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Showing 851 - 860 of 3397 results for "ABS"

Boutique launches global equities fund

KANIKA SOOD  |  TUESDAY, 5 NOV 2019
A boutique founded by former Goldman Sachs equities investors is launching a new global equities fund. Auscap Asset Management was co-founded in 2012 by Tim Carleton and Matthew Parker who were both executive directors at Goldman Sachs, responsible ...

Sunsuper, QSuper confirm merger talks

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
The two industry funds are in talks over a possible merger, one which would see the creation of Australia's largest superannuation fund. Queensland-based industry superannuation funds Sunsuper and QSuper have confirmed they are locked in discussions ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
A new report from the Productivity Commission estimates mental ill-health and suicide is costing Australia up to $180 billion a year, or almost $500 million a day. The Productivity Commission draft report on mental health was published on October 31. ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

Extension for super fund portfolio disclosures

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
The Australian Securities and Investment Commission has extended the deadline for superannuation trustees to disclose their portfolio holdings. ASIC said it amended the order to provide "legal certainty" about the first reporting day, given that the ...

Trustee firm launches admin platform

JAMIE WILLIAMSON  |  TUESDAY, 29 OCT 2019
A trustee group is expanding its offering with the development of a new fund administration platform. MSC Trustees has launched MSC Abacus, a tailored fund registry, reporting and accounting service for capital managers. The new business is led by general ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
IOOF's annual report includes details of the termination remuneration for former managing director Christopher Kelaher. The report shows Kelaher received a termination payment of $1,273,379 in lieu of his contractual notice period along with additional ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
A relatively new advice association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions. The United Financial Advisers Association (UFAA) now has over 4000 members after launching just a few months ago. ...

Superannuation gets a classroom

ELIZABETH MCARTHUR  |  TUESDAY, 22 OCT 2019
A physical space has been created for superannuation education by a $9.7 billion industry fund. Statewide Super has created the SuperHub, a centre dedicated to superannuation education and open to everyone - not just Statewide members. The centre opened ...

Robeco launches new fund

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
Global investment manager Robeco has launched a new multi-factor fund for Australians. The Robeco Multi Factor Absolute Return Fund will be added to Robeco's suite of factor investing strategies offered in Australia. Robeco said the fund has an enhanced ...