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Showing 2761 - 2770 of 2961 results for "August 2010"

Perennial aids Emergency Services cash investment

Perennial Investment Partners has won a $200 million mandate to manage the Emergency Services Superannuation (ESS) cash enhanced investment. Perennial's responsibility in the arrangement is to boost the investment returns on ESS's cash holdings. The ...

ASIC reveals financial services refinement projects

The Australian Securities and Investments Commission (ASIC) has put forward details of the eight projects it will embark on as part of the Federal Government's Refinements to Financial Services Regulation. Each project has its own timetable with ASIC ...

ASIC documents and expands relief rulings

The Australian Securities and Investments Commission (ASIC) has released an updated report detailing its relief rulings given to financial service providers from certain provisions of the Corporations Act 2001, and has also issued a new class order ...

New head of investment consulting for Russell

In response to the departure of its co-head of investment consulting Paul Laband to Unisuper, Russell Investment Group has announced that director of investment consulting David Hartley will now become the sole head of Russell's investment consulting ...

APRA releases tough standards for insurance industry

The Australian Prudential Regulation Authority (APRA) has issued draft prudential standards on a proposed strengthening of the prudential supervision of general insurance for risk and financial management. The draft standards include a discussion paper ...

MFS launches new fund in property trusts and firms ties with Babcock & Brown

MFS Investment Management (MFSIM) has launched Optimiser One, a unit trust investing in both listed and unlisted property trusts. The fund will be fixed for a five-year term and offers a guaranteed first year return of 9.6 per cent for the first year. ...

Macquarie Fortress Notes gets Zenith 'recommended' rating

Zenith Investment Partners has awarded Macquarie Fortress Notes a 'recommended' rating believing the product offers investors an opportunity to receive a consistent return above cash while preserving their capital. The notes use local client's funds ...

HIH fall out continues

The Australian Prudential Regulation Authority (APRA) has barred another former HIH executive with Ross Eade being disqualified under the Insurance Act 1973 from holding a position or acting as a director or senior manager of a general insurer. Eade ...

NAB Currency Options Trader pleads guilty

National Australia Bank's currency crisis continues with former NAB head of foreign currency options desk, Luke Duffy pleading guilty to three counts of dishonestly using his position as an employee to gain advantage for himself and others. Duffy was ...

Morningstar corrects HSBCAM numbers

Morningstar has issued another update on HSBC Asset Management after publishing performance figures last week that omitted to account for a distribution. The researcher's general outlook on the manager has remained unchanged - with the manager's strategy ...