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Showing 171 - 180 of 216 results for John McDuling

AIST research exposes flaws in asset-based fee model

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
There are significant weaknesses in the concept of asset-based fees as a means of remuneration for fund managers, according to new research by the Australian Institute of Superannuation Trustees (AIST) in conjunction with actuary RiceWarner. The asset ...

Moving forward with Gillard

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
... political stalemate, which he said had placed a cloud over the progression of much needed superannuation reforms. Meanwhile, John Brodgen, chief executive of the Financial Services Council (FSC) was keen for uncertainty surrounding the Financial Services ...

Market Wrap - morning

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
The Australian stock market has received a negative lead from offshore markets, after Wall Street closed lower and oil prices fell. At 0747 AEST on the Sydney Futures Exchange, the September share price index contract was 27 points lower at 4,550 points ...

UBS to expand HNW adviser base

JOHN MCDULING  |  TUESDAY, 7 SEP 2010
UBS Wealth Management aims to hire between 8 to 10 new advisers annually, for a total of 140 by 2015, Clark Morgan, the unit's chief executive, told journalists this morning. Morgan said that due to talent shortages, getting hold of the requisite people ...

Realindex tops $2bn in FUM

JOHN MCDULING  |  MONDAY, 6 SEP 2010
Realindex, a Colonial First State subsidiary, announced it has surpassed $2 billion in funds under management, barely two years after launching. Andrew Francis, the company's chief executive, told Financial Standard that a recent Australian equities ...

Infocus FUM grows to $3bn

JOHN MCDULING  |  MONDAY, 6 SEP 2010
Financial planning group Infocus Money Management enjoyed a 25 per cent jump in funds under management (FUM) to $3 billion in the year to June, buoyed by the growth of its adviser network. Fifteen planning offices joined the network during the year ...

INGIM hires two for Aussie equities

JOHN MCDULING  |  MONDAY, 6 SEP 2010
ING Investment Management (INGIM) Australia has moved swiftly to strengthen its Australian equities team after suffering the departure of its small companies lead portfolio manager in August. Phillip Hudak has been hired by INGIM as a small companies ...

US needs double the lifeline

JOHN MCDULING  |  FRIDAY, 3 SEP 2010
A two-pronged monetary and fiscal assault may be needed to revitalise the US economy, according to a US-based fund manager. Tom Callan, head of BlackRock's $12 billion global opportunities team, said that quantitative easing should be coupled with fiscal ...

Fully hedged funds are the past decade's winners: Zenith

JOHN MCDULING  |  FRIDAY, 3 SEP 2010
In its recently released international shares sector report, Zenith Investment partners found that in the past decade, a fully hedged approach to currency exposure would have provided the best returns. During the decade, the Australian dollar appreciated ...

Aussie equities get clean bill of health

JOHN MCDULING  |  THURSDAY, 2 SEP 2010
With the dust settled on reporting season, Goldman Sachs Asset Management head of Australian equities Dion Hershan said that Australian equities look selectively attractive. Hershan said that while the last reporting season pointed to healthy balance ...