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Showing 11031 - 11040 of 15807 results for "TER"

Market Wrap - Morning

AAP  |  FRIDAY, 16 MAR 2012
The Australian market looks set to open higher as international markets continued overnight. At 0820 AEDT on Friday, the March share price index futures contract was up 21 points at 4,309. No major economic news is expected on on Friday. In equities ...

Goldman Sachs defends reputation after scathing NY Times op-ed

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
Global investment banking giant Goldman Sachs has hit back at the views of former executive director Greg Smith, who slammed the firm in a strongly worded resignation letter published in the New York Times. The former head of US equities in Europe ...

Unions, AIST hit back at Abbott comments

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
Unions and super associations have responded to comments from Opposition leader Tony Abbott who blasted union involvement in industry super funds. According to The Australian, Tony Abbott reportedly called industry super funds gravy trains for union ...

Gold Coast adviser faces criminal charges

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
A banned Gold Coast adviser is now facing criminal charges, accused of providing advice without reasonable basis and making false and misleading statements. Ian John Weaver appeared in court this week charged with 12 counts of failing to have a reasonable ...

Gonski appointed new chair of Future Fund

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
David Gonski will resign as chair of the ASX Group to replace former CBA boss David Murray as the new chair of the Future Fund, in charge of nearly $90bn in assets. The government has also appointed Morgan Stanley Australia head, Steven Harker, to the ...

Investment FUM nears $1.4 trillion

ALEX DUNNIN  |  TUESDAY, 13 MAR 2012
The Australian sourced investment management market climbed 1.9% during the December 2011 quarter to $1.370 trillion, Rainmaker has revealed in its latest Roundup report. Annual growth was negative 1.6%, resulting in FUM still being below the pre-GFC ...

Southeastern targets instos with Australian expansion

MELANIE TIMBRELL  |  TUESDAY, 13 MAR 2012
Southeastern Asset Management has opened an Australian office based in Sydney to attract Australian institutional investors to its long-term global equity strategy. The Australian and New Zealand business has already attracted local institutional mandates ...

FirstMac fixed income fund 'Recommended'

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
FirstMac Limited's fixed income managed fund, FirstMac High Livez, has been rated 'Recommended' by Zenith Investment Partners and will be included on their recommended list of products. The fund was launched in early 2011 and provides retail access ...

Gen Y aiming high: REST

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
The majority of Gen Ys have high aspirations for their futures, with two thirds expecting to work as hard, if not harder than their parents to achieve their desired lifestyle. A new survey by REST Super looks at the "wealth style" of 600 18 to 30 year ...

APRA calls for risk-consistent exec pay

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
Remuneration practices ill aligned to risk management objectives will be of primary interest to the regulator, as APRA implements its standards on executive remuneration. Remuneration policies that encouraged risky behaviour were identified as a practice ...