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Showing 221 - 230 of 363 results for "ASC"

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 ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

Ascalon partners with Hong Kong manager

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Ascalon Capital Managers has furthered its presence in Asia, forming a partnership with a Hong Kong-based alternative manager, Athos Capital. Ascalon, a member of the BT Financial Group and a 100% subsidiary of Westpac Banking Corporation, said it was ...

Alleron wins AustralianSuper mandate

ELISE BURGESS  |  TUESDAY, 22 NOV 2011
AustralianSuper has awarded a $440 million mandate to Australian equity manager, Alleron Investment Management. Established in 2004, Alleron is a Sydney-based boutique investment firm, with around $2 billion in funds under management, and uses a long ...

Market Wrap - Midday

AAP  |  THURSDAY, 10 NOV 2011
The Australian stock market had suffered its sharpest drop in almost two months by noon as investors took fright over the ongoing troubles in the Eurozone. Australia's major market indices were down nearly three per cent after talks collapsed in Greece ...