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Showing 1811 - 1820 of 3078 results for "Corporation"

Liquidity concerns push CSC to change target allocation

ALEX DUNNIN  |  MONDAY, 27 MAY 2013
Commonwealth Super Corporation (CSC), trustee for the Public Sector Super Scheme, has made changes to its default option in response to the Stronger Super reforms that require improved operational risk reserves. The CSC made the changes to lift its ...

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
... familiar sounding names. Some examples from the list include First Colonial Management, Platinum Investment Holding Corporation and Aberdeen Asset Management. "Checking the unlisted companies register is a good precaution to take because if you use a ...

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... Notices of Discontinuance," ASIC said. The situation relates to the collapse of property investment brand Westpoint Corporation, which was running a Ponzi scheme that collapsed in January 2006. Around 3,500 investors invested a total of $304 million ...

NZ Super offloads mining shares on RE concerns

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
The New Zealand Superannuation Fund (NZ Super) has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds. Barrick's mines in Papua ...

Frontier and Rogerscasey form research alliance

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
Frontier Advisors and Segal Rogerscasey have partnered to establish a Global Investment Research Alliance (GIRA) to share research on investment managers across the globe. The Alliance is expected to expand to a maximum of six members with additional ...

Number of instos prioritising risk doubles since GFC

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
... financial crisis, according to a new research by the Economist Intelligence Unit (EIU) commissioned by State Street Corporation. The survey of nearly 300 executives from global asset managers, intermediaries and asset owners found that more than three-quarters ...

May Day happy day

BENJAMIN ONG  |  FRIDAY, 3 MAY 2013
You just gotta love this market, don't you think? It's swung from May day mayday to May day happy day in a span of less than 24 hours. Must be all those algos reading those cheery headlines overnight: US Jobless Claims Fall To 5-Year Low (WSJ) ECB 'ready' ...

UBS creates APAC real estate role

ALICE URIBE  |  THURSDAY, 2 MAY 2013
Former Queensland Investment Corporation (QIC) managing director Trevor Cooke is set to join UBS Global Asset Management (UBS) in a newly created role. Cooke will officially join UBS on May 27, 2013 as head of global real estate for Asia Pacific. According ...