Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1541 - 1550 of 2489 results for "SPAC"

Tassie RBF awards GAM $100m mandate

MARK SMITH  |  WEDNESDAY, 24 JUN 2015
The Tasmanian public sector superannuation fund, the Retirement Benefits Fund (RBF), has invested $100 million in the GAM Absolute Return Bond Defensive Fund. GAM's unconstrained bond strategy is a "go-anywhere" bond fund which, via the use of derivatives ...

Asset allocation is over, investors chase returns

LAURA MILLAN  |  TUESDAY, 23 JUN 2015
Institutional investors' traditional emphasis on asset allocation has given way to a focus on returns, which has led to the "bondification" of equities, a global report found. The 2015 CREATE-Research report commissioned by Principal Global Investors ...

Medcraft sticks up for asset managers

MARK SMITH  |  TUESDAY, 23 JUN 2015
Imposing new banking regulations on asset managers would be like "creating a square peg for a round hole," according to ASIC and International Oraganization of Securities Commissions (IOSCO) chair Greg Medcraft. Speaking in his capacity as the head ...

Insync with beer

DARREN SNYDER  |  FRIDAY, 19 JUN 2015
Insync Funds Management chief investment officer Monik Kotecha is joining the list of people saying it makes sense for Australian's to invest in highly profitable alcohol-related companies. Within the last six months Insync bought back in to AB InBev ...

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position. Westpac will reduce its stake in the funds management business ...

GIP and Hess partner on North Dakota oil deal

ALEX BURKE  |  FRIDAY, 12 JUN 2015
Global Infrastructure Partners (GIP) and Hess Corporation have announced a joint venture focusing on oil and gas processing infrastructure in the US. Following a 50% acquisition of Hess's infrastructure business for US$2.7 billion ($3.5 billion) ...

Government to invest in fintech security

ALEX BURKE  |  THURSDAY, 11 JUN 2015
The Government will spend $33.3 million on services to facilitate authentication in digital financial transactions, including a voice biometric, Minister for Communications Paul Fletcher announced. This follows Treasurer Joe Hockey's comments during ...

BOJ in (tactical) retreat

BENJAMIN ONG  |  THURSDAY, 11 JUN 2015
"It's gonna be a bright (bright), bright (bright) sun-shiny day." -Everlife Equity markets from New York to Rio and old London town bounded sharply higher while you, I and Irene were still in the stage of REM sleep as optimism returned - more specifically ...

Less than a fifth of SMSFs under advice

ALEX BURKE  |  FRIDAY, 5 JUN 2015
According to AMP Capital research, just 17% of self-managed super fund trustees use a financial adviser. Based on a survey of nearly 1000 AMP and AMP Capital SMSF trustees, the research also shows that more than half of respondents established SMSFs ...

Retirement incomes lead FUM growth

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
Retirement incomes recorded the largest funds under management and advice growth among the retail and wholesale superannuation and investment sectors in the year to March 2015. According to research firm DEXX&R, the retirement incomes segment increased ...