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Showing 2221 - 2230 of 2989 results for "ARRA"

Anglican Diocese signs SRI deal with Mercer

MEDIA RELEASE  |  TUESDAY, 31 AUG 2010
The Anglican Diocese of Sydney has appointed Mercer to an implemented consulting mandate focused on socially responsible investing. The arrangement involves Mercer tailoring a new multi-manager fund focused on SRI - a key criteria for the diocese. The ...

Ambassador wins Copper Rock mandate in Oz

COMPANY RELEASE  |  THURSDAY, 22 JUL 2010
Ambassador Funds Management Services has entered into an arrangement to represent US-based manager, Copper Rock Capital Partners, in Australia and New Zealand. Copper Rock, headquartered in Boston, Massachusetts, provides growth equity strategies for ...

Infrastructure mandates tough for super funds

RUTH LIEW  |  THURSDAY, 22 JUL 2010
Super funds investments into Australian infrastructure should be a win-win arrangement for both parties - but the current structures and projects remain too risky for institutional mandates, according to Asset Super. John Paul, chief executive of the ...

AIA moves to integrate retail offering

COMPANY RELEASE  |  THURSDAY, 22 JUL 2010
AIA Australia has launched Platform Investor Protect - a new service that integrates the insurer's flagship retail product, Priority Protection, onto an investment platform for the first time. AIA said in a statement that clients would benefit by being ...

Frozen fund investors get $36m settlement

COMMERCE COMMISSION RELEASE  |  THURSDAY, 22 JUL 2010
New Zealand investors in two frozen funds by ANZ and ING (NZ) stand to benefit from a $36 million (NZ$45 million) settlement fund arranged by the regulator after both funds breached marketing material compliance rules. In its largest monetary settlement ...

GESB unveils opt-in insurance for casuals

RUTH LIEW  |  WEDNESDAY, 21 JUL 2010
GESB is restructuring its insurance arrangements for casual members - introducing a new 'opt-in' option for all new casual employees who join the WA fund. GESB announced that starting this month, new casual employees who want insurance cover will be ...

Coalition's IR commitment locks in Award default funds

ALEX DUNNIN  |  TUESDAY, 20 JUL 2010
The Coalition's small target election strategy for industrial relations and their commitment to stick with the government's Fair Work Act means there will be no change to how default super funds are nominated in Awards. This follows Opposition Leader ...

Trustee outsourcing deals in regulator spotlight

ALEX DUNNIN  |  TUESDAY, 13 JUL 2010
New research from APRA reveals that while the focus on super funds using related party service providers often focuses on not-for-profit funds, it is the outsourcing practices of retail funds that present more concerns to the regulator. According to ...

Aviva takes over Henderson property fund

RUTH LIEW  |  MONDAY, 12 JUL 2010
Aviva Investors will manage the Henderson International Property Fund portfolio, which includes Australian assets, after being named investment manager and authorised corporate director of the fund. The arrangements kick in 2 August. In a press statement ...

Praemium preps more advisers to fee-for-service world

RUTH LIEW  |  FRIDAY, 9 JUL 2010
Praemium is expanding its planner target market by 80 per cent as the firm rolls out SMARTwrap - a service aimed at both fee-for-service and commission-based advisers, and those transitioning to a fee structure. Arthur Naoumidis, group chief executive ...