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| | | Two of Australia's biggest industry superannuation funds have backed a San Francisco-based crowdsourced cybersecurity startup, taking part in a $33 million capital raise. Hostplus and First State Super have invested in Bugcrowd, a security platform ... |
| | | | ... numbers increased by 1.8% for our top five [super] clients and just under 1% across the board," McMurtrie said. "Smaller funds are experiencing some diminution of members and maybe in part to demographics. But big brands in super fund land are building ... |
| | | | ... former Millennium 3 and Lonsdale Financial Group financial adviser was banned for seven years for personally using client funds. Glenn William Connor was banned by ASIC after it found that he had used clients' assets as security for a margin loan and ... |
| | | | ... in February, the NPP is able to settle transactions in real-time. The time it takes to top up or transfer between super funds could be slashed from two days to almost instantly, the white paper shows. Within the superannuation industry, this could positively ... |
| | | | ... such as CoinSpot and Coinbase which only allow users to sign up in their own name. "In many cases, corporate trustees of funds or multiple trustees have taken money out of the fund and put it into their exchange account, breaching the SIS Act. It's what ... |
| | | | The growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows ... |
| | | | ... Reporting a 107% rise on the prior corresponding period, Netwealth's suite of managed accounts now hold $1.4 billion in funds under management. Listed on the ASX at the end of November 2017, the platform experienced a $2.7 billion increase in funds under ... |
| | | | ... into a long-term strategic partnership with BetaShares, which will see the two launching a suite of active exchange-traded funds on the ASX. Sowerby said BetaShares was an obvious choice for collaboration, given its track record of growth, broad range ... |
| | | | ... half of 2018. Sequoia FG recently welcomed John Larsen as a non-executive director to its board. Larsen led the Odyssey Funds Management board between 2002 and 2009, and was previously on the investment committee of Huntley Investment Company and is ... |
| | | | ... message is the same as to the direction of monetary policy: "In the FOMC's view, further gradual increases in the federal funds rate will best promote attainment of both of our objectives. As always, the path of monetary policy will depend on the economic ... |
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