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Showing 8201 - 8210 of 20558 results for "BEN"

ECPAM wins mandate, grows investment team

MARK SMITH  |  THURSDAY, 8 SEP 2016
ECP Asset Management (ECPAM), the investment boutique set up by Hyperion Asset Management founder Dr Manny Pohl, has secured its third institutional mandate and made an addition to its investment team. Sam Byrnes has joined the firm in the newly created ...

Powerwrap launches SMA service

MARK SMITH  |  THURSDAY, 8 SEP 2016
Platform provider Powerwrap has launched a separately managed account (SMA) offering, designed to provide advisers and clients with improved investment opportunities by allowing managers to be more responsive to market conditions in real-time. The new ...

Alpha-beta split allows better asset allocation

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
One of Australia's largest superannuation funds says it has strategically split its investment portfolio between alpha and beta to better monitor performance and asset allocation. Although not a new concept, First State Super has moved to an alpha and ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
Australian GDP The Australian Bureau of Statistics (ABS) released the country's National Accounts report showing that while the economy's quarterly real GDP growth halved to 0.5% in the three months to June from 1.0% in the March quarter, the annual ...

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation ...

Enrolments point to adviser growth

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
New figures from education provider Kaplan Professional suggest a greater number of people are embracing financial advice as a career. Data from the end of August showed there was close to a 30% increase in financial services enrolments compared to ...

Legg Mason Brandywine fund gets top rating again

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The Legg Mason Brandywine Global Opportunistic Fixed Income Trust has been awarded a "Highly Recommended" rating by Lonsec for a third straight year. The rating coincides with the fund surpassing $500 million in assets under management in Australia ...

Tribeca to compete with overseas hedge funds

ALEX BURKE  |  WEDNESDAY, 7 SEP 2016
... focuses on large cap equities but invests in other classes to reduce correlation with equity markets. Co-portfolio manager Ben Cleary said the launch of the Cayman vehicle is "proof that Australian based hedge fund managers can compete on a global stage ...

NAB partners with global custodian

ALEX BURKE  |  WEDNESDAY, 7 SEP 2016
NAB has completed the transition of its asset servicing business. Citi will now act as global custodian for NAB Asset Servicing; the strategic partnership was originally announced in 2015 and will, in the bank's words, "provide NAS customers direct ...

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
ING DIRECT is returning a total of $5 million to members of its superannuation fund, Living Super, and will no longer promote the product as having "no fee" after the financial services regulator raised concerns about how fees on its cash option were ...