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Showing 811 - 820 of 1894 results for "Determine"

MLC terminates fund

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
MLC terminated another hedged global shares fund for wholesale investors, from its private investment consulting lineup. The PIC Wholesale Hedged Global Share Fund was terminated at the same time as the $50 million MLC Wholesale Hedged Global Share ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
A $50 million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary. The SA Venture Capital Fund (SAVCF) appointed Blue Sky Venture Capital in 2017 as its manager. It is now ...

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Macquarie Group is raising $1 billion to chase new opportunities and maintain capital levels in light of ongoing regulatory change. Macquarie this morning announced a $1 billion non-underwritten institutional placement, which represents roughly 8.5 ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... industry including the ceasing of grandfathered commissions." AMP said it is committed to helping its advice practices determine the best course of action, whether that be closing, merging or selling. Mookhey's comments in parliament follow advocacy ...

MLC shuts down $28m fund

KANIKA SOOD  |  TUESDAY, 20 AUG 2019
MLC has shut down an international equities fund as it faced the prospect of increasing management fees on the relatively small funds under management. The MLC Wholesale Hedged Global Share fund was terminated effective August with about $28 million ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
A new disciplinary system for financial advisers with a central disciplinary body headlines the government's Royal Commission implementation roadmap released today. Revealing how the government will tackle the 76 recommendations made by Commissioner ...

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... Following the announcement of the business' new direction, Wade said AMP has been meeting with individual practices to determine the best course of action for them and reinforce the support available to them. The feedback received in relation to ...

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
MLC Wealth is restructuring its financial advice business, including consolidating its aligned dealer groups down to two. MLC Wealth chief executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating ...

What is holding Aussie robo advisers back?

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... 11 ETFs. Super, risk advice hard to find in robos Robo advisers ask a client a set of personal financial questions to determine their risk profile through an algorithm. Based on this risk profile, the robo adviser recommends the client a portfolio that ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... The regulator wanted to know exactly how much information platforms had about fees paid by retail clients and how they determine which fees to include in the fee disclosure statements. ASIC's concerns with platforms' compliance with fee disclosure statement ...