Performance fees more popular: MorningstarBY ALISON BEVEGE | THURSDAY, 24 FEB 2011 11:45AMThe lure of performance fees harks back to ancient Phoenician sea captains who kept a fifth of the profits from successful voyages, a piece of history invoked by Alfred Winslow Jones, inventor of hedge funds, when he took 20 per cent of the profits. |
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CALI seeks life insurers exemption from lead generation ban
|The Council of Australian Life Insurers said it will argue a strong case for exemption for life insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system.
Dexus executives step down over leaked airport data case
|Dexus said key executives have been stood down while the board and management consider the NSW Supreme Court judgement for it to sell its stake in Melbourne and Launceston airports.
HESTA extends decades-long partnership with J.P. Morgan
|J.P. Morgan will continue to deliver custodial and fund services for the $102 billion super fund for a further five years, extending their partnership to more than 30 years.
Treasury releases adverse genetic test results ban draft regulation
|Treasury is seeking feedback on draft regulations that ban the use of adverse genetic test results in life insurance, which come into effect on October 8.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
