the wider Centuria real estate platform. ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... consortium of private investors led by current Ord Minnett management for $115 million. Ord Minnett has $10.1 billion in funds under advice and 264 licensed financial advisers. The completion of that sale is expected to happen next week (September 24). ...