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Showing 9571 - 9580 of 21783 results for "Dec"

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
The European Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something ...

Australian multi-affiliate appoints custodian for Irish expansion

ALEX BURKE  |  THURSDAY, 26 OCT 2017
An Australian multi-affiliate manager is introducing a new Irish-domiciled fund and has appointed a provider of custody and fund administration services. RBC Investor and Treasury Services (RBC I&TS) will oversee custody, administration, treasury, collateral ...

Former Crestone CIO joins Aberdeen Leaders

ALEX BURKE  |  THURSDAY, 26 OCT 2017
The board of Aberdeen Leaders Limited (ALR) has appointed a joint chief executive and chief investment officer. David Sokulsky was previously chief investment officer of Crestone Wealth Management. Prior to that, he was head of investment strategy at ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
The sale of OnePath businesses will result in about $120 million in losses once the transaction is complete, ANZ flagged in its full-year results to September. Earlier this month the bank announced it will divest OnePath's pensions and investments ...

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
A high prevalence of Australians receiving superannuation payments as a lump sum is exacerbating the risk of retirees falling into poverty, a global study shows. Three out of 10 Australian retirees over 75-years-old are income-poor, and living on less ...

FPA reveals annual award finalists

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2017
The Financial Planning Association of Australia received a record number of entries for the 2017 FPA Awards ahead of its Professionals Congress in Hobart next month. Announcing the award finalists, FPA chief executive Dante De Gori said he was impressed ...

Vanguard aims to defuse the active debate

ALEX BURKE  |  TUESDAY, 24 OCT 2017
New research from Vanguard argues that the decision to allocate to active or index strategies - or both - should be based on a systematic process, not emotions and personal preferences. Vanguard, which manages more than US$1 trillion in active money ...

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
Aurora Funds Management finalised its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Acting as the responsible entity for both the Aurora Global Income Trust (AIB) and HHY, Aurora closed the takeover bid on October 13. The ...

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
The Commonwealth Bank is standing by the way it rewarded bonuses to senior executives between 2015 and 2016, the period it was made aware of potential anti-money laundering and counter-terrorism law breaches, a public inquiry has found. Commonwealth ...

Active the best way forward for super: Research

DARREN SNYDER  |  MONDAY, 23 OCT 2017
An Australian investment consultant and research specialist is further endorsing that superannuation fund trustees adopt active management in the best interests of members. Peterson Research Institute founder and director John Peterson issued a media ...