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Showing 9631 - 9640 of 21783 results for "Dec"

J.P. Morgan remains largest custodian

DARREN SNYDER  |  WEDNESDAY, 4 OCT 2017
Assets under custody in Australia grew 6.4% in the first half of 2017, reaching more than $3.2 trillion. J.P. Morgan remains the largest overall provider in the Australian custody market with $641 billion in assets under custody as at 30 June 17. This ...

Cromwell divests IOF, reopens fund

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2017
ASX-listed Cromwell Property Group will sell its entire stake in an office fund and reopen another fund to investors for $30 million in additional funding. Cromwell will sell down its 9.89% stake in the Investa Office Fund (IOF) to Investa Property ...

Digital assets overlooked in estate planning

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2017
Research from two Australian universities found that overlooking digital assets in estate planning could have dire implications for business owners. Most Australians (71%) are unaware of what would happen to their digital assets when they pass away ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
It was a ho-hum event, the Reserve Bank of Australia's (RBA) 3 October board meeting, that is. The Australian central bank kept interest rates unchanged as widely expected. This takes to 14 the number of months the RBA has kept the official interest ...

QIC boosts US presence with acquisition

DARREN SNYDER  |  TUESDAY, 3 OCT 2017
QIC is expanding its global real estate operation in the US through the purchase of 10 regional shopping malls on behalf of one of the investment giant's clients. QIC acquired additional interests in its joint venture partner Forest City Enterprises ...

Less than half pass CFA exam

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
More than half of new Chartered Financial Analyst (CFA) candidates failed the first level of the six-hour examination, recent results from the CFA Institute shows. Of the 63,281 global candidates who took the mid-year Level I sitting (also offered in ...

Global $1.2tn manager buys Australian firm

ALEX BURKE  |  TUESDAY, 3 OCT 2017
An international asset manager with more than $1.2 trillion in assets is boosting its Australian presence with its first major local acquisition. Natixis Global Asset Management purchased 40% of Investors Mutual (IML) for $120 million from Pacific Current ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
"They float. They all float!" Nah, not scribbling to spook the bejeesus out of you ala Pennywise the clown of "It" fame. Au contraire, the quote refers to the manufacturing PMI survey releases showing that the world's biggest economies are all - not ...

Former Financial Wisdom adviser banned

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
A former authorised representative of Financial Wisdom has been permanently banned from providing financial services. Koresh Daniel Houghton was found to have engaged in misleading, deceptive and dishonest conduct and failed to act in his clients' best ...

Madison FG appoints governance head from ANZ

ALEX BURKE  |  FRIDAY, 29 SEP 2017
Madison Financial Group has appointed a new head of governance and professional standards. Kirsten Lynn joins Madison from ANZ Private, where she was an associate private wealth adviser. Prior to that, she was a legal officer for merits review and decisions ...