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Showing 11981 - 11990 of 20558 results for "BEN"

ASIC extends shorter PDS regime relief

STAFF JOURNALIST  |  FRIDAY, 7 DEC 2012
ASIC has extended interim class order relief from the shorter PDS regime for multi-funds, superannuation platforms and hedge funds. Originally due to expire on 22 June 2013, the Class Order [CO 12/1592] extends the relief in Class Order [CO 12/749] ...

Energy Super makes two senior appointments

MARK SMITH  |  FRIDAY, 7 DEC 2012
Energy Super has appointed Daniel Judd and Andrew Russell-Clarke as investment manager, and key member relationships manager respectively. With $4 billion in funds under management, industry fund Energy Super provides retirement planning solutions to ...

Cbus and HESTA take out top AIST awards

BEN COLLINS  |  FRIDAY, 7 DEC 2012
Cbus super and HESTA have taken out the top two honours at the Australian Institute of Superannuation Trustees (AIST) 2012 Awards for Excellence. Construction industry fund Cbus took out the award for best annual report, after its 2011/12 report demonstrated ...

Market wrap AM

AAP  |  FRIDAY, 7 DEC 2012
The Australian market is likely to open higher after gains on markets in Europe and the United States. Stocks in France and Germany rose after the European Central Bank (ECB) said a decision to leave its key rate unchanged was not unanimous. Wall Street ...

It's just plain dumb

BENJAMIN ONG  |  FRIDAY, 7 DEC 2012
'Twas another up day on Wall Street overnight as investors bought a lotta Apple and other techs and... optimism on a cliff deal. "Twas another good day in Europe - the Stoxx 600 closed 0.7% higher to an 18-month high -- despite the European Central ...

Ex-Ascalon boss starts at BlackRock

BEN COLLINS  |  THURSDAY, 6 DEC 2012
Westpac-owned boutique Ascalon Capital's former chief executive officer has this week started his new job as of head of alternatives for BlackRock in Australia. After announcing in June this year that he was leaving Ascalon, a subsidiary of Westpac's ...

Market Wrap

AAP  |  THURSDAY, 6 DEC 2012
The Australian market opened slightly higher after budget talks in Washington indicated that US politicians were willing to compromise to avoid falling off the "fiscal cliff". At 1029 AEDT on Thursday, the benchmark S&P/ASX200 was up 0.9 points, or ...

Insider trading gets former J.P. Morgan staffer jail

BEN COLLINS  |  THURSDAY, 6 DEC 2012
A former J.P. Morgan employee has been sentenced to 18 months jail by the NSW District Court after she gave inside information to a friend while working at the investment bank. Elisa Rietbergen, of Kensington, NSW gave confidential information to her ...

Prime real estate no longer attractive: LaSalle

MARK SMITH  |  THURSDAY, 6 DEC 2012
With the upside from prime commercial real estate looking decidedly limited, investors need to widen the net if they want capital growth from their property portfolio, according to LaSalle's Paul Guest. Global risk aversion since the onset of the financial ...

Jury out on AFSL uptake by accountants

BEN COLLINS  |  THURSDAY, 6 DEC 2012
Some accountants could have no choice but to take up the proposed Australian Financial Services License when it is finalised to retain their existing clients. Minister for financial services and superannuation Bill Shorten last week released draft regulation ...