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Showing 11021 - 11030 of 21783 results for "Dec"

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings. Hedge funds represent about 2.8% of NYCER's total US$51.2 billion ($65.9 billion). Hedge funds have faced ...

Royal Commission disruptive to reforms: FPA

KERRIE SYDEE  |  TUESDAY, 19 APR 2016
The Financial Planning Association of Australia (FPA) has argued that a Royal Commission into financial services would waste millions of tax payer's dollars if it were to include advice. The FPA argues that the industry has undertaken and is implementing ...

MTAA Super awards multi-asset mandate

DARREN SNYDER  |  TUESDAY, 19 APR 2016
MTAA Super has awarded a multi-asset mandate to PineBridge Investments, entering the PineBridge Global Dynamic Asset Allocation Fund. PineBridge managing director Australia, Clint Grobler, said the firm was delighted to be selected by MTAA Super in ...

Mercer Sentinel advising TCorp on custody

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New South Wales government has confirmed that Mercer Sentinel is advising NSW Treasury Corporation (TCorp) on its custodial arrangements. NSW Treasurer Gladys Berejiklian said in a short statement yesterday that the government has engaged a number ...

HESTA reduces equities carbon footprint

DARREN SNYDER  |  TUESDAY, 19 APR 2016
HESTA and Russell Investments have developed an investment strategy that reduces the super fund's global equities carbon footprint by 50% and maintains benchmark performance. The strategy's objective is to remain at or below 50% of benchmark carbon ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
Australia sales of new motor vehicles Sales of new motor vehicles jumped by 2.2% in the month of March - the highest increase in six months -- following an unchanged reading in the previous month, indicating that Australian consumer is lifting discretionary ...

Ibbotson adopts Morningstar brand

ALEX BURKE  |  MONDAY, 18 APR 2016
Ibbotson Associates Australia has announced it will rebrand under its parent company. From July 1, Ibbotson will be renamed Morningstar Investment Management Australia, a move that Ibbotson managing director Chris Galloway said is a "further step in ...

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
CommInsure has appointed its independent claims review panel to address "complex claim assessment." The goal of the panel will be to address issues where CommInsure's claims committee recommends a "complex life insurance claim" be denied; in these instances ...

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
Australia's largest superannuation fund has created a new socially responsible investment (SRI) option that avoids investment in companies with fossil fuel reserves. From 30 May 2016, AustralianSuper's three sustainable investment options will be consolidated ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
Is it still April Fool's or what? We all know it's just for a day - the 1st of April - but exactly two weeks after, the sun is shining, the sky is blue and everything's looking wonderful for me and you. Yes Virginia, financial markets - or more accurately ...