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Showing 191 - 200 of 364 results for Alison Bevege

Investor revolt threatens 30 fund managers

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
An action group of disgruntled investors are trying to remove the 30-member management team of Wellington Premium Income Fund. The unit-holder action group says it represents 27 per cent of the investors in PIF and has taken steps to convene a meeting ...

Financial services targeted for data theft

ALISON BEVEGE  |  TUESDAY, 17 MAY 2011
The financial services industry is being targeted for data theft, one of the world's foremost experts on hack attacks said today. Tal Be'ery, web research team leader from US-based data protection firm Imperva, said the cyber criminals were following ...

New ETFs hit booming market

ALISON BEVEGE  |  TUESDAY, 17 MAY 2011
Exchange-traded fund provider Vanguard launched three new funds yesterday as the popularity of the product explodes. At an investor presentation yesterday to mark the launch of three new ETFs, Vanguard said there had been a 70 per cent increase in the ...

Deadline tonight for Trio levy submissions

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
Time runs out today for superannuation funds to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. With the impost worked out as a percentage of funds under management and capped ...

Leveraged ETF risk laid bare

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
Morningstar's co-head of fund research Tim Murphy caused a stir at the research firm's investment conference when he showed the risks of US-style synthetic ETFs at a panel session in Sydney on Friday. Tom Keenan of iShares Australia and Graham Smith ...

Advisers not ready for super changes

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
Financial planners are unprepared for a superannuation system that is rapidly changing with the biggest problems not of their making, Jeremy Cooper said today. Cooper, the former head of the Superannuation System Review, told a packed ballroom of industry ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
Deep problems in the superannuation system meant Australians may not have enough money to provide for their retirement despite half-million dollar balances, an industry expert said today. In his keynote speech at the Morningstar Investment Conference ...

$14 billion looking for a home

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
The biggest wave of freed-up money to hit the market in years will be looking for a home next month with $14 billion worth of bonds set to mature, a credit market expert has said. Vivek Prabhu, portfolio manager and credit analyst for Perpetual, says ...

Advisers launch FOFA attack

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Now the Budget is over financial adviser groups have come out swinging over the Future of Financial Advice (FOFA) reforms, rallying members to pressure the Government to scrap their most hated measures. The two key points adviser groups want scrapped ...

Budget tweak to SMSF rules

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Self-managed super fund trustees can relax after the Budget brought no great changes other than a $30 increase in levies and a curiously helpful legislative tweak, an industry expert said today. Self-managed fund expert Tim Miller, head of technical ...