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Showing 12531 - 12540 of 15807 results for "TER"

HSBC takes over local distribution

MICHAEL HOBBS  |  TUESDAY, 3 NOV 2009
HSBC has dropped its local funds distribution arrangement for its Asia and China investment strategies with Challenger this week in favour of distributing the funds itself. Charles Genocchio, head of global investments at HSBC in Australia, said Challenger ...

US finance firms announce emission cuts

COMPANY RELEASE  |  TUESDAY, 3 NOV 2009
US-based banks and fund managers have outlined plans to reduce their greenhouse gas emissions, including Wells Fargo, which this month announced plans to cut its emissions by 20 per cent in less than 10 years. As part of the US Environmental Protection ...

EISS appoints Mercer as consultant

RUTH LIEW  |  TUESDAY, 3 NOV 2009
The $2 billion plus NSW-based Energy Industries Superannuation Scheme has appointed Mercer as its new asset consultant. According to an October newsletter of EISS, which caters to employees working in the energy industry in New South Wales, Mercer was ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

Costello joins Future Fund board

RUTH LIEW  |  MONDAY, 2 NOV 2009
Former Treasurer Peter Costello has been appointed to the $64 billion Future Fund's Board of Guardians. Costello is expected to take up his post on 18 December, after officially quitting politics last month. He served as Treasurer from 1996 to 2007 ...

Pengana launches on dbSelect

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Pengana Capital is looking to launch its Volatility Master Program on Deutsche Bank's dbSelect platform. Russell Pillemer, chief executive at Pengana Capital, said the Deutsche Bank platform provides investors in the fund with a counterparty that has ...

Telstra Super seeks investment experts

RUTH LIEW  |  FRIDAY, 30 OCT 2009
Australia's largest corporate super fund, Telstra Super, is looking to for a property portfolio manager and alternatives professional to join its investment team. Telstra Super is putting out its feelers for a portfolio manager - property to manage ...

AMP wins Asset Super mandate

COMPANY RELEASE  |  THURSDAY, 29 OCT 2009
AMP has won a mandate from the $1.2 billion Asset Super to manage its socially responsible investment option. AMP's appointment follows the fund's asset consultant Mercer's recommendation. AMP replaces Maple Brown Abbott. The Socially Responsible option ...

JBWere announces board

COMPANY RELEASE  |  WEDNESDAY, 28 OCT 2009
National Australia Bank (NAB) and Goldman Sachs JBWere announced the JBWere board members, which includes Michael Ullmer, deputy chief executive and executive director at NAB and Steve Tucker, group executive of wealth Australia at NAB. Ullmer was appointed ...

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
Ho hum. Another day, another boring day on Wall Street. Maybe there's more action in the north across its border. The usual suspects were in attendance to provide a semblance of market action. US shares rose on positive housing news. The S&P/Case Shiller ...