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Showing 9291 - 9300 of 29084 results for "PRI"

Super fund launches new options

KARREN VERGARA  |  MONDAY, 15 JUL 2019
A $1.5 billion superannuation fund has introduced new ethical options for its 27,000 members. Christian Super, which is a founding signatory to the United Nations Principles for Responsible Investment, has launched two new options: Ethical Growth Plus ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that ...

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
The Australian financial services licence of a Sydney-based managed investment scheme operator was cancelled by ASIC. The corporate regulator cancelled the licence of Australian Mutual, which operated a number of investment schemes. The cancellation ...

Beyond the China A shares hype

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
As major indices increasingly broaden accessibility to Chinese equities, one emerging markets specialist argues investing in the country goes beyond index inclusion. The landmark move by MSCI last year opened the floodgates to the once-difficult-to-access ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
The Bloomberg US Dollar Spot index was trading at 96.7680 on the day Trump tweeted the below: "China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being ...

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
Christopher Joye's Coolabah Capital Investments is taking full ownership of a retail fund management business it developed as a joint venture with Yellow Brick Road. Smarter Money Investments offers fixed income and cash strategies managed by Coolabah. ...

ESG options outperform in the short term: Research

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Investment options managed according to socially responsible, ethical or sustainability principles tend to outperform in the short-term, new superannuation research shows. Rainmaker's latest Roundup report, which analysed 139 multi-manager, strategic ...

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
A former financial adviser who used $5 million in client funds to prop up his own business, pay off his credit cards and gamble has been jailed. James Gibbs was convicted of theft and dishonesty offences committed when he was director of James Gibbs ...

AMP Advice executive joins AFA

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
The head of corporate development at AMP Advice has taken on a new role with the Association of Financial Advisers. Robert Coulter will join the association as general manager, partnerships. AFA chief executive Philip Kewin said Coulter's extensive ...

Asset manager reshuffles board

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
An ASX-listed alternatives manager has shuffled its board lineup, with a new chair on the way. Keybridge Capital - which has been embroiled in a stoush with former funds management arm Aurora Funds Management over claims of owed funds - is in the process ...