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Showing 12741 - 12750 of 21799 results for "Dec"

State Street hangs on to REST custody contract

JAMES FERNYHOUGH  |  TUESDAY, 17 JUN 2014
REST Industry Super has kept State Street on as its custodian following a "comprehensive review of service providers." The decision is a major win for State Street as, with $31 billion in funds under management and 1.9 million members, REST is one of ...

Wagging the giant doggie

BENJAMIN ONG  |  TUESDAY, 17 JUN 2014
Tensions continue in Iraq (has it ever gone away?), Russia's building up troops on Ukraine's border (38,000 and counting according to Ukraine) and the IMF has just released fresh forecasts for the US economy (crystal ball now shows growth at a flat ...

Market wrap AM

AAP  |  TUESDAY, 17 JUN 2014
The Australian market looks set to open lower after a choppy night on Wall Street where stocks ended slightly higher as investors weighed the Iraq crisis ahead of a US Federal Reserve policy decision. At 0645 AEST on Tuesday, the June share price index ...

Perennial chief executive steps down

MARK SMITH  |  MONDAY, 16 JUN 2014
The chief executive of IOOF-owned fund manager Perennial Investment Partners has stood down after more than a decade with the firm. Lewis Bearman joined Perennial in 2003 and replaced Anthony Patterson as chief executive in May 2012. He is reportedly ...

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
Women and regional Australians will be the worst affected by the government's plan to scrap the Low Income Superannuation Contribution (LISC) scheme, according to Industry Super Australia (ISA). Using figures from the Australian Bureau of Statistics ...

Aussie, Aussie, Aussie, Oi, Oi, Oi

BENJAMIN ONG  |  MONDAY, 16 JUN 2014
Something's wrong - very wrong - with this picture. There's troubling news in the geo-political arena due to escalating tensions in Iraq. There's also the price of iron ore dropping to near two-year lows. And yet... the Australian dollar did a peek-a-boo ...

Market Wrap AM

AAP  |  FRIDAY, 13 JUN 2014
The Australian share market is set for further falls after another negative session on Wall Street, caused by escalating violence in Iraq that pushed US oil prices to nine month highs. At 0700 AEST on Friday, the March share price index futures contract ...

Super insurance still worth billions

JAMES FERNYHOUGH  |  THURSDAY, 12 JUN 2014
The life insurance industry continues to profit from its superannuation policies despite the spike in group insurance claims, figures released by the Australian Prudential Regulation Authority (APRA) show. According to APRA's Life Insurance Supplementary ...

Blue Sky raises $60.4 million for first listed alternatives fund

MARK SMITH  |  THURSDAY, 12 JUN 2014
Blue Sky Alternative Investments has raised $60.4 million in the initial public offering of shares in its Blue Sky Alternatives Access Fund Limited (Alternatives Fund). The new Listed Investment Company (LIC), set to debut on the Australian Securities ...

UK on the go

BENJAMIN ONG  |  THURSDAY, 12 JUN 2014
"...somewhere in my youth, or childhood, I must have done something good." In his alone times, it wouldn't be surprising to catch imported Bank of England (BOE) Governor Mark Carney humming this tune from "The Sound of Music" to himself (perhaps at ...