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Showing 111 - 120 of 260 results for Claire McGreal

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
The government inquiry into the selection and ongoing assessment of default super funds has been broadly welcomed within the industry. Financial Services Minister Bill Shorten revealed on Friday that the Productivity Commission inquiry would start early ...

Intersuisse pursue Austock Securities

CLAIRE MCGREAL  |  FRIDAY, 20 JAN 2012
Talks are continuing between the Austock Group and Singapore backed Intersuisse Holdings over its planned buy out of Austock's securities arm. Intersuisse, which has offices in Sydney and Melbourne but is part owned by the Singapore based Philip Group ...

Pengana fund manager departs

CLAIRE MCGREAL  |  FRIDAY, 20 JAN 2012
The Pengana Asian Equities fund has been downgraded by Standard & Poor's in the wake of fund manager Elan Miller's departure from the team before Christmas. Miller has been replaced in his role as technical analyst for the strategy by new recruit ...

Fidelity backs move to empower shareholders

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
Asset management giant Fidelity Worldwide Investment has come out in favour of UK Prime Minister David Cameron's calls for more transparency on executive pay, bonuses and severance packages. Speaking to the BBC earlier this week, Cameron said there ...

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
Assistant Treasurer Bill Shorten says Australia is not in the same boat as Europe and is better placed to deal with another worldwide recession. The World Bank yesterday declared the global economy had entered a "dangerous period", warning it could ...

Morgan Stanley completes Orchard purchase

CLAIRE MCGREAL  |  WEDNESDAY, 18 JAN 2012
The real estate arm of Morgan Stanley has finalised the purchase of troubled funds manager Orchard Capital Investment, which also sees a number of management changes. Specialist property funds manager Orchard Capital Investment (OCIL) has around $1.1 ...

Ascalon forms second Asian partnership

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
Ascalon Capital Managers (Asia) has formed a partnership with long-short equity manager Canning Park by taking a 30% stake in the business. Headquartered in Singapore but with an office in Sydney, Canning Park invests across a total of 10 Asian markets ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

Instos set sights on Indonesian assets

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
Economic ties between Australia and Indonesia look to be strengthening with the Asian country last week joining the ASEAN-Australia-New Zealand Free Trade Agreement. The move means up to 92 % of Australia's merchandise exports will eventually be able ...

legalsuper expands investment expertise

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
The country's largest legal sector super fund legalsuper, has appointed Richard Sanajko in the newly created investment manager position. The aim of the role is to optimise the fund's investment performance with Sanajko now in charge of all operational ...