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Showing 8651 - 8660 of 22146 results for "Tim"

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
BT Financial Group is expanding its divestment from tobacco and controversial weapons. The firm is extending its ESG exclusion framework to investment mandates for internally managed investments, saying customers demand sustainable investing that aligns ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
Sticks and stones may break my bones, but Trump's continued criticisms wouldn't hurt me! US President Donald Trump has blamed the Fed for sparking the recent sell-off on Wall Street as well as threatening to undo the "good" for the economy that ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

Vanguard to launch new ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
Vanguard Australia is set to list two new exchange-traded funds on the ASX, enabling investment in international small companies and global listed infrastructure. The Vanguard MSCI International Small Companies Index ETF (ASX:VISM) and the Vanguard ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Colonial First State has vouched to offload all its tobacco-related investments by 2020, as it signs on to the UN-endorsed Tobacco-Free Finance Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose ...

Macquarie boss joins climate change commission

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Macquarie's chief executive designate Shemara Wikramanayake has been named a commissioner for a global climate change initiative, alongside Bill Gates and Ban Ki-Moon. The Global Commission on Adaptation was launched at The Hague yesterday with ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show. In its fourth year running, the 2017 Risk Differentiation Framework (RDF) report found APRA-regulated funds successfully ...

Mercer wins two super fund mandates

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
Mercer has renewed its administration mandate with a $9 billion industry superannuation fund; and it has become manager for the $250 million Anglican National Super plan. The Synod of the Anglican Diocese of Sydney said it has replaced long-time manager ...

ASIC to review FDS compliance

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
ASIC will review financial advice fee disclosure statements and renewal notices, after licenses submitted breach reports to the extent the corporate regulator is concerned about systemic non-compliance. The FDS review will examine to what extent advice ...

JP Morgan Asset Management grows distribution team

HARRISON WORLEY  |  MONDAY, 15 OCT 2018
JP Morgan Asset Management appointed a former BlackRock institutional director, expanding its Australian distribution team. Prema Basoor links with the US$1.7 trillion firm as an executive director, institutional client advisor. She will be based in ...