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Showing 1141 - 1150 of 1161 results for "GFC"

Power to the people: Hermes

MEDIA RELEASE  |  WEDNESDAY, 4 MAR 2009
Shareholder empowerment and better governance will mark the dawning of a new era in super fund management when the GFC passes, according to Hermes Equity Ownership Services. Colin Melvin, chief executive of the world renowned Hermes Equity Ownership ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
The events of the past two weeks provided a microcosm of the on-going global financial crisis. The past 14 days capture the drama cum horror story that is being played out all around the world over the course of nearly two years. Fresh US data released ...

Parlie inquiry into sales commissions

ALEX DUNNIN  |  FRIDAY, 27 FEB 2009
... management is likely to become a significant aspect of the Rudd Labor government's re-election platform, especially following the GFC, Prime Minister Rudd's repeated speeches about what he believes are the causal factors that led to the crisis, and the ...

State Super focuses on risk

RUTH LIEW  |  MONDAY, 23 FEB 2009
... process. Russell said the chairman's role is to put this structure in place. Overall, Russell said the fund has weathered the GFC a lot better than its peers because the board's investment decisions so far have been "quite sensible". "We've been out ...

Don't punish fin services for GFC: Pearce

ALEX DUNNIN  |  WEDNESDAY, 18 FEB 2009
The Federal Opposition said imposing a new round of regulation on the financial services sector as a reaction to the GFC could be counter-productive. Chris Pearce, Shadow minister for financial services, superannuation and corporate law, yesterday told ...

BNY Mellon to ramp up Asia and Aus presence

MICHELLE BALTAZAR  |  MONDAY, 16 FEB 2009
... Meanwhile, strong revenues continued to flow from the asset servicing side, propping up the firm's balance sheet despite the GFC. So as other asset managers with leveraged products and sub-prime loans crumbled, BNY rose through the ranks to become the ...

Africa wants slice of bail-out

MICHELLE BALTAZAR  |  WEDNESDAY, 11 FEB 2009
... and Asia to add an African component to their stimulus packages so the continent continues its economic turnaround after the GFC. "We call on rich countries to keep Africa in mind as they design programs to help their economies weather the financial ...

Top and bottom super performance differ by 36pc

MICHELLE BALTAZAR, MICHAEL HOBBS  |  TUESDAY, 10 FEB 2009
... should be," said Andrew Keevers, Rainmaker associate director of research. This meant the super fund's strategy before the GFC to maintain high weightings to equities or increase their exposure into unlisted assets such as direct property, infrastructure ...

No mandate terminations: Hostplus

RUTH LIEW  |  MONDAY, 9 FEB 2009
... made by other super funds that have since switched fund managers or terminated mandates that lost money in the wake of the GFC. "We really need to remember that the primary focus of Australian superannuation funds is to provide a dignified retirement ...

Contributions, efficiencies still matter

ALEX DUNNIN  |  THURSDAY, 5 FEB 2009
Fund losses due to the GFC might reinforce the importance of consistent investment returns, but it's crucial to lift long term contribution rates and make the superannuation system as efficient as possible. Garry Weaven, chairman of Industry Funds Management ...