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Showing 871 - 880 of 1190 results for "NAV"

AMP China Fund changes "too weak": unit holders

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
... perceive that AMP Capital is strongly incentivised to hold onto Fund assets as it is paid a management fee based on the Fund's NAV." In a written statement, LIM Advisors added: "The Fund has sizable assets of $580 million and a market capitalisation ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
... opt-in, rather than requiring them to opt-out. This is expected to reduce the impact of new issuances on net asset value (NAV) over time. The fund will also provide daily NAV estimates to increase transparency of the fund's performance, and it will clarify ...

Life reforms see AIA boost team

STAFF WRITER  |  TUESDAY, 18 AUG 2015
Helping licensees and advisers navigate the latest life insurance reforms has led to AIA Australia making several additions to its strategic partnerships team. Joining AIA Australia as head of strategic partnerships is Kristen Lennis-Harvey who will ...

Market to open lower

AAP  |  MONDAY, 27 JUL 2015
The Australian market looks set to open lower after falls on US and European markets following disappointing US home sales and China factory output data. At 0750 AEST on Monday, the September share price index futures contract was down 49 points at ...

NAB refunds $25m to Navigator Wrap customers

ALEX BURKE  |  FRIDAY, 24 JUL 2015
NAB will refund roughly $25 million to 62,000 customers on its Navigator Wrap platform following an independent review. The review investigated errors associated with income and tax allocations on account closure from September 2001 to April 2015. These ...

New SMAs at MLC increasing exponentially

DARREN SNYDER  |  TUESDAY, 21 JUL 2015
Three separately managed accounts (SMAs) added to the MLC Wrap and Navigator platforms have had a combined intake of more than $7 million since their launch in May. The launch of the Antares Listed Property, JBWere Listed Fixed Income and Redpoint Industrials ...

LGS and Intrust Super appoint J.P. Morgan as custodian

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
A rapidly evolving investment climate has formed a major part in both Local Government Super (LGS) and Intrust Super reappointing J.P. Morgan to provide custodial services. LGS chief executive, Peter Lambert, said LGS was seeking a custody partner that ...

Henderson acquires IOOF's Perennial

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
Henderson Group has acquired fund manager Perennial Fixed interest Partners and Perennial Growth from IOOF and has increased its stake in a third investment firm. UK-based Henderson has bought all the shares of Perennial Fixed interest Partners and ...

Market lower as Wall Street falls

AAP  |  MONDAY, 25 MAY 2015
The Australian market looks set to open lower following falls on Wall Street on Friday. The June share price index futures contract was down nine points at 5,6732. On Friday, US stocks finished lower after Federal Reserve Chair Janet Yellen said the ...

Netwealth rolls out Model Office improvements

STAFF WRITER  |  TUESDAY, 19 MAY 2015
The netwealth Advice Group has released its enhanced Model Office financial planning software which is designed to simplify the ease of use of the Iress Xplan software and improve the client experience. Improvements to the software's look and ease of ...