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Showing 9161 - 9170 of 21783 results for "Dec"

WAM Capital founding director resigns

ALEX BURKE  |  FRIDAY, 6 APR 2018
One of the founding directors of Wilson Asset Management's WAM Capital LIC is resigning, and his successor has been appointed. Matthew Kidman has served on WAM Capital's board since 1999. He joined WAM in 1998 as a portfolio manager, having previously ...

BetaShares corners market with super-cheap Aussie equities ETF

ALEX BURKE  |  FRIDAY, 6 APR 2018
BetaShares will roll out the world's lowest-cost Australian equities ETF, with management costs of 0.07%. The BetaShares Australia 200 ETF invests in the largest 200 companies listed on the ASX and will trade on the exchange under the ticker code A200. ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
MySuper products now have more than $635 billion in assets and account for about one-quarter of Australia's $2.6 trillion superannuation system. Rainmaker's latest MySuper report shows the sector is growing at twice (19%) the pace of overall superannuation ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
Reserve Bank of Australia (RBA) governor Philip Lowe must be sporting a smile on his lips for just a day after the Board met on the April 3, the Australian Bureau of Statistics (ABS) released its latest report on retail spending and...it was good. The ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

Contango restructure sees reduced headcount

ALEX BURKE  |  THURSDAY, 5 APR 2018
Following its acquisition of Switzer Asset Management, Contango Asset Management (CGA) has reduced its headcount and is relocating to Sydney as part of a wider restructure to focus on retail distribution. Speaking to Financial Standard, CGA chief executive ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
Blue Sky Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its ...

Diversity leads growth manager in new direction

DARREN SNYDER  |  TUESDAY, 3 APR 2018
A revamped ESG investment model at an Australian asset manager is turning conversations where large companies now approach the firm for advice on corporate sustainability reporting. In 2016, Platypus Asset Management decided to rebuild its ESG investment ...

CBA mulls sale of Indonesian life business

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
Commonwealth Bank will potentially offload its Indonesian life insurance business as part of a strategic review. The bank announced it is undertaking a strategic review of PT Commonwealth Life (PTCL) and has engaged external advisers to weigh the possibility ...

MetLife makes senior hire

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
The former head of group insurance product and strategy at MLC is now leading MetLife's group product division. MetLife appointed Stephen Sefton as head of group product, charged with expanding its group insurance product offering and capabilities. ...