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Showing 191 - 200 of 485 results for Melanie Timbrell

Barclays chief resigns

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
Barclays chief executive Bob Diamond has resigned after coming under fire from both politicians and regulators in the wake of the Libor interest rate fixing scandal. In stepping down, Diamond said the "external pressure placed on Barclays has reached ...

CFSGAM boosts responsible investment team

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
Colonial First State Global Asset Management (CFSGAM) has augmented its responsible investment team with two appointments. Pablo Berrutti, ex-head of responsible investment at Perpetual will take the newly created role of head of responsible investment ...

MLC MasterKey Business Super wins $34m in mandates

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
MLC MasterKey Business Super has won three corporate super mandates worth $34 million. The employers who have just signed on to MasterKey Business Super are McMillan Shakespeare, Kentz Engineering and Swisse Vitamins. The $34 million boost would take ...

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
British Prime Minister David Cameron has announced a full parliamentary inquiry into the British banking sector in the wake of a rate fixing scandal that has already claimed the scalp of Barclays chairman Marcus Agius. A bipartisan committee will hear ...

AMP SMSF recruits Super Concept's Jameson

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
Former Super Concepts managing director Craig Jameson has signed with AMP's newly formed business unit, AMP SMSF. Jameson will take the title of director business operations and be responsible for setting up AMP SMSF's business operations, including ...

Macquarie to sell COIN

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
Macquarie Banking and Financial Services has signed a conditional agreement for the sale of COIN Software to Rubik Financial Limited. Under the agreement, COIN will be separated into two financial software offerings, with Macquarie retaining the majority ...

China approves cross-border ETFs

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
China has approved mutual listings of exchange traded funds on Hong Kong and mainland exchanges. The Hong Kong's Securities and Futures Commission (SFC) made the announcement on Friday saying the move was part of China's plans to boost financial exchange ...

Mariner revises Austock offer

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
Mariner Corporation has revised the conditions of its intended takeover of Austock Group, including a small rise in bid price for shareholders. On June 25 Mariner announced an intention to purchase all shares in Austock at 10.5 cents per share. Shareholders ...

Super fund support for carbon tax

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
The Australian Council of Super Investors has broadly supported the government's new carbon tax that came into effect yesterday, labelling it a practical policy measure that will address long-term investment risk for fund members. In a submission to ...

Scope for super participation in TPD education

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
Super funds have a role to play in public education on the implications of TPD member cover, according to Slater & Gordon Lawyers. Following a recent survey that showed only 47% of people knew total and permanent disability (TPD) insurance coverage ...