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Showing 7841 - 7850 of 15800 results for "TER"

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
A lone reliance on capital is an "unwise strategy", according to APRA chair Wayne Byres who said the industry must accept and prepare for failures in the banking industry. Speaking at the Actuaries Institute Banking Conference Byres noted that while ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

ACBC launches additional XTB model portfolios

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
Exchange traded bond provider Australian Corporate Bond Company (ACBC) has launched two additional model portfolios. The new Concentrated High-Yield Model Portfolio continues the philosophy of the High Yield Model Portfolio which was launched last month ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Sequoia launches two specialist retail products

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Sequoia Financial Group has launched two new structured products for retail investors. The first, Sequoia Accelerated Return Units - Series 1 gives exposure to Tesla Motors, the US electric car and energy storage company; the second, Sequoia Launch ...

HUB24 partners for new white label offering

ALEX BURKE  |  TUESDAY, 30 AUG 2016
HUB24 has partnered with a licensee to create a new bespoke platform and managed portfolio offering. Beacon Financial Group selected HUB24 to create this new service to be distributed to its over-200 authorised representatives, collectively managing ...

Shaw and Partners restructures management

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Shaw and Partners has reorganised its management structure, appointing two co-chief executives. Under the new arrangement, managing director Allan Zion will be appointed co-chief executive alongside current head of private wealth Earl Evans, who was ...

Industry fund expands investment team by 74pct

DARREN SNYDER  |  MONDAY, 29 AUG 2016
An industry super fund says it will expand its in-house investment team from 34 to 59 this financial year and implement a newly-defined strategy aiming to capture several scale advantages. Growing its investment team by 74%, Cbus says it is preparing ...

OneVue boss pleased with market position

MARK SMITH  |  MONDAY, 29 AUG 2016
Listed platform and fund services provider OneVue has a $4 million loss for the 12 months to 30 June, despite lifting services revenue by 19%. The $4 million loss this year follows a reported $220,000 loss in 2015. Though services revenue rose to $26.4 ...

Mastering the art of ignoring crises

MARK SMITH  |  MONDAY, 29 AUG 2016
The promise of outsized - but very infrequent - returns in financial markets can, like casinos, lead investors to trade in ways that destroys their wealth. That's the view of Capital Fund Management president Philippe Jordan who says investors who get ...