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Showing 281 - 290 of 1700 results for Michael Hobbs

Future Fund to grow investments team

MICHAEL HOBBS  |  THURSDAY, 3 DEC 2009
The Future Fund Management Agency will have a bigger investment team than it initially planned - jumping from 29 to around 40 staff by next year - as the cash-heavy fund scours the markets for more investment opportunities. Speaking at the Investment ...

Virgin Super eyes SME market

MICHAEL HOBBS  |  TUESDAY, 1 DEC 2009
Virgin Super has gained more than $300 million in funds since launching four years ago and plans to target financial planners specialising in small to medium enterprises (SME) to gain more inflows. Matt Baxby, chief executive at Virgin Money Australia ...

Hunter Hall regains lost ground

MICHAEL HOBBS  |  TUESDAY, 1 DEC 2009
Hunter Hall Investment Management has recovered two-thirds of the losses from its funds, according to Peter Hall, managing director at the fund manager, who vowed to return all clients losses earlier this year. Hall said the Hunter Hall Global Deep ...

IOOF eyes more cost cutting

MICHAEL HOBBS  |  MONDAY, 30 NOV 2009
Chris Kelaher, managing director at IOOF Holdings, has flagged cutting the number of products and services, including investment platforms, the business provides to financial planners. In his first operational address since being appointed managing ...

Wave of signatories could weaken PRI

MICHAEL HOBBS  |  FRIDAY, 27 NOV 2009
The head of a top investment firm warned that the United Nations Principles for Responsible Investment (UN PRI) is in danger of losing its potency as more finance firms sign up for the wrong reasons. Speaking at the Responsible Investor conference in ...

Shadforth eyes direct shares

MICHAEL HOBBS  |  FRIDAY, 27 NOV 2009
Shadforth Financial Group is looking to appoint an external firm to provide direct shares capabilities to its financial advisers and is also reviewing its broking business in a bid to provide different levels of advice to a wider range of clients. The ...

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
Self managed super fund (SMSF) administration processes need to be refined to ensure fraudulent rollover schemes are detected and stopped, according to one industry body. Andrea Slattery, chief executive at the SMSF Professionals Association of Australia ...

Disability review assesses role of insurance

MICHAEL HOBBS  |  WEDNESDAY, 25 NOV 2009
The Federal Government has announced a feasibility study into disability care and support services, which will review how a new system could co-exist with the injury insurance industry. The government's Productivity Commission is investigating the cost ...

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
The Parliamentary Joint Committee (PJC) said the government should investigate launching a "last resort statutory compensation fund" to cover financial advice licensee failings. The committee received a number of submissions from the regulator and Financial ...

Zurich ramps up investment business

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
Zurich Financial Services Australia has promoted Matthew Drennan to general manager of investments as part of a strategy to expand its investments division. Drennan, previously director of investments at the firm, will report to David Smith, chief executive ...