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| | | Boutique specialist, Apostle Asset Management has entered into an exclusive distribution agreement with Dundas Global Investors to offer its Global Equities Strategy to Australian institutional clients. Dundas Global Investors is an independent, global ... |
| | | | ASIC chairman Greg Medcraft has been elected chairman of the board of the International Organization of Securities Commissions (IOSCO) at the annual conference in Beijing. Medcraft's IOSCO term will begin when current chairman, Masamichi Kono, steps ... |
| | | | Facebook's IPO, priced at $38 per share will raise $16bn in the largest tech IPO in history, yet some local fund managers are questioning the $104bn valuation the price will give the social network. "The $38 share price highlights the fact it seems ... |
| | | | The Australian Institute of Superannuation Trustees MySuper third tranche submission has warned that the July1 2013 deadline for the disclosure of MySuper comparisons on a product dashboard is very tight, urging the Government to move quickly to provide ... |
| | | | Australian stocks have opened higher, with gains among the big miners helping defy a weak lead from offshore markets. At 1029 AEST on Thursday, the benchmark S&P/ASX200 index was up 13.8 points, or 0.33 per cent, at 4,179.3 points, while the broader ... |
| | | | The Commonwealth Bank has reported growth in its funds under administration in the first quarter of 2012, with strong net flows into its FirstChoice and Custom Solutions platforms. Improved investment markets and performance saw funds under administration ... |
| | | | UBS Global Asset Management has this week launched two new wholesale products designed with a view to the upcoming MySuper legislative changes and in response to client demand. The UBS Tactical Beta Fund - Conservative and the UBS Tactical Beta Fund ... |
| | | | Australian stocks were down close to two per cent at noon with the resources-linked sectors doing it toughest on a day of broad-based declines. At 1203 AEST on Wednesday, the benchmark S&P/ASX200 index was down 79.6 points, or 1.87 per cent, at 4,186.7 ... |
| | | | Superannuation funds would be forced to reveal related party fee details if a union push on disclosure succeeds, in a move likely to hit bank-aligned retail funds. The policy on retirement income and superannuation, due to be signed off at the ACTU ... |
| | | | The Australian Institute of Superannuation Trustees is calling on its 80 member funds to provide full disclosure of trustee director and executive pay, and not wait for Government regulation. The Australian Institute of Superannuation Trustees (AIST) ... |
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