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Showing 8481 - 8490 of 22801 results for "Funds"

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
... predominantly from overseas, and one-third from high-net-worth individuals or family offices. It currently runs eight private debt funds - unlisted and closed end. Schwartz said Australia's commercial real estate debt market is valued at about $270 ...

Former NAB, AMP adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... had recommended gearing strategies when clients could not afford them. He also recommended clients switch superannuation funds without providing sufficient detail in the Statement of Advice (SoA) for the clients to make informed decisions. Finally, Cowper ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... Bloomberg's headline, "China's Yuan Tumble Blindsides Traders, Spurs Worry Over Impact". This doesn't make sense for as funds flow out of Chinese equities, there would be less demand for the yuan, hence the fall. And oh, there's also ...

Global regulation hub launched for asset managers

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
... is rolling out a new service for asset managers, providing up-to-date legal and regulatory requirements for distributing funds across jurisdictions. Tech-driven, financial services law firm Zeidler Legal Services has launched the Global Knowledge Hub ...

Aussie asset manager cops ASIC intervention

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... alternative asset manager, citing concerns over the corporate governance of the firm after the misappropriation of investors' funds by a former employee. Aurora Funds Management is now required by ASIC to engage an independent expert approved by the ...

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
K2 Asset Management is slashing the fees for its K2 Asian Fund, making it one of several funds to undergo fee restructures in the past year. From 2 July 2018, the K2 Asian Fund will charge a management fee of 1.36% as opposed to 1.54%. Performance fees ...

Wealth fintech partners with Milliman

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... year, Ignition Wealth also struck a deal with BT Panorama. Ignition Wealth operates as software as a service (SaaS). The funds are held by clients like banks, insurance companies, and superannuation funds. Ignition doesn't hold any funds. The company ...

Willis Towers Watson bolsters senior management

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Willis Towers Watson is expanding its local senior management with the appointment of a former Funds SA portfolio manager. Fresh from an 11-year career with Funds SA, Simon James has linked with the global consulting firm as its new Australian head ...

Allianz Retire+ announces leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
... former partner at EY and has spent about 20 years working with financial institutions, primarily insurers. Meanwhile, BT Funds Management non-executive chair and iCare director David Plumb has been named inaugural chair of the board. In addition to Stewart ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... with China. The Chinese stock market's reaction suggests that recent China's efforts at stemming the outflow of funds is not working. According to Bloomberg: "Investors have largely ignored government measures to support market sentiment, including ...