Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 1700 results for Michael Hobbs

ASSET Super appoints LGT Capital

MICHAEL HOBBS  |  WEDNESDAY, 3 MAR 2010
ASSET Super has committed $50 million to invest with secondary market private equity investment firm, LGT Capital. The super fund has invested $12 million in the private equity investment firm's Crown Global Secondaries II product at the end of January ...

US fund managers say long term, trade short term

MICHAEL HOBBS  |  WEDNESDAY, 3 MAR 2010
A US-based study has found many US fund managers are churning their portfolio more often than they said they would - giving new evidence that short-termism is rife and long-termism is just lip service for many. The study found nearly two thirds of institutionally ...

J.P. Morgan hires 50 for custody business

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
J.P. Morgan's custody business has hired 50 executives across taxation, business analytics and client servicing in the past four months to cope with client demand. Bryan Gray, managing director of sales & client relationship management at J.P. Morgan ...

MSCI buys RiskMetrics

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
MSCI has bought risk management and corporate governance researcher, RiskMetrics, in a cash and stock transaction worth more than A$1.7 billion, but a RiskMetrics spokesperson said it's business as usual in Australia. The index provider bought RiskMetrics ...

AXA Framlington eyes Japanese tech firms

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
AXA Framlington is allocating more than 10 per cent of its portfolio to Japanese companies to access firms selling robotics technology to China as the country's demand for sophisticated technology grows. The qualitative fund manager's Global Opportunities ...

Super funds to gain better risk management

MICHAEL HOBBS  |  MONDAY, 1 MAR 2010
Super funds could soon gain far more detail on fund manager performance after the launch of a new middle office platform from IT outfit DST Global Solutions. Steve McGovern, global head of the middle office platform at DST Global Solutions, said the ...

AMIST backs after-tax benchmarking

MICHAEL HOBBS  |  MONDAY, 1 MAR 2010
AMIST Super has become the first super fund to adopt the FTSE ASFA Australia after-tax benchmarks for its Australian equities managers. John Livanas, chief executive at AMIST Super, which has more than $280 million in invested in Australian equities ...

Super Concepts overhauls website

MICHAEL HOBBS  |  FRIDAY, 26 FEB 2010
Super Concepts has revamped its website to allow financial planners easier access to technical research and plans to provide a separate login area for specialist advisers. Joanne Powell, national marketing manager at SuperConcepts, said the website ...

IOOF gains $225m in net inflows

MICHAEL HOBBS  |  THURSDAY, 25 FEB 2010
IOOF recorded $225 million in net inflows into its flagship products in the past six months to December last year as the group posted a 37 per cent increase in underlying net profit after tax to $47 million during the same time period. The firm's funds ...

Perpetual FUM up as flows steady

MICHAEL HOBBS  |  THURSDAY, 25 FEB 2010
Perpetual's investment fund flows remain much lower compared to pre-global financial crisis levels, but its funds under management (FUM) rose by $3 billion to over $29 billion in a six-month period to December last year. Perpetual's first half profit ...