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Showing 8781 - 8790 of 21783 results for "Dec"

GBST Australian revenues dip, UK picks up

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
The 34-year-old fintech's Australian business revenues fell last financial year, just as its UK business delivered strong earnings growth. GBST is a provider of administration for wealth management, capital market and retail broking businesses. Its ...

BNP Paribas product lead joins RBC

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
RBC Investment and Treasury Services recently strengthened its Asia Pacific product team, creating a raft of new roles and recruiting from BNP Paribas Securities Services, BT Financial Group and State Street. RBC has appointed former BNP Paribas Security ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
Macquarie has secured a share in the Investa management platform by way of a new joint venture. Macquarie Real Estate Investment Holding, a wholly-owned subsidiary of Macquarie Group, reached an agreement with ICPF Holdco to purchase 50% of ICPF Holdco's ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interest existed in choosing to boost revenues over meeting "community expectations." The financial services Royal Commission continued ...

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The managed accounts provider has extended the relationship with its custodian as it continues to build its business. NAB Asset Servicing will handle Mason Stevens's custody needs for the next five years. The eight-year-old managed accounts provider ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
"...the next move in the OCR could be up or down". This was a fair enough hedged bet from the Reserve Bank of New Zealand (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
The majority of professionally managed funds in Australia are committed to responsible and ethical investments - a market that is close to approaching $1 trillion. Joint research from KPMG and Responsible Investment Association Australasia (RIAA) shows ...