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Showing 281 - 290 of 485 results for Melanie Timbrell

Active risk under spotlight

MELANIE TIMBRELL  |  MONDAY, 14 MAY 2012
Seeking out mid-range tracking error in combination with persistent excess returns is necessary to address the diluted level of active risk pension funds are carrying. Recent research conducted by US headquartered manager Neuberger Berman found the ...

Centro MCS proposes DPF wind-up

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
Centro MCS has informed unitholders of the proposed wind up and termination of its Centro Direct Property Fund. The move follows the redemption of more than 93% of units in the Direct Property Fund (DPF) after the Centro group restructured in December ...

Hastings consortium snaps up de-sal plant

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
An international consortium including the Ontario Teachers Pension Plan and two funds owned by Westpac subsidiary Hastings Funds Management has signed off on a $2.3bn deal to lease the NSW desalination plant. Finalised only six days after offers were ...

Australia eyes Israeli super system

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
Engagement with lifecycling and a better engagement with annuities are two key aspects of the Israeli pension model where Australian super should take note, according to industry heavyweight Jeremy Cooper. Just back from a research trip to Israel led ...

MIT Budget inconsistencies spark concern

MELANIE TIMBRELL  |  THURSDAY, 10 MAY 2012
The surprise doubling of withholding tax for foreign investment in managed investment trusts has been criticised as inconsistent with the IMR initiative. In a budget analysis, Russell Investments has called the move on MIT withholding tax a "significant ...

China needs active management: Fidelity

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
Revised growth targets are part of the latest Chinese five-year plan focusing on social harmony, but active management is essential to reap the solid gains, according to Fidelity. Chinese equities may still be considered a relatively risky asset class ...

Budget: Super changes risk sound investment

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
A two-year deferral of the increased super concessional contributions cap for over 50s risks derailing efficient investment and exacerbating member disengagement, according to industry reaction following last night's Budget. Representing a saving of ...

CFS chief executive Bissaker to depart

MELANIE TIMBRELL  |  TUESDAY, 8 MAY 2012
Colonial First State chief executive, Brian Bissaker will be leaving the Group following an internal review. In announcing the move, group executive, wealth management, Annabel Spring said changes to the business were due to regulatory impacts, the ...

Return to surplus may hit big business

MELANIE TIMBRELL  |  TUESDAY, 8 MAY 2012
Likely cuts in concessions to business and a rushed return to surplus risks damaging softer sectors of the economy, according to Yasser El-Ansary, general manager, policy at the Institute of Chartered Accountants. "We have a strong economy, but a strong ...

AMP signs $220m tech contract

MELANIE TIMBRELL  |  TUESDAY, 8 MAY 2012
AMP has signed a $220 million contract to extend the services of tech provider CSC and support the integration of merged operations with AXA. The new five-year services contract extends the six-year $150 million contract AMP signed with CSC in 2009. ...