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Showing 9421 - 9430 of 29084 results for "PRI"

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

MSCI adds former Aberdeen Standard distribution lead

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
The former head of distribution for Aberdeen Standard Investments has taken on a leadership role with MSCI. Simone Bouch is now head of Australia and New Zealand client coverage at the research and technology provider. She will be responsible for growing ...

Dealer group strengthens executive lineup

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
A financial advice dealer group has appointed two new group executives to its leadership team. Centrepoint Alliance has appointed a new group executive of advice, and group executive of advice services and solutions. Paul Cullen has been named the group's ...

Managed accounts provider recruits portfolio manager

KARREN VERGARA  |  MONDAY, 3 JUN 2019
A managed accounts provider has hired a long-serving portfolio manager from Hyperion Asset Management. Elston Asset Management appointed Justin Woerner as a portfolio manager in April. He spent more than 14 years at Hyperion, starting out as an investment ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
A growing community of like-minded financial advisers is adding its voice to calls for advice to be deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with ...

Prime Super drops admin fees

KARREN VERGARA  |  MONDAY, 3 JUN 2019
The $5 billion superannuation fund will no longer charge administration fees to members with less than $6000 in their account. Prime Super will cease charging admin fees in line with the Protecting Your Super changes effective 1 July 2019. Chief executive ...

Fund manager buys into Morphic AM

KARREN VERGARA  |  MONDAY, 3 JUN 2019
A specialist equity and alternatives fund manager has acquired an undisclosed stake in Morphic Asset Management. Ellerston Capital gained a controlling interest in global equities manager Morphic, which will now become an Ellerston subsidiary. Morphic ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Colonial First State has appointed a senior Qantas Super executive to a superannuation governance role. The institution has appointed Hugh Loughrey as the head of the office of the trustee. He moves into the role as former head of the office of the ...

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Macquarie's securities business has paid a $300,000 penalty for contravening market integrity rules, the corporate regulator said this morning. ASIC issued an infringement notice to Macquarie Securities on May 3, after its markets disciplinary panel ...

IRESS acquires market data firm

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Financial technology company IRESS is acquiring an international provider of market data and trading infrastructure. IRESS will pay up to €38.9 million for QuantHouse which provides more than 145 data feeds from exchanges and other data providers ...