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Showing 9351 - 9360 of 21783 results for "Dec"

Active manager diversity breeds performance: WTW

ALEX BURKE  |  WEDNESDAY, 24 JAN 2018
Investors who rely on a single active equity manager are more likely to underperform, according to Willis Towers Watson research. The analysis revealed that if an investor were to pick one equity manager randomly, chances of adding value are low - even ...

EY issues ICO theft warning

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
Investors have lost about US$400 million in the initial coin offering (ICO) market due to theft and cyberattacks, a new EY report shows. EY studied 372 ICO projects globally in 2017 that raised US$3.7 billion in funds - twice the volume of venture capital ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
CBA is set to compensate a further $1.9 million to customers affected by five former "high-risk" financial advisers, according to ASIC. CBA will review the five former representatives' advice, licenced under subsidiaries Commonwealth Financial Planning ...

Asset management services provider expands to Australia

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
A global brokerage firm has acquired a licence to offer multi-asset investment management services in Australia. Blackwell Global Hong Kong attained a licence via the Hong Kong Securities and Futures Commission to issue asset management services relating ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
"QQE with Yield Control" is here to stay as long as it's necessary to "achieve the price stability target of 2 percent" and "stays above target in a stable manner". The Bank of Japan (BOJ) couldn't be clearer on its forward guidance following the conclusion ...

SG Hiscock wins small cap mandate

ALEX BURKE  |  TUESDAY, 23 JAN 2018
SG Hiscock & Company was awarded a small cap mandate from an Australian boutique multi-manager. Following on from its investment in Supervised Investments' Global Income Fund yesterday, Alpha Fund Managers has now made an allocation to SG Hiscock's ...

KPMG names insurance and wealth lead

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
KPMG Australia appointed a former AXA executive to lead its specialist insurance and wealth management division. Sydney-based Tim Thomas is the lead partner of the insurance and wealth strategy advisory practice, which sits within KPMG's global strategy ...

Clime IM appoints private wealth head from Suncorp

ALEX BURKE  |  TUESDAY, 23 JAN 2018
Clime Investment Management named the head of its private wealth division and flagged the development of interstate offices in an investor update. Maria Greensill was previously manager, financial planning operations at Suncorp. Before that, she was ...

OpenMarkets appoints executive, announces integration

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
Digital stockbroker OpenMarkets has appointed its first chief operating officer and integrated with an ASX-listed fintech to benefit Australia's growing network of self-directed investors. Lee Redpath joined OpenMarkets in the newly-created role, leaving ...

Royal Commission begins in February

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is calling for submissions ahead of its first hearing on Monday, 12 February 2018. The initial public hearing, which will see the Commissioner and Senior ...