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Showing 11451 - 11460 of 19601 results for "RIS"

Trophy infrastructure assets too expensive

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Large, marquee infrastructure assets seem over-priced in the face of the huge sums high profile institutions have paid in recent years, according to Towers Watson senior investment consultant Duncan Hale. Large global investors have raced to buy infrastructure ...

Cbus to divest tobacco holdings as stocks fall from highs

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Cbus Super will divest its holdings in tobacco companies in the interest of members and their long-term investment returns. The super fund has written to fund managers to instruct them to divest tobacco holdings immediately. Where Cbus invests through ...

Bentham appoints Goldman Sachs client portfolio manager

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Boutique global credit fund manager Bentham Asset Management has appointed Kate Harris to the newly created role of client portfolio manager. Harris joins from Goldman Sachs, where she has worked in various roles for the last 12 years, most recently ...

Future Fund legally bound to protect docs in AustralianSuper feud

ALICE URIBE  |  WEDNESDAY, 4 SEP 2013
The Future Fund risks breaching a legally-binding confidentiality agreement with Australian Infrastructure Fund (AIX) if it hands over documents to AustralianSuper relating to its purchase of a stake in Perth airport. It is understood that AustralianSuper ...

Buy me a house

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2013
"Dad, can you help me buy my own property?A I'm sick of paying ever-rising rent." My dear daughter asked me this during two Sunday dinners ago.A My first instinct was to say "of course" to my only girl among four children (yes four) - now you gentle ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 SEP 2013
The Australian market looks set to open lower despite a rise in US stocks, although concerns about a possible military strike on Syria cut into Wall Street's early gains. At 0800 AEST on Wednesday, the September share price index futures contract was ...

WealthSure undertakes major reform of the business

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
WealthSure is undertaking a full reform of its business after it entered into an enforceable undertaking following concerns by the Australian Securities and Investments Commission (ASIC) over poor compliance and failure to monitor advisers' actions. ...

NAB hangs on to custody of UBS GAM

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
NAB Asset Servicing, Australia's largest custodian, has held on to custody of $8 billion of UBS Global Asset Management's more than $37 billion funds under management (FUM). This hefty win will come as a relief to NAB in a market that is no longer the ...

The Trust Company to consider IOOF offer

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
The Trust Company board will meet to consider IOOF buyout offer, which has stepped into the race to buy The Trust Company with a proposal it regards as superior to those of Equity Trustees and Perpetual. IOOF offer to buy the totality of The Trust Company ...

APRA releases data risk management guide

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
The Australian Prudential Regulation Authority (APRA) has released the final version of its prudential practice guide on the management of data risk. The 'Prudential Practice Guide CPG 235 Managing Data Risk' (CPG 235) is applicable to all APRA regulated ...