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Showing 7671 - 7680 of 19594 results for "RIS"

Market neutral isn't always the neutral: Alleron

ALEX BURKE  |  THURSDAY, 2 NOV 2017
According to a high-conviction Australian equity manager, a 150/50 strategy may actually carry less drawdown risk than a market neutral approach. Alleron Investment Management chief executive Barry Littler explained that a 150% geared long portfolio ...

Melbourne boutique shutters under passive pressure

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
The rise of passive investment and superannuation fund internalisation has led to a Melbourne-based Australian equities boutique terminating its only fund. In a letter to unitholders, Concise Asset Management said it has reluctantly decided to wind ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
About 4000 NAB employees look set to lose their jobs by 2020 as the bank further automates its business. Releasing its full year results, NAB said a reshaping of its workforce would see the creation of 2000 new jobs to 2020, though overall about 6000 ...

Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
Machine learning is transforming the way financial services operates, as a growing number of Australian firms are adopting it to make sense of big data and to improve productivity. According to Bloomberg, more than half (55%) of Australian financial ...

Cyber-security fears strike industry: Research

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
Cyber-security has emerged as a major concern for finance, insurance and superannuation firms in the last six months, latest research from technology provider TAS suggests. About half (46%) of executives canvassed in the second edition of the Compliance ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

Advisers grapple with client retention: Research

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
There is a growing mismatch between the demand for financial advice and the industry's inability to retain clients, latest Investment Trends research warns. Despite a record high of three million Australians intending to use a financial planner over ...

AMP rolling out enhanced goals-based advice business

DARREN SNYDER  |  WEDNESDAY, 1 NOV 2017
AMP will roll out the next evolution of its dedicated goals-based financial advice business this month with an expected step change being the way clients converse about their advice experience. AMP Advice will use real-time modelling to demonstrate ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
Outgoing ASIC chair Greg Medcraft believes the big four banks will continue to sell wealth management arms because it's tough to restore the consumer trust repeatedly tarnished by these businesses. Speaking at a Sydney Financial Forum event yesterday ...