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Showing 2241 - 2250 of 4543 results for "Michael"

Perpetual taps global resources

MICHAEL HOBBS  |  WEDNESDAY, 16 JUN 2010
Perpetual has launched its Global Resources Fund, a fund that provides access to overseas companies that won't be impacted by the government's proposed Resources Super Profits Tax (RSPT). The fund uses a bottom-up stock selection approach to invest ...

HESTA hires Hermes for intl ESG

MICHAEL HOBBS  |  WEDNESDAY, 16 JUN 2010
HESTA has appointed Hermes Equity Ownership Services (EOS) to provide environmental, social and governance (ESG) research and voting services on international share investments. Hermes EOS' appointment does not impact its agreement with Regnan, which ...

NZ regulator extends AMP and AXA deadline

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
New Zealand's Commerce Commission has delayed a final decision on AMP's bid for AXA Asia Pacific by two weeks to June 25. A Commerce Commission spokesperson said the regulator had agreed with AMP and AXA Asia Pacific on the extended deadline. The regulator's ...

RARE Infra wins $1.4bn in mandates

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
RARE Infrastructure has attracted $1.4 billion in investment mandates in nine months including one from the $67 billion Future Fund. The global listed infrastructure fund manager has gained a number of institutional clients from Australia, Hong Kong ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUN 2010
... Santos was down 14 cents at $13.36, while Oil Search was up two cents at $5.91. Austock Securities senior client adviser Michael Heffernan said most share movements were fairly conservative as trade resumed after a long weekend. "It's been in the red ...

UK pension lose $6bn on BP oil spill

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
UK pension funds have a multi-billion dollar exposure to oil giant BP's share price, which has plummeted more than 36 per cent since the oil leak in the Gulf of Mexico. The UK-based National Association of Pension Funds (NAPF), which represents more ...

AXA appoints FMs to drive income

MICHAEL HOBBS  |  FRIDAY, 11 JUN 2010
AXA Australia selected funds from Ankura Capital, Legg Mason, Epoch Investment Partners, Macquarie Investment Management and Goldman Sachs/JBWere as part of its new income portfolio. Ankura Capital and Legg Mason will manage the Australian equities ...

FPA board member resigns, airs governance concerns

MICHAEL HOBBS  |  FRIDAY, 11 JUN 2010
One of the founders of Matrix Planning Solutions has resigned from the Financial Planning Association (FPA) board due to concerns about the association's governance practices and its fixation on planner remuneration. Rob Pedersen, appointed to the FPA ...

VFMC brings risk management in-house

MICHAEL HOBBS  |  THURSDAY, 10 JUN 2010
Victorian Funds Management Corporation (VFMC) takes a fresh approach when measuring asset risk for clients, recruiting a former Russell Investments consultant to help oversee the process. Justin Arter, chief executive at VFMC, said the firm previously ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUN 2010
... Management offers $1.2 billion of short-term Treasury notes at auction. In companies news, Woolworths Ltd chief executive Michael Luscombe, Harvey Norman Ltd boss Gerry Harvey and the managing director of the Wesfarmers-owned Coles, Ian McLeod, are listed ...