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Showing 7501 - 7510 of 22800 results for "Funds"

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
... occasions in accepting referral benefits from a real estate agent who sold property to the firm's clients via self-managed super funds established under its guidance. Beginning civil penalty proceedings in the Federal Court yesterday, ASIC alleged The ...

DomaCom launches senior equity release product

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... receiving a monthly payment through this product seniors will have flexibility to dial up or down the payments as additional funds are required. When the property is sold in full the vendor and investors receive their share of the sale price. Investors ...

Fund manager strengthens alternatives capabilities

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... lead the team of 35 from Mirova. Vauban Infrastructure Partners will cater to institutional investors - including pension funds, insurance companies, financial institutions and family offices - across Europe and Asia. Natixis says that Vauban will consider ...

International firm acquires advice group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2019
... Patersons is home to 126 financial advisers, as at March 2019. Founded in 1903, it currently has about $13.6 billion in funds under advice. The transaction is expected to complete by the end of the calendar year. Cash consideration of $25 million will ...

Super fund set to hike fees

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
... depending on the investment option each member has selected. Last week the prudential regulator, APRA, said it expected super funds to do the right thing by members when recovering the costs of implementing the PYSP reforms, including by using an appropriate ...

GAM names local institutional business director

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... GAM's managing director for Australia Alex Zaika. The appointment follows growing interest from Australian superannuation funds in GAM's product offering, including its GAM Systematic alternative risk premia and insurance-linked securities, which ...

Industry veterans recognised

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... the Order of Australia as part of the honours. Prior to founding SuperFriend Hewett was executive officer of the Industry Funds Forum, advocating for an industry response to suicide prevention and the impacts of mental illness. President and chief executive ...

Law Council chides ASIC

HARRISON WORLEY  |  TUESDAY, 11 JUN 2019
... between ASIC and the organisations it was taking to task. "The more timely the better, frankly, because of our use of public funds," Crennan told The Australian. "Don't battle us for years upon end in the court because, as I've said before, we're ...

Super fund reinforces savings with timber, agriculture

HARRISON WORLEY  |  TUESDAY, 11 JUN 2019
... investing in timber and agriculture. LGIAsuper will diversify its investment strategy and invest in the agriculture and timber funds of Folium Capital. The firm - run by former managers of Harvard's endowment funds - invests in assets in diverse locations ...

Former Futuro adviser charged with theft

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... December 2008 and July 2016 from the bank account of a deceased estate of which he was the trustee and executor, transferring funds into bank accounts held in his name. An ASIC investigation concluded that Smith's conduct was designed to benefit his ...