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Showing 1111 - 1120 of 1325 results for "Stage 2"

Hong Kong cracks down on Lehman Bros

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Following last year's Lehman Brothers collapse, the Hong Kong Monetary Authority has revealed there are still 930 cases involving the failed bank still under disciplinary consideration within the Chinese state. HKMA announced last Friday that there ...

Of bulls, bears and flatliners

BENJAMIN ONG  |  TUESDAY, 7 JUL 2009
Quo Vadis Wall Street? A sell-off in the first quarter that rebounded towards the end. A strong rally in the second quarter that fizzled towards the end. Where is Wall Street going in the next three months? The next year? Your guess is as good as mine. ...

Plug the information gap: SimCorp

MICHELLE BALTAZAR  |  FRIDAY, 3 JUL 2009
Super funds could do more than rely on their custodians to manage their investment data, with one tech firm highlighting the benefits of taking the job in-house, ahead of APRA's more extensive data collection later this year. Historically, super funds ...

Ambassador gains $2.5bn

MICHELLE BALTAZAR  |  TUESDAY, 30 JUN 2009
From a standing start four years ago, third party funds marketing and services group Ambassador now represents $2.5 billion of funds - proof that a financial crisis can slow but not stop institutional demand for high quality investment managers. Richard ...

Super assets to hit $2 trn by 2015: Deloitte

MICHAEL HOBBS  |  THURSDAY, 25 JUN 2009
Deloitte predicts assets under the superannuation industry to hit $2 trillion in under six years, with industry funds and SMSFs taking the lion's share of projected post-retirement assets. Deloitte's actuaries, using the firm's superannuation model ...

Future lies in present

BENJAMIN ONG  |  MONDAY, 22 JUN 2009
Have we? Haven't we? Left bottom that is. Or is the taxpayer's impatience to get their money back and authorities' over zealousness to erect new 'thou shall not' signs to police financial institutions taking us back to that dark place we left back in ...

FOS gears up to combat record complaints

MICHAEL HOBBS  |  WEDNESDAY, 27 MAY 2009
The Financial Ombudsman Service (FOS) is on a hiring spree, increasing staff numbers by around 25 per cent in around nine months to cope with record levels of complaints across the financial services market. Colin Neave, chief ombudsman at FOS, said ...

Conservative strategies pay for ITC

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
Forestry group ITC banks on its prudent business model to ride the crisis facing the agribusiness sector after Timbercorp and Great Southern went into administration. Adam Redman, spokesperson at ITC, said the firm's key business is forestry, a key ...

Matrix selects BT Wrap

COMPANY RELEASE  |  THURSDAY, 23 APR 2009
BT Financial Group is providing a badged platform solution to Matrix Planning Solutions. The platform, MX Wrap, provides superannuation and investment products to Matrix Planning Solutions clients. Rick Di Christoforo, managing director at Matrix Planning ...

St. John leaves UniSuper

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
David St. John, UniSuper chief investment officer has resigned from the $21 billion super fund after eight years at the helm to tend to personal business interests and spend more time with his family. St. John joined UniSuper in May 2001 and assisted ...