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Showing 721 - 730 of 1117 results for "MIT"

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Melbourne and Perth to receive a $25m arts education initiative

WHITNEY FITZSIMMONS  |  FRIDAY, 1 APR 2016
The Packer Family Foundation and Crown Resorts have announced an eight year commitment to a new arts education initiative in Perth and Melbourne. The joint initiative was announced based on the success of the Western Sydney Arts Initiative. The program ...

ASIC releases 2016 enforcement report

KERRIE SYDEE  |  THURSDAY, 31 MAR 2016
ASIC has released its latest enforcement report, highlighting key outcomes for the period 1 July 2015 to 31 December 2015, flagging integrity of financial market benchmarks and disclosure obligations and market abuse as key areas of focus for the future. ...

T. Rowe Price names Japan country head

MARK SMITH  |  WEDNESDAY, 30 MAR 2016
T. Rowe Price has named Naoyuki Honda as its new country head for Japan. A thirty-year veteran of the financial services and asset management industries, Honda will join the firm in early May after a filing with Japanese regulators. He will lead T. ...

State Street SHE Index aimed at capitalising on diversity

WHITNEY FITZSIMMONS  |  WEDNESDAY, 30 MAR 2016
State Street Global Advisors (SSGA) has launched the SPDR SSGA Gender Diversity Index ETF which is aimed at tracking the performance of US companies with female leaders. Operating under the ticker SHE, the index, which is currently only available to ...

Fund managers not ready to enter new MIT tax regime

DARREN SNYDER  |  MONDAY, 21 MAR 2016
... said fund managers need to be prepared for a less flexible Australian Tax Office (ATO) if they choose not to enter the new MIT tax regime. "While the new MIT regime applies side-by-side with the current trust tax rules, the ATO is saying that 'all bets ...

KPMG appoints wealth management and compliance director

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
KPMG has appointed Cecilia Storniolo as director of wealth management compliance and conduct. Storniolo joins KPMG from BT Financial where she was a key account manager. Prior to this she worked as a senior policy manager with the Financial Services ...

European Cities Fund to take advantage of future proof cities

WHITNEY FITZSIMMONS  |  TUESDAY, 15 MAR 2016
TH Real Estate has launched its flagship European Cities Fund aimed at tapping into the long-term growth potential of income-producing properties in 'future proof cities'. Head of global business development Austin Mitchell said TH Real Estate is focused ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...

New framework for in-house investing

DARREN SNYDER  |  MONDAY, 7 MAR 2016
The Centre for International Finance and Regulation (CIFR) has developed a framework for superannuation funds and other asset owners to implement in-house investment management. The framework is included in CIFR's latest research which argues members ...