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Showing 9691 - 9700 of 22801 results for "Funds"

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... performance to March, but fell short of improving its revenue. The Sydney-based international investment firm boosted its funds under management thanks to a record $4.6 billion inflow from its JO Hambro Capital Management acquisition. Average funds under ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. The K2 Select International Fund will see ...

Sunsuper hires investment manager from Mercer

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... investment update from Sunsuper chief economist Brian Parker, who noted an increased interest in alternatives, including hedge funds and unlisted assets. He said the diversification benefits of these assets was very attractive, adding: "These assets ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... longer-term. However other industry participants have given lukewarm reactions to the scheme, noting that for superannuation funds and members - the devil is in the detail. NGS Super chief officer Anthony Rodwell-Ball slammed the policy as "logistically ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Self-managed superannuation funds will be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding ...

Board changes at Sandon Capital

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... Velez. Velez has 28 years' experience in corporate law specialising in equity capital markets, mergers and acquisitions, and funds management. He's worked at Freehill Hollingdale and Page (now Herbert Smith Freehills) and most recently with Watson Mangioni ...

Private wealth specialist appoints chief executive

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... in Melbourne, Brisbane and the Gold Coast, employs nine advisers and 25 support staff and has more than $800 million in funds under advice.

AZ NGA edges on $5bn with next acquisition

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... planning, insurance and strategic planning. At the time of the purchase agreement, it manages about $170 million in client funds. "Menico Tuck Parrish is a natural fit for AZ NGA as the team is led by highly experienced financial planners in Anthony ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
... across Australia's superannuation industry as customers transitioned to MySuper prior to 1 July 2017, consolidate their funds and allocate more investments to SMSFs, amid a changing regulatory environment. As a result, both Australian wealth management ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... tax on bank liabilities, responding similarly to the Australian Bankers' Association. "There is a question about what the funds raised will be used for and if the tax will be passed onto customers. This will only increase the cost of borrowing and will ...