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Showing 821 - 830 of 3277 results for "RIC"

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Janus Henderson names sole chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
Janus Henderson is dumping its dual leadership structure, with Andrew Formica resigning as co-chief executive. The ASX-listed, London-based funds management giant has announced the appointment of Dick Weil as sole chief executive of the firm. As a result ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
The wealth management industry's ability to realise its full potential and social purpose will be underpinned by a diverse workforce and conscious capitalism, according to Pendal chief executive Richard Brandweiner. Brandweiner said the volume of ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

VanEck adds two to Australian team

KANIKA SOOD  |  THURSDAY, 19 JUL 2018
VanEck has made hires for its investment and operations team to support its Australian ETF business. Cameron McCormack is joining VanEck's investment team as a senior associate. He previously worked at Pacific Life Re Australia as a pricing and ...

Crypto exchange enters superannuation market

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
Cryptocurrency exchange Cointree is entering the superannuation space and enabling members to set up SMSFs that invest in digital assets immediately. It is partnering with New Brighton Capital, an SMSF service provider specialising in helping members ...

HESTA appoints quant general manager

KANIKA SOOD  |  TUESDAY, 17 JUL 2018
The chief quantitative strategist for AXA Investment Managers' equities business has jumped to a $46 billion superannuation fund. HESTA has appointed Michael Kollo as its general manager quantitative solutions and risk, effective July 30. He was ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
If one were to time the genesis of the recent surge in oil prices, it would have to be Saudi Crown Prince Mohammed bin Salman's interview with Time magazine around mid-April this year when he hinted at wanting the price of crude to reach around ...

Should high-income earners pay charity levy?

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy. The levy would be based on a small percentage of earnings for Australians with income of more than $269,000 ($US200,000). ...

Financial services executives in the money

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
Following a highly successful IPO and 41% increase in funds under administration, the last 12 months has seen Netwealth's Michael and Matt Heine named among Australia's richest executives. Netwealth joint managing directors Michael and Matt Heine have ...