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Showing 211 - 220 of 357 results for "ASC"

Aussie fund wins $1.1bn PNG super mandate

BEN COLLINS  |  TUESDAY, 15 MAY 2012
Ascalon aligned PacWealth Capital has been awarded a $1.1bn mandate to manage assets for the Papua New Guinea National Superannuation Fund. The National Superannuation Fund (NASFUND) was the first approved superannuation fund to be licensed by the central ...

Market Wrap

AAP  |  THURSDAY, 3 MAY 2012
The Australian stocks market was flat in quiet trading conditions at noon, as gains among financial shares were offset by weakness in the energy and gold sector. At 1215 AEST on Thursday, the benchmark S&P/ASX200 index was up 1.3 points, or 0.03 per ...

Super scale requires immediate action

ELISE BURGESS  |  TUESDAY, 3 APR 2012
Super funds must act on scale now if they are to perform well under the Stronger Super reforms, according to a retirement head at Mercer, with forward projections a necessary outcome. Under the Stronger Super reforms, super trustees will have to determine ...

Market Wrap

AAP  |  FRIDAY, 16 MAR 2012
Australian stocks have opened flat, in defiance of a positive finish on Wall Street. At 1029 AEDT, the benchmark S&P/ASX200 index was up 3.6 points, or 0.08 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen 4.7 points, or ...

Super funds still shunning women trustees

RACHEL DAVIS  |  THURSDAY, 8 MAR 2012
Women make up 46% of super fund members in Australia but they are still massively under-represented on fund trustee boards, reveals new research from SelectingSuper's research partner Rainmaker Information. Rainmaker has analysed the gender composition ...

H3 Global wins LG Super mandate

CLAIRE MCGREAL  |  THURSDAY, 1 MAR 2012
Westpac- linked H3 Global Advisers has been awarded a $55 million mandate by Local Government Super in New South Wales, pushing its total assets under management to over $600 million. H3 Global is 45% owned by Ascalon Capital Managers, which is fully ...

Extending the extended extension

BENJAMIN ONG  |  FRIDAY, 27 JAN 2012
Aussie, Ausssie, Aussie! Oi! Oi! Oi! It's time to shake off that hangover all youse blokes and shielas for as we, Australians all, drank and barbecued Australia Day yesterday, the US Federal Reserve gave financial markets another something to celebrate. ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
Superannuation funds need to start dealing with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
AMP has come down hard on the government's draft FOFA legislation, saying the Bill as it stands had "so many problems" a "rigorous stocktake" was needed. Appearing before the Parliamentary Joint Committee yesterday, managing director AMP Financial Services ...

Ascalon forms second Asian partnership

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
Ascalon Capital Managers (Asia) has formed a partnership with long-short equity manager Canning Park by taking a 30% stake in the business. Headquartered in Singapore but with an office in Sydney, Canning Park invests across a total of 10 Asian markets ...