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Showing 221 - 230 of 364 results for Alison Bevege

Foreign shocks sparks IT scrutiny

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Hedge funds and finance industry operators are paying up to 50 per cent more for old legacy disaster recovery management systems, a new technology provider has said. Alphaserve Technologies, a New York-based firm that provides risk management, performance ...

Super funds at risk of cyber crime

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Superannuation funds risk losing their member's details to identity thieves if they don't protect their systems, internet security firm Pure Hacking said today. Ty Miller, chief technology officer of the ethical hacking security and testing firm, said ...

Neilson loosens reins at Platinum

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Platinum International has restructured with founder Kerr Neilson loosening the reins to let team members Jacob Mitchell and Andrew Clifford lend a hand in managing the flagship global equity fund. The fund had $16.2 billion in assets as at December ...

Future Fund dabbles in India

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Australia's Future Fund has awarded a new mandate to US-based venture capital firm Bessemer Venture Partners. The world's 13th largest sovereign wealth fund with $74.6 billion worth of assets under management issued the mandate to Bessemer some time ...

CFS tilts at emerging market returns

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Colonial First State subsidiary Realindex Investments has launched an emerging markets index fund that seeks to remove the drag of weighting distortion with value investing techniques. The fund, which will have fees of 79 basis points per annum and ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Merging superannuation funds have been granted a three-month tax relief extension by Financial Services and Superannuation Minister Bill Shorten. Minister Shorten today said that the Government would extend the temporary tax loss relief for consolidating ...

Advisers sacked, fees halved in "doom" scenario

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
A report stating a quarter of financial advisers would be wiped from the industry and fee revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in ...

ETF provider soothes market over risk issues

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Exchange traded fund provider iShares has moved to reassure the market that Australian ETFs are not risky in the wake of warnings from global authorities about transparency and leverage issues. The Financial Stability Board, an international watch-dog ...

High level super talks on now

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Top superannuation fund chiefs are today locked in high-level talks with Financial Services Minister Bill Shorten on a range of issues including raising the superannuation guarantee. Pauline Vamos, chief executive of the Association of Superannuation ...

Fund managers follow the herd

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Global equities fund managers are often choosing the same stocks for their top 10 holdings, research house Lonsec has found in its latest global equity fund sector review. The review rated 39 funds of which 26 were qualitatively managed by active stock ...