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Showing 1861 - 1870 of 3289 results for "Smith"

Credit to escape impending bond rout

MARK SMITH  |  TUESDAY, 28 JAN 2014
Fixed income investors should avoid the worst of the impact of rising interest rates by holding bonds with higher yields, according to UBS Wealth Management global chief investment officer Alexander Friedman. With interest rates at record lows across ...

Fund manager criticises "rip-off" fees

MARK SMITH  |  FRIDAY, 24 JAN 2014
The fees charged by the funds management industry are simply too high and cannot be justified, a veteran international equities stock-picker has said. Dundas Global Investors (DGI) chief executive Alan McFarlane has more than 30 years' industry experience. ...

Risk Premium inflows up 9.6% in 2013

MARK SMITH  |  FRIDAY, 24 JAN 2014
Risk Premium inflows increased 9.6% year on year in the 12 months to 31 December, according to the latest figures from Plan For Life. AIA Australia led the way with inflows increasing by 20.1% during the year. BT / Westpac saw the second highest inflows ...

Magellan Global returned 48.7% in 2013

MARK SMITH  |  THURSDAY, 23 JAN 2014
Australian international equities manager Magellan Financial Group's flagship Global fund returned 48.7% in the 12 months to 31 December, the group's half-yearly investor report released today shows. The figure contributes to equally impressive after-fee ...

$1.5 billion given away by PAFs since launch

MARK SMITH  |  THURSDAY, 23 JAN 2014
By the end of 2014, Private Ancillary Funds (PAFs) will have distributed more than $1.5 billion to charitable causes since the philanthropic trust structure was established more than 12 years ago, according to a JBWere report on the sector. The PAF ...

Hillross awards advisers amid AMP restructure

LAURA MILLAN  |  WEDNESDAY, 22 JAN 2014
... the professionalism of three of its financial advisers through the annual 2013 Hillross Awards Program. Sydney adviser Ian Smith was given the 2013 Hillross Adviser of the Year award and the judging panel highlighted his "professionalism, his clear client ...

PIMCO chief El-Erian steps down

MARK SMITH  |  WEDNESDAY, 22 JAN 2014
PIMCO's global chief executive and co-chief investment officer Mohamed El-Erian will step down from both posts in mid-March, after 15 years with the company. He will remain on the International Executive Committee of the group's Munich-based parent ...

Rich get richer fastest in Australia

MARK SMITH  |  WEDNESDAY, 22 JAN 2014
The increase in the share of income going to the wealthiest 1% since 1980 rose faster in Australia than any country bar the US, a new Oxfam report reveals. The report, titled 'Working for the Few', shows the rising levels of inequality between the richest ...

RBA rate cut on cards

MARK SMITH  |  TUESDAY, 21 JAN 2014
A lack of strength in the Australian economy could force the Reserve Bank (RBA) into another rate cut, according to Goldman Sachs Asset Management (GSAM) investment manager Angus Bell. Even in a best case scenario Bell doesn't see Australia's record ...

Frontier market corporate governance greatly improved

MARK SMITH  |  TUESDAY, 21 JAN 2014
Greater local competition, improved governance and the involvement of institutional investors has greatly increased the investment prospects of the world's frontier markets, according to emerging market specialist Advance Emerging Capital. Frontier ...