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Showing 271 - 280 of 485 results for Melanie Timbrell

Research: Australian private banks fall behind

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
Australian private banks have fallen behind the UK in satisfaction levels, according to research from CoreData. A quarterly survey of 1,722 Australians with more than $1 million excluding residence and superannuation found that only 33.1% currently ...

AustralianSuper wins landmark IBM mandate

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
AustralianSuper has won Australia's largest corporate super outsourcing mandate to manage the $1.7bn IBM staff fund. Subject to due diligence, current IBM Super members and employees will transfer to AustralianSuper effective 1 November 2012. The tender ...

PJC blasts Trio follow-up

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
The Parliamentary Joint Committee on Corporations and Financial Services has expressed strong concern over lack of follow-up from regulators and criminal authorities in the wake of the Trio Capital collapse. In the report on the largest superannuation ...

Retail funds in ACTU's sights

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Superannuation funds would be forced to reveal related party fee details if a union push on disclosure succeeds, in a move likely to hit bank-aligned retail funds. The policy on retirement income and superannuation, due to be signed off at the ACTU ...

ASIC moves on insider trading

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Insider trading and market manipulation charges are on the rise, according to ASIC, which gets 200 trade surveillance alerts indicating unusual trading activity each day. Deputy chairman of the Australian Securities and Investments Commission, Belinda ...

Franklin Templeton reviews fees for retail competition

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
Franklin Templeton Investments has introduced a new fee structure for Australian Equity Fund retail investors, to target competition as the manager builds its local retail business. Management costs have moved from a flat management fee structure to ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
FSC chief John Brogden has called on the Gillard government to provide strong support for the wealth sector ahead of addressing an IRS hearing in Washington DC on the contentious FATCA regime. The Foreign Account Tax Compliance Act (FATCA) regime aims ...

Private debt gets 'time in the sun'

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
Private debt secured by commercial property is having its 'time in the sun' due to a supply/demand imbalance leading to wider margin spreads, according to one investment manager. Financing of commercial property has seen spreads widen from around 60 ...

Northern Trust secures UK charity mandate

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
Northern Trust has won a GBP345 million mandate from The Nesta Trust for custody and related services. The mandate represents Northern Trust's focus on charities, foundations and endowments following recent wins in the UK from the Health Foundation ...

JPMorgan execs to resign over US$2bn trading loss

MELANIE TIMBRELL  |  MONDAY, 14 MAY 2012
Three JPMorgan Chase executives will resign this week following a US$2bn trading loss of synthetic credit securities, according to reports out of New York. The Wall Street Journal has named Ina Drew, chief investment officer and head of the risk-management ...