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Showing 1431 - 1440 of 2383 results for "Rule"

FSC anticipates different role for Senator Cormann

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
The Financial Services Council (FSC) believes Senator Mathias Cormann is unlikely to maintain the same portfolio combination he has held in opposition when Prime Minister elect Tony Abbot announces his government. Speaking at the Alternative Investment ...

Hedge fund industry calls for consistent global regulatory framework

MARK SMITH  |  TUESDAY, 10 SEP 2013
Global hedge fund industry body, the Alternative Investment Management Association (AIMA) has called for greater consistency in in global regulations governing the industry in its newly published statement of policy principles. The paper builds on a ...

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
Major financial services bodies are throwing their support behind Mathias Cormann, asking for him to be appointed Minister of Superannuation and Financial Services in the new Government. "I've only ever asked one thing of Tony Abbott and Joe Hockey ...

Hedge funds fear 'draconian' disclosure rules

JAMES FERNYHOUGH  |  MONDAY, 9 SEP 2013
Superannuation funds could find themselves locked out of the best international private equity and hedge funds if the government's "draconian" portfolio holdings disclosure requirements go through unamended, representatives of the alternative investment ...

ETF market closes in on $9 billion milestone

MARK SMITH  |  FRIDAY, 6 SEP 2013
Australia's exchange traded product (ETP) market has expanded rapidly in 2013, reaching a record $8.8 billion in assets according to the latest ASX Funds Monthly Update. The report shows Australia's ETP industry, has grown by 61% in the 12 months to ...

Lonsec highlights hedge fund classification concerns

MARK SMITH  |  THURSDAY, 5 SEP 2013
Investment research house Lonsec has highlighted unintended consequences of ASIC's proposed new rules affecting hedge funds, which could see investors increase the risk in their portfolios. ASIC Regulatory Guide 240, which was released in September ...

Data security emerging as a superannuation risk

ALEX DUNNIN  |  TUESDAY, 3 SEP 2013
Consumer expectations for online account access and the push for e-commerce solutions as part of Super Stream mean data security will emerge as one of the biggest risk priorities for super funds. However, most super funds are not equipped to handle ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Managed discretionary accounts (MDA) could be a key area for financial planners wanting to add value to their service offerings in the post-FoFA world, according to Brett Sanders, joint chief executive of Philo Capital Advisers. Sanders said that the ...

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 ...

ASIC issues governance warning on local emerging market companies

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Australian Securities and Investments Commission (ASIC) has issued a warning over corporate governance in Australian companies that have significant operations in emerging markets, saying these companies are more susceptible to collapse than domestically ...