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Showing 201 - 210 of 282 results for "Mutual fund"

PE firms gobble Lehman Bros AM

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
Neuberger Berman, a subsidiary of the now defunct Lehman Brothers, along with a huge slice of the parent company's asset management business has been sold for $2.7 billion to private equity giants Bain Capital Partners and Hellman & Friedman. The transaction ...

Game on for sustainability

MICHAEL HOBBS  |  TUESDAY, 23 SEP 2008
Index firm FTSE has launched the Australia version of the established FTSE4Good Global index, which features the country's 'green' companies and is also a means to compare company best practice. The FTSE4Good Australia 30 Index contains Australia's ...

US and Aus open equities borders

MICHAEL HOBBS  |  TUESDAY, 26 AUG 2008
Local investors are set to benefit from a new agreement between US and Australian regulators that may allow brokers from both regions to only comply with their home country regulation when trading Australian or US equities. The groundbreaking deal could ...

Pax fined for SRI breach

MICHELLE BALTAZAR  |  MONDAY, 25 AUG 2008
US-based fund manager Pax World Management was forced to stump up US$500,000 in regulatory fines for violating its own socially responsible investments (SRI) policies. According to the Securities Exchange Commission, the firm bought 10 securities between ...

Aon signs UN PRI

RUTH LIEW  |  THURSDAY, 21 AUG 2008
... Signing the PRI will formalise Aon's use of the PRI framework in determining investment risks in a company, security, or mutual fund on behalf of clients worldwide. The PRI is designed to help investors consider the environmental, social and governance ...

Embracing derivatives: South Korea

RUTH LIEW  |  THURSDAY, 14 AUG 2008
The South Korean derivatives market is on the cusp of a major boom - but investors will have to overcome a lack of education and increased risk before cashing in on the revolution. According to the South Korean Retail Investment Market report by Celent ...

Planners must alter proposition: Murray

MICHAEL HOBBS  |  WEDNESDAY, 23 JUL 2008
... management a better solution, although it is, but that selection and timing is no solution." He said the average US equity mutual fund delivered an annual compound rate of return of 11.3 per cent over a 20 year period up to the end of 2006, whereas the ...

Russell chief resigns

RUTH LIEW  |  THURSDAY, 26 JUN 2008
Russell Investments' chief executive Craig Ueland has resigned and will be replaced by executive vice president of Northwestern Mutual, John Schlifske. Ueland spent 25 years at Russell, and was named chief executive in 2004. He left the company early ...

CFA launches SRI guidelines

MICHAEL HOBBS  |  MONDAY, 23 JUN 2008
The CFA Institute produced a top 10 list of responsible investment guidelines to help investors understand and incorporate socially responsible investments (SRI) into their portfolio. The list was developed after CFA members highlighted the need for ...

Putnam appoints global chief and chair

... management firms in the US. As of May 31, 2008, it managed US$175 billion in assets, of which US$103 billion is for mutual fund investors and US$72 billion is for institutional accounts. Michelle Baltazar