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Showing 721 - 730 of 4270 results for "Yesterday"

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
... development in what has been a tough few months for the Swiss-based global asset manager, Friedman agreed to step down yesterday with GAM board director and former Henderson Global Investors chief investment officer David Jacob replacing him on an interim ...

Managed accounts provider replaces Praemium

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... charged its SMA clients under the old model, 37bps was Praemium's fee while 40bps was InvestSMART's. Starting yesterday, InvestSMART is putting new clients in the PMA solution but the complete transition will take a few months. InvestSMART is ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
Assistant Treasurer Stuart Robert announced two major updates to the proposed Comprehensive Income Products for Retirement (CIPRs) initiative, one of which is giving superannuation trustees more time to get retirement income strategies in order. Robert ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... officer Chris Stott will soon retire to spend more time with his young family. Chairman Geoff Wilson confirmed the move yesterday in a note to investors. Stott will remain a director of listed investment companies WAM Capital and WAM Microcap. He is ...

Former Olympian to lead investment house

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
... services firm. Grant Hackett was appointed chief executive at the Generation Development Group (GDG) annual general meeting yesterday. Hackett's focus will be to grow the recently acquired Ascalon Capital Managers. This includes the launch of a seeding ...

Idle technology leaves super fund members behind

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
As superannuation funds grapple with digital advancement, their young membership base become further disconnected from the wealth and super system, according to a Zuper co-founder. Chief product officer and co-founder Jon Holloway told yesterday's ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released yesterday, the Financial Services Council said it was "deeply disappointed" the changes it was backing have been rejected. It means ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in Sydney yesterday as he promoted his new book. He said while optimistic investors have pushed up asset prices, the US economy has risen steadily ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
The Shanghai composite index surged by 4.1% at the end of yesterday's trading activity in China. This is the biggest single day gained since 2 March 2016 (4.3%) and followed the 2.5% jump in the index last Friday. This is to be expected given that ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... adequately protecting low and middle income, and financially stressed Australians. Labor senator Jenny McAllister said yesterday that the inquiry will put the spotlight on "debt vultures" and companies that operate on a "buy now, pay later" model. The ...