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Showing 851 - 860 of 3289 results for "Smith"

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
The Financial Services Council has proposed a new tax package calling for company tax to be cut to 22% from its current 30%. The industry body also wants to see "lower, flatter, indexed" income tax rates. The FSC said its tax reform package is designed ...

New business drives record HUB24 inflows

MARK SMITH  |  MONDAY, 18 JAN 2016
Platform provider HUB24 has seen an 89% year-year-on jump in funds under administration following record inflows in the second quarter. The company's gross inflows to its investment and superannuation platforms for the second quarter of FY2016 were ...

Bell Financial Group posts strong result

MARK SMITH  |  FRIDAY, 15 JAN 2016
Listed stock broking and advisory firm Bell Financial Group saw its before-tax profit increase 165% in 2015. Unaudited full year profit before tax is expected to exceed $22 million, underpinned by strong equity capital markets performance throughout ...

PIMCO hires distressed credit specialist

MARK SMITH  |  FRIDAY, 15 JAN 2016
PIMCO has hired an executive vice president and portfolio manager focusing on distressed credit strategies. Based in the firm's London office, Lionel Laurant will report to Marc Seidner, managing director and chief investment officer - non-traditional ...

Demographic darlings and disasters revealed

MARK SMITH  |  FRIDAY, 15 JAN 2016
It's well-known that demographic changes will shape investment opportunities and challenges in the future; what's less understood is where the main sources of population growth will arise. A new report by RBC Capital Markets considers the impact of ...

Vanguard tells investors to watch what they pay

MARK SMITH  |  THURSDAY, 14 JAN 2016
As active fund managers warn about exposure to index trackers amid a January market route, Vanguard group chairman and chief executive Bill McNabb has hit back. Super funds, asset managers, economists and academics alike have said investors must expect ...

Rubik appoints head of marketing

MARK SMITH  |  THURSDAY, 14 JAN 2016
Financial services software company Rubik Financial has appointed Joanna McCarthy to the newly created position of head of marketing and communications. Reporting to Rubik chief executive, Iain Dunstan, she will be responsible for all brand, digital ...

ME names chairman replacing Weaven

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
ME has named the person taking over from not-for-profit sector heavyweight Garry Weaven as chair of the industry fund-owned bank. Ken Hodgson, who joined the ME board in January 2012, took over from Weaven on 1 January 2016. The decision was ratified ...

Hedge funds suffer worst year since 2011

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
Last year was a bad one for hedge funds as they suffered their worst returns since 2011. Numbers from industry researcher Eurekahedge showed that its benchmark hedge fund index returned 1.56% in 2015. Though that's the worst absolute return in four ...

HESTA makes first impact investment in affordable housing

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
HESTA has made a $6.7 million investment in Horizon Housing, a community housing provider operating in Queensland focused on increasing the supply of social and affordable housing and helping low income earners achieve home ownership. The super fund ...