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Showing 171 - 180 of 328 results for "PES"

Survivor: the Philippines

BENJAMIN ONG  |  TUESDAY, 12 NOV 2013
"The thing that a lot of people cannot comprehend is that Mother Nature doesn't have a bullet with your name on it, she has millions of bullets inscribed with 'to whom it may concern". (unknown) The 2004 Boxing Day tsunami that wrought deaths and disaster ...

Rational exuberance?

BENJAMIN ONG  |  FRIDAY, 25 OCT 2013
Some years back I used to have discussions with several of my gentle readers (you know who you are, gentle folks) about whether or not QE would work, is working, or not. The passage of time since the Fed minted its first QE dollar had proven that it ...

Calendar says buy

BENJAMIN ONG  |  FRIDAY, 18 OCT 2013
They did it again! Yes Virginia, Washington did what most Tom, Dick and Harriet expected it would do. It reached a compromise deal at the 11th hour. Wall Street's happy, especially those who stayed the course and saw through the political shenanigans ...

The (brief) shining

BENJAMIN ONG  |  TUESDAY, 24 SEP 2013

Esemplia write-down almost complete

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
US fund manager Legg Mason is close to completing the Australian portion of its write down of struggling emerging market subsidiary Esemplia. Legg Mason Australia head of marketing communications Anthony Pesutto said redemptions for one last "major" ...

AFS advisers question payment model

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
Former AFS Group advisers are questioning the method through which advisers get paid after a Court ruling has made it unlikely that they will receive the money they are owed by the dealer group. In the financial advice space, dealer groups usually set ...

Mother of all hard landings and other BSes

BENJAMIN ONG  |  MONDAY, 1 JUL 2013
Can you feel it? Can you feel it? Can you feel it? Australia appears to have started this new week, new month, new quarter new financial year with a little bit more stride in its steps. This could be because of the world's biggest central bankers' comforting ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
Superannuation fund leaders have said MySuper will fail to achieve its aims, while ensuring significant costs to super funds, according to a report conducted by Sussman Associates. Medium sized, generic funds were expected to get the worst deal out ...

Legg Mason $100m mandates add to IOOF value approach

MARK SMITH  |  WEDNESDAY, 5 JUN 2013
IOOF's decision to award Legg Mason $100 million across two mandates was based on a desire to differentiate its offering from other manager and supplement existing out-of-favour value strategies, said IOOF chief investment officer Steve Merlicek. IOOF ...

Downswing in bond yields clear path for Absolute Return Fixed Income

MARK SMITH  |  THURSDAY, 30 MAY 2013
The imminent end of the bond bull-market means now is the time for investors to consider absolute return fixed income strategies, according to GAM head of structured investments Rossen Djounov. Visiting Australia from London to promote the GAM Fixed ...