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Showing 261 - 270 of 1700 results for Michael Hobbs

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 ...

GSJBWAM Aussie equities wins rating upgrades

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
Goldman Sachs JBWere Asset Management's (GSJBW) Australian equities team continues to impress ratings houses after gaining another rating upgrade from Lonsec. Lonsec upgraded the GSJBW Australian equities portfolio from 'investment grade' to 'recommended'. ...

Cooper Review calls for SMSF structure overhaul

MICHAEL HOBBS  |  TUESDAY, 15 DEC 2009
... years to come and product providers still haven't developed products that are appropriate for SMSFs," he said. Separately, Michael Davison, senior policy adviser for superannuation at CPA Australia, said SMSF trustees should not be burdened with the ...

AMP and AXA SA propose final offer

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
AMP and AXA SA have sweetened the bid for AXA Asia Pacific, increasing the cash component of the proposal in a move that the firms said is their best and final offer. The revised proposal means AXA Asia Pacific's minority shareholders are being offered ...

ACSI voting service attracts five members

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
Five superannuation funds are expected to sign on to the Australian Council for Super Investors' (ACSI) Global Proxy Voting Service, which launches next month. Ann Byrne, chief executive at ACSI, said the council is pleased with the initial amount of ...

ETF Securities ramps up for 2010

MICHAEL HOBBS  |  FRIDAY, 11 DEC 2009
ETF Securities has gained $100 million in local funds to its exchange traded commodities product (ETC) and is looking to ramp up its local sales activity next year. Nigel Phelan, head of sales for Australia and New Zealand at ETF Securities, said the ...

Instos move on Treasury stocks

MICHAEL HOBBS  |  FRIDAY, 11 DEC 2009
Perpetual and Telstra Super have each bought more than one million ordinary shares in Treasury Group, which means both groups hold a five per cent voting share in the boutique incubator. Both groups bought more than 1.1 million of ordinary shares in ...