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Showing 731 - 740 of 2255 results for "Roll"

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... II. The Financial Conduct Authority yesterday published findings from its review of a sample set of firms, after MiFID II's roll out on 3 January 2018. Asset managers saved around £70 million for their investors in UK-managed equities funds in the first ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
Colonial First State Global Asset Management has kept its initials but picked a French name, as its chief executive and financial officer announce a rebrand and operational update under its new owner. CFSGAM will henceforth be called First Sentier Investments ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...

Vanguard launches three new active funds

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
Vanguard has launched two new actively-managed, low cost equities funds managed by external managers, as it kicks off a lineup of active funds in Australia. The company has offered factor-based funds in Australia for roughly the past two years but this ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
Research house Rice Warner has openly questioned whether superannuation funds should begin resetting the return expectations of members. With difficult economic headwinds prevailing, Rice Warner is concerned superannuation funds have made a rod for ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
The US regulator has charged a financial advice firm that defrauded former professional NFL players who had joined a class action against the league seeking compensation for brain injuries suffered during their careers. Tallahassee-based Cambridge Capital ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...