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Showing 901 - 910 of 2289 results for "Generate"

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... terms of promoting improper broker conduct, as there was financial incentive for brokers and traders to act together to generate brokerage. Further incentive existed for brokers and traders to collude to boost brokerage as 3% of each desk's brokerage ...

New open ended fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
A trans-Tasman asset manager is launching a new fund for Australian investors. Milford Asset Management announced the launch of the Milford Dynamic Fund, saying it will build on the momentum generated by the Milford Australian Absolute Growth Fund. ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
QMV is kicking off a new legal business aimed at future needs of superannuation trustees and has picked a former UniSuper lead as its managing partner. The consultancy firm currently works with about 25 superannuation clients. Recent work has been focused ...

Elders in discussions over future

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... financial planning industry mean that it has become increasingly difficult for EFP, as a small scale dealer group, to generate the income required to cover higher regulatory compliance and insurance costs," the company said. Elders Financial Planning ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... interests of their policyholders. "This differs from the current bank owned model that sells and markets products to generate profits/dividends for their shareholders without necessarily benefiting policyholders," Daniels argued. "Furthermore, the profits ...

Bravura signs with major fund administrator

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... see the organisation implement Bravura's Australian tax solution. The organisation will leverage the tax platform to generate new operational efficiencies and enhance customer service delivery. Bravura said the fund administrator is a leading specialist ...

First Sentier launches funds, picks new RE

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... Australian Share Fund will invest in Australian companies outside the S&P/ASX Top 20 Index that are growing strongly and generate superior returns on capital. It will be managed by Dushko Bajic, First Sentier's head of Australian equities growth ...

Aussie bond fund added to Zenith model portfolio

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
... on Zenith's 'highly recommended' rating category for a number of years. "We believe [the fund] is well positioned to generate returns through a range of active strategies including sector rotation, credit selection and, to a lesser extent, interest-rate ...

Blackstone makes $8.7 billion purchase

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... business during its next stage of growth. "This sale allows Colony to both achieve compelling returns for our investors and generate significant liquidity, which among other uses, will help accelerate our ongoing transition into digital real estate and ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
An $8 billion industry superannuation fund has cut fees for accumulation members. From today, Energy Super has decreased the asset-based administration fee charged to accumulation members by four basis points - from 0.22% to 0.18%. The move will see ...