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Showing 1361 - 1370 of 4430 results for "Poor"

Esemplia write-down almost complete

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
... Legg Mason announced the decision to write down the $500 million emerging markets boutique last month following a spate of poor performance. "Given the firm's small size, we believe this decision best serves both Esemplia's clients and Legg Mason's shareholders ...

Challenger dismisses Access takeover rumours

JAMES FERNYHOUGH  |  TUESDAY, 10 SEP 2013
... outperform their benchmark over the medium to long term." This does not bode well for Access Capital Advisers, which oversaw some poor investment decisions on behalf of MTAA Super. Access Capital Advisers is currently looking for a "strategic partner" ...

Fund managers mislead researchers on reasons for staff turnover

MARK SMITH  |  THURSDAY, 5 SEP 2013
... managing director Dr Jerome Lander. The manager selection expert said many executives prefer to say they are weeding out poor performers rather than admit they are cost cutting or that people are leaving because the firm is a terrible place to work. ...

WealthSure undertakes major reform of the business

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
... entered into an enforceable undertaking following concerns by the Australian Securities and Investments Commission (ASIC) over poor compliance and failure to monitor advisers' actions. The dealer group will focus on training the advisers and the compliance ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Australian Securities and Investments Commission (ASIC) has found "concerning pockets of poor advice" which involve recommendations that self-managed super fund (SMSF) investors gear into real property. ASIC's commissioner Greg Tanzer said that ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
... dealer group's compliance and audit functions and the expert will test PIS' regulatory requirements, its ability to identify poor advice and the effectiveness of its advice audit and pre-vet functions.

Academic questions Libs' super board independence policy

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ...

Market Wrap AM

AAP  |  WEDNESDAY, 28 AUG 2013
... and Seoul closed 0.11 per cent lower. But Sydney gained 0.11 per cent on profit-taking, following early losses after some poor earnings reports - including a mammoth loss of $A860 million for Billabong. Hong Kong closed down 0.59 per cent while Shanghai ...

Problems, problems, problems

BENJAMIN ONG  |  TUESDAY, 27 AUG 2013
... ceiling sparked a 16.4% sell-off in the S&P 500 index between 4 July and 8 August (the first trading day after Standard & Poor's downgrade of US debt).A To be fair this was compounded by the 'worries du jour' - the European debt crisis. This gives me ...

Market Wrap AM

AAP  |  TUESDAY, 27 AUG 2013
... Syrian civilians. The Dow Jones Industrial Average shed 64.05 points (0.43 per cent) at 14,946.46. The broad-market Standard & Poor's 500 index fell 6.72 (0.40 per cent) to 1,656.78 and the tech-rich Nasdaq Composite slipped 0.22 (0.01 per cent) to 3,657.57. ...