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Showing 2471 - 2480 of 4543 results for "Michael"

AustralianSuper overhauls SRI mandate

MICHAEL HOBBS  |  FRIDAY, 15 JAN 2010
AustralianSuper has redefined its $270 million socially responsible investment (SRI) mandate with Perpetual Investments from a strict exclusion approach to a broader best-of-sector strategy. The changes, which occurred this month, mean AustralianSuper's ...

CFS halts mortgage fund redemptions

MICHAEL HOBBS  |  THURSDAY, 14 JAN 2010
Colonial First State (CFS) has told investors in the $850 million Mortgage Income fund the window to access redemptions has closed after it found a small number of mortgages within the portfolio could become bad debts. A CFS spokesperson said the firm ...

Bookmakers Super boosts liquidity

MICHAEL HOBBS  |  THURSDAY, 14 JAN 2010
Bookmakers Super Fund has improved the liquidity of its balanced investment strategies, increasing the cash levels of its Balanced Pension by more than $10 million to $12 million. The fund's December update said "pleasing progress" had been made to ...

Fixing an industry on steroids

MICHELLE BALTAZAR  |  THURSDAY, 14 JAN 2010
... steroids - and called the commissioners to help build a system that doesn't need to save the banks every decade or two. Michael Mayo, managing director and financial services analyst at Calyon Securities (USA), said that the world has been investing ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 13 JAN 2010
... the world or from commodities, as well as the downgrade from WorleyParsons," Austock Securities senior client adviser, Michael Heffernan, said. In news on Wednesday, engineering and maintenance group WorleyParsons fell $3.10, or 10.56 per cent, to $26.25 ...

BT adds oil and gold to super portfolios

MICHAEL HOBBS  |  WEDNESDAY, 13 JAN 2010
In a pivotal stance signalling the importance of oil and gold in superannuation portfolios, BT Financial Group has made key investment changes to its super products to include direct exposure to commodities. The firm completed its strategic asset allocation ...

AXA adds 20 funds to APL

MICHAEL HOBBS  |  WEDNESDAY, 13 JAN 2010
AXA Australia has added 20 funds to its approved product list (APL), including those from Aberdeen, Barclays Global Investors and Magellan, to provide a wider choice of index and income funds to financial planners. The AXA APL includes 51 fund managers ...

Legalsuper cuts 17 fund managers

MICHAEL HOBBS  |  WEDNESDAY, 13 JAN 2010
Legalsuper overhauled its investment portfolio resulting in 17 fund managers getting the cut and five managers receiving mandates including Colonial First State Global Asset Management, Platinum Asset Management and Solaris Investment Management. The ...

Planners locked out of SMSFs

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
A fee for service model for SMSFs could result in a segment of financial planners locked out of the fastest growing superannuation sector. The Cooper Review's Phase Three - Issues Paper raises the financial planning remuneration issue and questions ...

Fund managers pick what's hot in 2010

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
Fund managers are predicting strong returns from financial, industrial and media stocks while one manager is forecasting the local market to hit 5,600 by December next year. Paul Taylor, head of Australian equities at Fidelity International, said he ...