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Showing 101 - 110 of 216 results for John McDuling

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
Legal wrangling over the future of a Brisbane-based property fund manager is continuing with ASIC filing an appeal against a Federal Court decision that looked to have provided the besieged property fund manager with a lifeline. ASIC cancelled Opus ...

Mixed results for US industry giants

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
Despite strong results on face value, US investors were largely unimpressed with the third quarter earnings reported by some of the industry's leading lights overnight. BlackRock, the world's largest fund manager, reported higher than expected profits ...

UK fast tracks pension reforms

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
The UK government has brought forward plans to raise the retirement age and increased the contributions public sector employees must pay to fund their retirements. Chancellor George Osborne announced overnight that the pension age will rise to 66 by ...

CFS GAM makes a case for raising govt debt

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
A leading strategist at one of Australia's largest investment managers argues the case for more government debt in Australia, and says that super funds could play a key role in absorbing higher bond issuance. Stephen Halmarick, head of investment research ...

State Street lifted by passive strategies, ETFs

JOHN MCDULING  |  WEDNESDAY, 20 OCT 2010
State Street, one of the true global investment management giants, reported third quarter results overnight, with the Boston-based company growing profits compared to both the previous quarter and last year. Assets under management rose to US$1.9 trillion ...

Rising tide lifts hedge funds in September

JOHN MCDULING  |  WEDNESDAY, 20 OCT 2010
Despite failing to match the performance of benchmark indices in September, Australian and international hedge funds are out in front, year to date, and on a rolling 12-month basis, new figures show. According to the Australian Fund Monitors Hedge Fund ...

Demystifying the "flash crash"

JOHN MCDULING  |  WEDNESDAY, 20 OCT 2010
A new theory argues that a large single trade in futures markets did not cause the "flash crash" of May 6 where US equity markets dramatically declined and recovered in a matter of minutes. In a recent inquiry into the abnormal market behaviour, the ...

Challenger buoyed by annuities, boutiques

JOHN MCDULING  |  TUESDAY, 19 OCT 2010
The guaranteed income streams provided by annuities continue to prove popular with Australian retirees post GFC, with Challenger Financial Services posting another record quarter for its annuities' business. In figures released yesterday, Challenger ...

Aussie fund managers outside top 100

JOHN MCDULING  |  TUESDAY, 19 OCT 2010
Despite having the world's fourth largest investment market to source funding from, Australian fund managers have once again failed to crack the world's top 100, new figures show. According to a study conducted by Towers Watson and Pension & Investments ...

QIC offers instos inflation protection

JOHN MCDULING  |  MONDAY, 18 OCT 2010
One of the country's largest fixed interest managers raises the ante in the race to provide investors with income protection against rising inflation. After a brief period of incubation, Queensland Investment Corporation (QIC) has opened the QIC GFI ...