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Showing 221 - 230 of 1700 results for Michael Hobbs

Fund managers on tax alert

MICHAEL HOBBS  |  FRIDAY, 12 FEB 2010
Fund managers could lose major clients or risk paying hefty fines if they don't comply with new tax rules which come into effect from July this year, according to one technology firm. According to Corrs Chambers Westgarth, Taxation of Financial Arrangements ...

In Kerr Neilson we trust

MICHAEL HOBBS  |  THURSDAY, 11 FEB 2010
Financial planners are three times more likely to favour Platinum Asset Management over other international equities fund managers, new research found. An Investment Trends survey of 648 financial planners found 56 per cent of planners listed Platinum ...

CFS platforms gain $1.9bn net flows

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
Colonial First State's investment platforms, FirstChoice and Custom Solutions, recorded positive net flows of $1.9 billion for the half year to December 2009, according to the bank's interim numbers. Colonial First State's underlying profit after tax ...

FPA loses chief

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
Jo-Anne Bloch, chief executive of the Financial Planning Association (FPA), has resigned - a decision that took the FPA by surprise. Bloch spent three years as chief executive at the FPA. During this time she led the revamp of its professionalism framework ...

GMO head of Aussie equities departs

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
Ric Suvak has left his role as head of Australian Equities at GMO Australia this week for undisclosed reasons - leaving more than $4 billion of funds under management to a member of the group's domestic equities team. Geoff Wells, who was previously ...

Public policy to reshape investment risk: PIMCO

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
Public policy will wield a bigger hand in portfolio construction as governments play a more interventionist role in financial markets, a leading fixed income expert warned. Mohamed El-Erian, chief executive officer and co-chief investment officer at ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

Vanguard outlines responsible investment stance

MICHAEL HOBBS  |  MONDAY, 8 FEB 2010
Vanguard Investments Australia is keen to dispel speculation that an index manager cannot comply with any responsible investment principles despite not being a signatory to the United Nations Principles for Responsible Investment (UN PRI). "It's is ...

Hartsuyker takes aim at govt reviews

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
Luke Hartsuyker, shadow minister for financial services, superannuation, corporate law and consumer affairs, said the Government has failed to encourage Australians to invest in superannuation by creating an uncertain regulatory environment. Speaking ...

Count buys DKN stake

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
Count Financial has bought a five per cent stake in financial services solutions provider, DKN Financial Group, as financial planning groups continue their buying spree. The purchase, worth over $5 million in ordinary shares, means Zurich Financial ...