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Showing 121 - 130 of 272 results for "ACCI"

Rebalancing almost leads to accidental takeover bid

DARREN SNYDER  |  TUESDAY, 31 MAR 2015
A quarterly rebalancing of indices was blamed for BlackRock accidentally purchasing more than 20% of Monadelphous Group recently. In a statement to the Australian Securities Exchange on March 25, BlackRock said a change in interests held by the company ...

Marquee hire for PWC's investment advisory team

STAFF WRITER  |  THURSDAY, 5 FEB 2015
PwC has announced a marquee appointment to the investment advisory team within its consulting division. They have appointed David St. John, super fund investment counsel to legal super and a former chief investment officer to UniSuper. He will join ...

Profile: MTAA Super chief executive Leeanne Turner

STAFF WRITER  |  MONDAY, 2 FEB 2015
Leeanne Turner's lifelong career in superannuation came about by accident. Growing up near Canberra, she had initially thought she'd like to be a teacher. But like many 20-year-olds, she decided to put that off for a while and travel to Europe. To do ...

Hastings appoints new TIF portfolio manager

JAMES FERNYHOUGH  |  THURSDAY, 27 NOV 2014
Hastings appointed a new portfolio manager for The Infrastructure Fund (TIF) to replace Peter Siapikoudis, who has moved to the role of portfolio manager, Australian mandates. Jonathan van Rooyen will take over responsibility for the TIF, managing the ...

AIA signs life insurance deal with RAC

STAFF WRITER  |  WEDNESDAY, 5 NOV 2014
AIA Australia has signed a four-year deal with RAC to offer life insurance cover to its 800,000 members. As a part of the agreement, two new life insurance products - RAC Life Protect and RAC Accident Protect - have been created. The products will provide ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
The Infrastructure Fund (TIF) has taken a 7.5% stake in UK rail freight leasing company Porterbrook Rail Finance. The move is part of the broader investment strategy for TIF, overseen by trustee The Private Capital Group Pty Ltd (TPCG), to create a ...

ANZ halts trading after accidental data release

STAFF WRITER  |  TUESDAY, 28 OCT 2014
ANZ requested a trading halt yesterday after it accidently published key financial tables on its website, ahead of the announcement of the group's 2014 financial results. The Excel document inadvertently contained details of unaudited half on half percentage ...

QIC takes stake in East West Link PPP

JAMES FERNYHOUGH  |  TUESDAY, 7 OCT 2014
QIC has become a major investor in the East West Link Stage 1 ("EWL") public-private partnership (PPP) toll road and tunnel project in Melbourne, after a consortium led by Capella Capital won the bid. Other members of the consortium included British ...

CommInsure offers alternative to group insurance

JAMES FERNYHOUGH  |  FRIDAY, 19 SEP 2014
Customers of Comminsure Total Care Plan Super insurance can now pay their premiums through their superannuation fund, giving superannuants an alternative to the group cover offered by their super fund. The change also means that policy holders would ...

SMSF collapses imminent in hunt for yield

ALICE URIBE  |  THURSDAY, 11 SEP 2014
A chase for yield, combined with investor empowerment and lack of education could be the perfect storm for a large scale self-managed superannuation fund (SMSF) collapse, according to Aberdeen Asset Management (Aberdeen). Speaking at a media briefing ...