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Showing 7481 - 7490 of 22800 results for "Funds"

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... Sydney, Melbourne and Perth, according to Rainmaker research. CommSec Advisory is understood to have about $4 billion in funds under advice. However, CBA did not confirm. CommSec generated $224 million of $5.9 billion in total net interest income and ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... guidance on how retirees drawdown their savings upon retirement, she said, noting that the review will ultimately prompt super funds to develop a retirement income strategy for members. Funds will need to consider members' retirement income needs ...

New leadership for fund manager

ELIZABETH MCARTHUR  |  FRIDAY, 21 JUN 2019
A $6 billion ASX listed fund manager announced the appointment of a new chief executive and head of funds management. Centuria Capital announced Jason Huljich will step into a joint chief executive role alongside John McBain, who remains in a full-time ...

Aberdeen Standard hires retirement head

HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... Malaysian sojourn Nyilas was a partner at EY Australia, advising the firm's clients - the wealth arms of the big banks and super funds of all persuasions - on retirement, wraps, mergers and acquisitions and "other transformation areas." Nyilas also spent ...

Zurich Investments to swap small caps managers

KANIKA SOOD  |  THURSDAY, 20 JUN 2019
... replacement for its small caps strategy as the current manager gets ready to shut shop. The Zurich Investments Small Companies Funds has about $66 million in funds under management. It is currently managed by Sigma Funds Management which has advised ...

Yarra hires head of macro, strategy

KANIKA SOOD  |  THURSDAY, 20 JUN 2019
... forward to reconnecting with Yarra's team and clients in due course." Yarra Capital Management has about $7.5 billion in funds under management. It took over the management of UBS Asset Management's large, mid and small caps funds in December. ...

Frontier adds consultant from WTW

ELIZABETH MCARTHUR  |  THURSDAY, 20 JUN 2019
... Australian Institute of Actuaries. Newfield joins Frontier at a time when the firm is growing in terms of staff, clients and funds under advice. Frontier said increasing fund consolidation and shifting investor/adviser relationships Newfield's profile ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... chair Powell's words at the press conference that followed and, the economic projections and expected path of the fed funds rate going forward. "The Committee continues to view sustained expansion of economic activity, strong labor market conditions ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
... every 28 days. The FCA must be informed of the results of these reviews. Morgan asked whether the FCA has a view on the fees funds charge during a suspension, to which Bailey replied there is no requirement on fund managers to reduce or waive investment ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool puts the probability the Fed will keep interest rates unchanged at ...