Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8471 - 8480 of 22801 results for "Funds"

Praemium inks deal with WA-based wealth manager

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
A West Australian wealth manager with about $1.2 billion in funds under management is Praemium's newest client. Broking and wealth management firm Hartleys will manage its client portfolios using Praemium's reporting and administration platform ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... beneficial for members, but there's significant disparity among premium rates and the level of cover superannuation funds are offering, latest Rainmaker research reveals. The study of 15,000 insurance deals offered through 220 superannuation products ...

US investment giant acquires global fund manager

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... Hermes' well-performing ESG integrated investment strategies to US investors through institutional separate accounts, mutual funds and ESG-related consultancy services," he said. Just last month Hermes announced it will be launching a carbon tool ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... banks' interest rates still on hold, rising US rates would raise the US dollar's yield premium, attracting more funds inflow into America. The flipside, of course, is depreciation in the currencies of America's trading partners. The Chinese ...

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The prudential regulator has chided superannuation funds for investing members' funds held in cash options into non-cash securities like bonds and hybrid debt instruments among others. APRA's review found cash options had exposure to asset-backed ...

Centrepoint bumps up advice litigation provision

KARREN VERGARA  |  MONDAY, 2 JUL 2018
... services for three years in November last year. ASIC found Rao advised a client to obtain financial assistance by withdrawing funds from their self-managed superannuation fund when it wasn't permitted by law or the SMSF's trust deed.

BNP Paribas wins $378bn admin mandate

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... Germany. BNP Paribas will also provide fund administration, depositary and custody services for DWS' actively-managed funds in Germany and Luxembourg. A spokesperson from DWS said the change will not impact the Australian operation, which doesn't ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Both houses of Federal Parliament yesterday passed the Asia Region Funds Passport (ARFP) bill that will open up Asian markets for Australian financial services companies. The legislation was tabled in late March. Wealth management industry data manager ...

Prominent executive links with VFMC board

HARRISON WORLEY  |  FRIDAY, 29 JUN 2018
Victorian Funds Management Corporation is strengthening its board with the appointment of a prominent financial services executive. The Victorian public sector fund manager is welcoming Fiona Trafford-Walker to its board, in a move designed to deepen ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... financial advisers in a damning report showing 90% of financial advice provided in establishing self-managed superannuation funds is non-compliant. Reviewing 250 client files from 102 different AFSLs, ASIC found 91% of files contained financial advice ...