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Showing 841 - 850 of 3397 results for "ABS"

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
The Code of Ethics does not seek to ban particular forms of remuneration nor does it say that any forms of remuneration are specifically a conflict, FASEA chief executive Stephen Glenfield told the FPA Congress. Appearing as part of a regulatory update ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
Fund managers of active fixed income strategies are rethinking their pricing as financial advisers and institutional investors drive a harder bargain in a lower-returning world, and new retail opportunities beckon. Several fixed interest giants, including ...

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
A $47 billion retail superannuation fund has dropped a K2 Asset Management Aussie equities fund for another manager's offering. The K2 Australian Absolute Return Fund managed $46.8 million on behalf of AMP Superannuation Trust and other AMP clients ...

Industry fund swaps small caps managers

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
Two small caps managers have had to hand back $500 million to Vision Super, as the fund swaps them out for a new manager. Kinetic Investment Partners managed about $230 million for the fund in Australian small caps while Perpetual Investment Management ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... Group's report revealing that: "The total multiplier for output and employment in the construction industry is estimated by the ABS to be 2.866. So, for every $1 million increase in construction output, there is an increase in output elsewhere in ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
Senator Jane Hume has slammed the superannuation industry over the excuses used by super funds for not merging, saying there is simply no excuse when members' best interests are at play. Speaking on the final day of the ASFA Conference in Melbourne ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... absence of SEC-registered RMBS offerings, I am interested in receiving feedback on whether any portion of the Commission's 2014 ABS rules are a significant contributing factor to this absence." The SEC rules require 270 data points for each asset (in ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members. Payden & Rygel was awarded the mandate from Rest, with its Payden Absolute Return Investment (PARI) strategy ...