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Showing 8081 - 8090 of 15800 results for "TER"

Medcraft steps down from global leadership position

ALEX BURKE  |  FRIDAY, 20 MAY 2016
ASIC chair Greg Medcraf has announced he will step down from a global leadership position so as to "refresh" the organisation. Medcraft was chair of the International Organization of Securities Commissions (IOSCO) for the past three years. He declined ...

Robo advice set to fail: Morningstar

KERRIE SYDEE  |  FRIDAY, 20 MAY 2016
Pure play robo advice will not stand that test of time, according to Morningstar's head of adviser solutions, Andrew Whelan. Speaking at the 2016 Morningstar Investment Conference in Sydney, Whelan argued that the cost of client acquisition would be ...

Banned SMSF adviser charged for misappropriating $1.8m

ALEX BURKE  |  FRIDAY, 20 MAY 2016
An SMSF property adviser has been charged with 31 counts of deception following an ASIC investigation. George Nowak was the director of EJ Property Developments, formerly Charterhill. According to ASIC's findings, he misappropriated $1.8 million in ...

AXA IM global equity SmartBeta fund gets RIAA approval

MARK SMITH  |  THURSDAY, 19 MAY 2016
AXA Investment Managers has received responsible investment certification by the Responsible Investment Association Australasia (RIAA) for its environmental, social and governance SmartBeta equity pooled fund - AXA IM ACWI SmartBeta Equity Fund. The ...

IOOF awards Australian large cap mandate

MARK SMITH  |  THURSDAY, 19 MAY 2016
IOOF Investments has awarded a boutique Australian equities value manager an institutional mandate. Ralton Asset Management has been chosen to manage a concentrated portfolio of large cap Australian equities. Sam Baillieu, chief executive of Ralton's ...

Investors looking to alternatives amid low cash rate

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
Investors should be looking to alternative asset classes if they wish to escape the volatility of cash and domestic equities, according to specialist fixed income asset manager Global Credit Investments (GCI). Poor yields, low cash rates and volatile ...

Focus Financial looking for more local partners

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
Having announced their first Australian investment last week, Focus Financial Partners is hoping to partner with more Australian firms who are looking for a partner rather than just an investor. Raijini Kodialam, co-founder and managing director of ...

AMP Capital acquires largest underground parking system in the US

ALEX BURKE  |  THURSDAY, 19 MAY 2016
AMP Capital has announced it has acquired the largest underground parking system in the US in partnership with Northleaf Capital Partners. The Chicago Downtown Public Parking System (Millennium Garages) has 9,176 parking spaces in four underground garages ...

Charter Hall launches second automotive trust

DARREN SNYDER  |  WEDNESDAY, 18 MAY 2016
Property group Charter Hall has launched a second Direct Automotive Trust through the acquisition of four car dealerships spanning Sydney, Melbourne, Brisbane and Perth, and valued at $82 million. Charter Hall is seeking to raise $48 million in equity ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 18 MAY 2016
Australia new motor vehicle sales Sales of new motor vehicles dropped by 2.5% in the month of April, more than offsetting the previous month's 2.2% increase and lower than market expectations for a 0.5% fall. Australian Bureau of Statistics (ABS) data ...