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Showing 12041 - 12050 of 22156 results for "Tim"

Expect slow "boil" Fed hikes: Hamish Douglass

MARK SMITH  |  FRIDAY, 18 SEP 2015
Federal Reserve chair Janet Yellen has delayed the interest rate lift off; supporting Magellan chief investment officer Hamish Douglass' view that tightening will be drawn out over many years. Presenting to some 800 advisers at Sydney's Westin Hotel ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
In a bid to reduce the 20.4% discount on its China Growth Fund, AMP Capital has introduced key changes based on a review by Goldman Sachs. The changes include implementing a Shanghai-Hong Kong Stock Connect trading platform to increase the fund's liquidity. ...

Government debt is not bad: Sicilia

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
The federal government should be borrowing "with its ears pinned back" to exploit low interest rates and stimulate growth rather than starving the economy of capital to establish nation building projects. Addressing an investment forum in Sydney yesterday ...

ASIC bans former NAB-aligned adviser

ALEX BURKE  |  THURSDAY, 17 SEP 2015
ASIC has banned a former adviser from Meritum Financial Group, which is wholly owned by NAB. Alfie Chong worked at Meritum from September 2005 to March 2006, and then July 2007 to June 2014. During that time, ASIC has alleged that Chong engaged in a ...

TWU Super appoints chief executive for third gig

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
TWU Super consultant Bill McMillin will take the reins as chief executive for the second time in three years, also marking his third stint in the top role. TWU Super chair David Galbally announced yesterday that McMillin will return to the role in a ...

Mortgage Choice pulls comparator platform

MARK SMITH  |  THURSDAY, 17 SEP 2015
Home loan broker Mortgage Choice has pulled its online comparator platform, helpmechoose.com.au (HMC), after a strategic review. In the company's full year result announcement, chief executive John Flavell said the distribution tool failed to live ...

Retirees should expand asset classes

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
Sticking to limited asset classes post-retirement may not prioritise income returns and potentially leave retirees with the burden of running out of money. This was a key message from Legg Mason's 2015 Retirement Income Symposium where Martin Currie ...

NZ Super posts 14% returns for FY2014

LAURA MILLAN  |  WEDNESDAY, 16 SEP 2015
The New Zealand Superannuation Fund returned 14.64% and finished the year to June 2015 with funds under management of $29.54 billion. The fund exceeded its two benchmarks, which are its own passive reference portfolio and the Treasury bill, which measures ...

Super executive leaves for Mozambique

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Club Plus Super chief operating officer Phil Grindley is leaving the industry fund after seven years to join a children's centre in Mozambique. Grindley announced the move on Monday and said he would be moving with his wife and two children to serve ...

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Federal Assistant Treasurer Josh Frydenberg will introduce the government's superannuation board governance legislation today at the angst of Industry Super Australia (ISA). Although debate on the Superannuation Legislation Amendment (Trustee Governance) ...