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Showing 1551 - 1560 of 3289 results for "Smith"

Law firm rubbishes Grattan fee report

MARK SMITH  |  MONDAY, 18 AUG 2014
Global law firm Herbert Smith Freehills has urged the Financial System Inquiry (FSI) to throw out a controversial report that claims the superannuation system is too expensive. In a submission to the FSI, Herbert Smith Freehills criticises the FSI committee's ...

CIO to step aside as EQT shifts focus

MARK SMITH  |  FRIDAY, 15 AUG 2014
Equity Trustees chief investment officer George Boubouras is to leave the company following a review of its strategic approach and the priorities for its asset management function. Dr Paul Kasian, currently head of equities at Equity Trustees, will ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
Magellan Financial Group has reported net profit after tax of $82.9 million for the full year to 30 June, an increase of 71% on last year. Earnings per share also rose 67% to 48.9 cents while the group was able to increase its dividend 78% to 38.3 cents ...

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
In the first of a two-part special report on the sector, Mark Smith explores why after a series of false starts, industry experts are saying now is the time for managed accounts to live up to their billing as the next big thing in client portfolio management. ...

More super changes inevitable: EY report

MARK SMITH  |  THURSDAY, 14 AUG 2014
Further changes to superannuation regulations are inevitable and more work is needed to improve confidence in the system, according to EY's Australia-based global pension leader Graeme McKenzie. Releasing EY's new report, 'Building a better retirement ...

Record profits for Standard Life Investments

MARK SMITH  |  THURSDAY, 14 AUG 2014
Standard Life Investments has reported a ten-fold increase in before tax operating profit to a record $190 million for the first half of 2014, up from $15.5 million for the same period last year. Third party inflows of $7.7 billion over the period marked ...

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
Blue Sky Alternative Investments has allocated nearly 70% of the $60 million raised for its Alternatives Access Fund into a range of alternative assets including private equity and venture capital, water and agriculture, a hedge fund and private real ...

Market Wrap AM

AAP  |  THURSDAY, 14 AUG 2014
... results, while Optus owner Singapore Telecommunications is slated to release first quarter results. ANZ chief executive Mike Smith speaking about partnering with Asia at a Trans-Tasman Business Circle lunch in Melbourne. In Australia, the market on Wednesday ...

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
A new superannuation report by the McKell Institute has fanned the flames of the on-going performance debate between industry and retail funds by highlighting the returns gap between the two segments over the last 25 years. The research uses historical ...

UBS Dynamic Alpha Strategy wins large insto mandate

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
UBS Global Asset Management's Dynamic Alpha Strategy Fund (DAS) has received a $260 million institutional mandate from a unnamed government funds management organisation in Australia. This follows a $400 million institutional superannuation investment ...