07/17/2019

Super funds keen on alternatives managers

Of the total mandates appointed, 44% were for alternatives strategies, 30% was for equities, 14% for bonds/cash mandates and 12% for property mandates.

07/16/2019

Nomura ordered to pay back US $25m

The SEC's orders further found that Nomura lacked compliance and surveillance procedures that were reasonably designed to prevent and detect this misconduct, which inflated the firm's profits on CMBS and RMBS transactions at its customers'

07/15/2019

Super fund to reduce admin costs

"It will set us up to be a market-leading, boutique superannuation fund that offers exceptional performance, service and value to our members."

07/15/2019

AMP Life sale blocked

The RBNZ's approval is required due to the branch structure, which exempts AMP Life from a number of legislative requirements in New Zealand.

07/15/2019

Super fund launches new options

This option would be suitable for 45-65 year olds whose debts and expenses are either reducing or paid off, or for those planning for retirement.

07/12/2019

Managed investment scheme operator AFSL canned

The cancellation comes after ASIC banned Australian Mutual's joint executive officers and directors Jeffrey Worboys and Matthew Barnett from providing financial service for six years.

07/12/2019

REI Super announces new partnership

Under the new arrangement, Laneway Analytics will work with REI Super's management team to provide detailed and actionable data insights around membership trends and behaviours.

07/12/2019

J.P. Morgan loses custody contract

"We would also like to acknowledge J.P. Morgan, whom we have had a very strong and productive relationship over many years during which Funds SA has changed and grown significantly."