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Showing 8981 - 8990 of 21783 results for "Dec"

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
The Financial Services Council welcomes key recommendations made in the Productivity Commission's assessment of superannuation efficiency and competitiveness. It agrees consumer outcomes could be significantly improved. A central finding of the PC report ...

Aussie retail crypto fund flags broker partnership

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
A new cryptocurrency investment fund open to retail investors is entering a strategic partnership with one of Australia's largest crypto broker firms. The New Dawn Fund was launched in April and is led by managing director Rob Dey, who was previously ...

Investa mulls Blackstone deal, possible insto partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
Investa Wholesale Funds Management has responded to Blackstone's offer to acquire the Investa Office Fund. On Monday, Investa Listed Funds Management - RE for the office fund - announced Blackstone had submitted an all-cash proposal to acquire IOF ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Parametric wins $60m global equities mandate

ALEX BURKE  |  TUESDAY, 29 MAY 2018
Parametric won a $60 million mandate for its tax-managed indexing (TMI) strategy from an $8.5 billion super fund. Australian Catholic Superannuation and Retirement Fund (ACSRF) previously awarded Parametric an after-tax passive global equities mandate ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
The sharp turnaround in the All Ordinaries index from the 2018 low of 5859.15 points plumbed on April 3 to 6234.95 points - 6.5 points short of this year's high of 6241.46 points (January) - by May 14 it had almost prompted me to declare that 2018 ...

Industry fund promotes internally to drive growth

HARRISON WORLEY  |  TUESDAY, 29 MAY 2018
An industry super fund with more than $44 billion in funds under management has appointed a group executive of people, technology and enablement. Cbus has promoted current group executive for member experience, Michelle Boucher, into the new role. Cbus ...

Big data's big retirement benefits

DARREN SNYDER, STEPHEN FAY  |  MONDAY, 28 MAY 2018
J.P. Morgan Asset Management says big data is allowing retirement income products to be better customised to the individual and more dynamic in managing retiree spending. The asset manager has designed a solution in the US, assisted by retiree data ...

Ausbil builds out team for new strategy

ALEX BURKE  |  MONDAY, 28 MAY 2018
Ausbil has made four appointments to manage its new global listed infrastructure strategy. Joining as portfolio manager is Tim Humphreys, who was previously head of global infrastructure at AMP Capital. He has also held roles at RARE and Rothschild ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud. Ben Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative ...