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Showing 1521 - 1530 of 2389 results for "Flex"

David Murray to head financial system inquiry

MARK SMITH  |  THURSDAY, 21 NOV 2013
Future Fund inaugural chair David Murray has been appointed to head the inquiry into Australia's financial system, the Government has announced. Dubbed the "Son of Wallis" inquiry in reference to a similar inquiry led by Stan Wallis 16 years ago, the ...

HESTA named Super Fund of the Year

ALEX DUNNIN  |  THURSDAY, 21 NOV 2013
HESTA was named 2013 Super Fund of the Year at the SelectingSuper awards in Melbourne this morning, Super IQ was named SMSF Provider of the Year and UniSuper was named the Consumer Choice winner. Attracting a crowd of almost 200 people representing ...

AllianceBernstein targets retirees with high yield fund

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
AllianceBernstein has launched a Global High Income Fund aimed at annuity investors seeking to diversify and gain access to a higher level of income. AllianceBernstein senior portfolio manager Jeremy Cunningham noted that annuity and term-deposit rates ...

Most super funds shun in-house investment

LAURA MILLAN  |  TUESDAY, 19 NOV 2013
Most superannuation funds do not intend to insource their investment management over the next three years, despite the fact that some have made moves in this direction. As many as 77% of industry, retail, corporate and public sector super funds' chief ...

APRA voices concern over super in-house investment

JAMES FERNYHOUGH  |  THURSDAY, 14 NOV 2013
The Australian Prudential Regulation Authority (APRA) has expressed concern over the tendency for superannuation funds to bring investment management operations in house. Speaking at the Association of Superannuation Funds of Australia (ASFA) 2013 National ...

Funds explore hidden benefits of APRA reporting standards

JAMES FERNYHOUGH  |  MONDAY, 11 NOV 2013
Super funds will be "missing a trick" if they fail to make the most of data gathered to meet the new reporting standards of the Australian Prudential Regulation Authority (APRA), according to Rhys Octigan, regional head of business at DST Global Solutions. ...

GSAM launches flexible global bond fund in Australia

MARK SMITH  |  FRIDAY, 8 NOV 2013
Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Global Strategic Bond Fund for Australian investors. The Australian dollar-based strategy is designed to provide income and total return through exposure to a broadly diversified portfolio ...

AMP seeks to raise $200 million with debt issue

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
AMP is seeking to raise $200 million through the launch of new subordinated and unsecured debt securities on the Australian Securities Exchange (ASX). Known as AMP Subordinated Notes 2, the new instruments were intended primarily to finance existing ...

NFP funds turning to direct investment options in droves

MARK SMITH  |  TUESDAY, 5 NOV 2013
The large majority of industry superannuation funds are looking to add direct investment options (DIOs) to their service offerings with some even considering opening the service to non-members through separate legal structures according to Lonsec Fiscal ...

Macquarie posts solid half-year result

MARK SMITH  |  FRIDAY, 1 NOV 2013
Macquarie Group's profits have jumped 39% year-on-year for the half year to 30 September 2013. Net profit after tax attributable to ordinary shareholders was $501 million for the period, up 2% on the half year ended 31 March 2013. Macquarie Group managing ...