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Showing 711 - 720 of 3289 results for "Smith"

ASX chief announces immediate resignation

ALEX BURKE  |  MONDAY, 21 MAR 2016
... get a Cambodian online gaming licence. When news of the investigation came out earlier in March, ASX chair Rick Holliday-Smith said that Funke Kupper would be "continuing in his role as ASX managing director and chief executive. I am not aware of any ...

Blue Sky and Goldman Sachs partner for student accommodation

MARK SMITH  |  MONDAY, 21 MAR 2016
Blue Sky Alternative Investments' property subsidiary Blue Sky Private Real Estate will form a $1 billion student accommodation joint venture with leading global investment firm Goldman Sachs. The partnership aims to build a portfolio of 5000 to 10,000 ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
The retail managed fund industry saw marked growth in the 2015 posting 7.5% growth in funds under management, according to figures from Plan For Life. The numbers show retail managed fund assets under management grew to $748.8 billion in what the researcher ...

Charities must go corporate or face extinction: Koda

MARK SMITH  |  FRIDAY, 18 MAR 2016
Australian charities must make corporate-minded changes or risk facing extinction, according to wealth manager Koda Capital. In a new white paper, 'Preparing for the Future - Do or Die for Non-Profit Boards', the company predicts many charities risk ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super funds have welcomed the retention of the full Superannuation Guarantee Charge following a debate in Parliament. The SG charge is a penalty paid by employers who fail to make their quarterly SG contributions on time. It was set to be diluted ...

CFS upgrades FirstChoice and FirstWrap

MARK SMITH  |  THURSDAY, 17 MAR 2016
Colonial First State (CFS) has made more enhancements to its platforms to help advisers spend less time on back-office work and more time in front of their clients. CFS general manager product and investments, Peter Chun, said the improvements responded ...

MLC awards $1.4 billion global equities mandate

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
NAB Asset Management's UK based investment partner, Intermede Investment Partners, has been awarded a $1.4 billion global equities mandate from MLC. The London-based boutique will manage part of the MLC global shares strategy across a number of MLC's ...

No evidence that independence would boost performance: CIFR

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
A Centre for International Finance and Regulation (CIFR) study has found little empirical evidence that independence would improve investment performance but suggests that independence is important in maintaining the legitimacy of the superannuation ...