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Showing 7461 - 7470 of 20556 results for "BEN"

Macquarie to pay $2m following ASIC probe

ALEX BURKE  |  MONDAY, 22 MAY 2017
ASIC accepted an enforceable undertaking from Macquarie, which includes a community benefit payment of $2 million, following the regulator's investigation into the bank's wholesale foreign exchange business. ASIC determined that on multiple occasions ...

Colonial First State upgrades managed accounts offering

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
New managed accounts capabilities will be rolled out across Colonial First State's FirstWrap and FirstChoice platforms ahead of managed accounts being made available on FirstChoice later this year. As part of a tailored solution for a range of licensees ...

Ignition Wealth secures BT Panorama deal

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
Investors, advisers and accountants will benefit from a new partnership between Ignition Wealth and one of Australia's largest platforms. Users of BT Panorama will be able to access Ignition Wealth's 360 digital advice solution from Q3 2017, allowing ...

Rising yields benefit active managers

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
Rising yields combatting inflationary pressures are conducive to active bond managers outperforming passive strategies, according to an expert investment manager. IOOF portfolio manager of fixed income Osvaldo Acosta said in this environment, active ...

Financial services enters next cloud computing evolution

DARREN SNYDER  |  FRIDAY, 19 MAY 2017
Cloud computing will now form the centre of several operations at a global firm dedicated to post-trade market infrastructure for asset managers, custodians and brokers. The Depository Trust and Clearing Corporation (DTCC) holds a view that cloud computing ...

Trustee Partners crosses the ditch

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
Trustee Partners made its first overseas investment, acquiring a New Zealand fiduciary services firm with an offer too strong to ignore. A dominant fiduciary services business in the New Zealand market, Complectus, was bought by Trustee Partners in ...

SSGA ramps tech exposure post-Trump

ALEX BURKE  |  THURSDAY, 18 MAY 2017
The first 100 days of the Trump administration have seen State Street Global Advisors double its exposure to US technology companies in its Global Equity Fund, even if said exposure still trails the cap-weighted index. SSGA global active quantitative ...

Australian impact investing primed to reach $32bn

EMMA RAPAPORT  |  THURSDAY, 18 MAY 2017
A new initiative to support the development of Australia and New Zealand's impact investment market has been launched by Responsible Investment Association Australasia and Impact Investing Australia. The Impact Investment Forum, chaired by former Christian ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
Benefit payments for self-managed superannuation fund members jumped by 71% in the March quarter, indicating a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average ...

Investors torn over ESG capabilities

EMMA RAPAPORT  |  WEDNESDAY, 17 MAY 2017
The Australian National University has altered its commitment to socially responsible investing after changing the manner in which its domestic equities investments are managed. While the university committed to divesting from several resource and mining ...