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Showing 12301 - 12310 of 19602 results for "RIS"

Future Fund 'under-resourced' on climate risks

MARK STORY  |  FRIDAY, 19 OCT 2012
Still smarting over a Senate Committee gruelling over its tobacco investments, the Future Fund - the largest fund in Australia - is being accused of insufficient transparency over climate-change risk mitigation within its portfolio. A FOI search two ...

Challenger AUM swells to $35.2bn

MARK SMITH  |  THURSDAY, 18 OCT 2012
Challenger Limited's assets under management (AUM) have risen to $35.2 billion, up 5% since last quarter and a total of 28% over the last 12 months, it was announced today. The investment management firm has benefited from more buoyant investment markets ...

NZ Super fund breaks $20bn

MARK SMITH  |  THURSDAY, 18 OCT 2012
The New Zealand Superannuation fund breached the $20 billion mark setting an end-of-month record for September. The fund, which is managed by Guardians of New Zealand Superannuation, was set up by the New Zealand government in 2003 to help pay for the ...

Zenith upgrades State Street ETFs

MARK SMITH  |  THURSDAY, 18 OCT 2012
Zenith Investment Partners has upgraded its rating of one State Street equity exchange-traded fund (ETF) and reaffirmed three others following its latest analysis. The State Street Global Investors (SSgA) S&P/ASX 200 Fund has been upgraded from 'recommended' ...

Market Wrap

AAP  |  THURSDAY, 18 OCT 2012
The Australian market opened almost one per cent higher as rising iron ore prices led to strong opening gains for the mining giants. At 1020 AEDT on Thursday, the benchmark S&P/ASX200 index was up 40.4 points, or 0.89 per cent, at 4,568.6 points, while ...

Market Wrap AM

AAP  |  THURSDAY, 18 OCT 2012
The Australian market looks set to open higher after gains on the European markets overnight on easing euro zone debt crisis concerns ahead of a two-day EU summit and Wall Street remained in positive territory. At 0810 AEDT on Thursday, the December ...

Economic indicators defy equities upside: Schroders

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
Equities remain an attractive investment despite a dismal global growth forecast, an over-inflated Aussie dollar and unprecedented levels of developed world government debt, according to Schroders' Andrew Fleming. The deputy head of Australian equities ...

State Street profits up 23% on Lehman wind up

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
State Street, one of the world's largest providers of financial services, has announced a 23% rise in third quarter profits despite a slight fall in revenue, bolstered by claims linked to the Lehman Brothers' bankruptcy. The Boston-based bank, which ...

Super cap breaches tumble

LINDA HAUSKEN  |  WEDNESDAY, 17 OCT 2012
The Australian Tax Office's (ATO) latest report on cap breaches shows the number of people who exceeded the concessional contribution cap has dropped by 37% in the last 12 months. According to the ATO, in 2010/11 a total of 31,217 exceeded the cap ...

It's raining, it's pouring good news

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2012
Move on people, nothing to see here, just more of the same - a continuation of the flow of eco stats and surveys and developments that are surprising on the upside. It's still early days to go gangnam (hey, sexey leydey) but we may be witnessing the ...