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Showing 151 - 160 of 482 results for "Alison"

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
No agreement was reached by representatives of the Stronger Super Peak Consultative Group on the contentious issue of intra-fund advice, a source present at the meetings has said. The 15-member group could not reach common ground as to what constituted ...

Perpetual fund downgraded after resignation

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
Perpetual's Wholesale Ethical SRI fund has been downgraded by ratings house van Eyk, after portfolio manager Simon Bridger resigned. Van Eyk has taken the fund off "hold" status and moved it from an "A" rating to a "BB" rating. Briana Lam, senior investment ...

SMSFs stockpiling cash, weighted to banks

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
Self-managed super funds have been stockpiling cash in the three months to June reflecting a cautious attitude to the stockmarket among trustees, a new survey has said. Cash holdings for the 1600 SMSFs administered by self-managed super administration ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ...

Boutique equities manager wins big Kiwi mandate

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
Boutique New Zealand equities manager Devon Funds Management has won a large new mandate from New Zealand Superannuation Fund. Mel Firmin, a spokesman for Devon, said the deal had been made in the last month. He could not confirm reports that the mandate ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten ...

Seven super funds win AAA for entire product range

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
Telstra Super, AXA North and QSuper are among seven superannuation funds to have recently gained a AAA rating for all of their superannuation and retirement products from research firm Rainmaker in the last three months. Rainmaker research has reviewed ...

Secondary market for private equity heats with billion dollar deal

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
Several large transactions have heated up the secondary market for global private equity, suggesting predictions for market upturn were right according to new research from alternative investment research firm Preqin. AXA Private Equity's purchase of ...

Lonsec casts eye over fund fee structures

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
Ratings agency Lonsec has analysed the fee structures of fund managers in its Australian Equities Long/Short peer group and discovered two funds that employ a performance hurdle of 0%. While the performance fee hurdles employed by most managers in the ...

Adviser fee structures hit the spotlight

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
Fee structures for financial advisers was a hot topic at a national roadshow in Sydney yesterday with revelations that asset-based fees could not be charged on geared clients. Stewart Bell, executive consultant from Elixir Consulting, gave a detailed ...