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Showing 11 - 20 of 1700 results for Michael Hobbs

Sovereign keeps overweight to distressed debt

MICHAEL HOBBS  |  FRIDAY, 30 JUL 2010
Alternatives expert Sovereign Investment Research is recommending its superannuation clients remain overweight to specific distressed debt strategies ahead of expected defaults from small US-based companies. Ray King, managing director at Sovereign ...

Brakes on new hedge funds

MICHAEL HOBBS  |  FRIDAY, 30 JUL 2010
The number of single manager hedge funds coming to the retail market has slowed to a trickle, according to new research. Just one new fund was rated in the Lonsec's 2010 Sector Review - Single Manager Hedge Funds compared to 10 funds last year. "The ...

Coalition details stance on commissions

MICHAEL HOBBS  |  THURSDAY, 29 JUL 2010
Luke Hartsuyker, shadow minister for financial services and superannuation, said the Coalition won't dictate how a financial planning client has to pay for advice but said it would not support all types of commission payments. "I believe that trailing ...

BTIM hires new portfolio manager, Swift departs

MICHAEL HOBBS  |  THURSDAY, 29 JUL 2010
BT Investment Management (BTIM) completes the restructure of its multi-strategies business with the appointment of a new senior portfolio manager for the diversified funds while Robert Swift's role as head of multi-strategies has been made redundant. ...

FEAL Conference cuts through the noise

MICHAEL HOBBS  |  WEDNESDAY, 28 JUL 2010
... members include Mark Delaney, chief investment officer of AustralianSuper, Danielle Press, chief executive of Equipsuper and Michael Seton, chief executive of AGEST. Greg Cooper, chief executive, Australia at Schroders and Peter Gunning, global chief ...

No double dip recession: Fidelity

MICHAEL HOBBS  |  WEDNESDAY, 28 JUL 2010
Paul Taylor, head of Australian equities at Fidelity International, does not expect the world economy to experience a double dip recession but is positioning investment portfolios for lower global growth. Taylor said the chance of a global double dip ...

AIA signs credit card insurance deal with Citibank

MICHAEL HOBBS  |  TUESDAY, 27 JUL 2010
AIA Australia has signed a five-year credit card insurance deal with Citibank - one of the biggest deals the insurer has scored since rebranding. The insurer joins MetLife Australia as a partner to Citibank's business that provides credit card insurance ...

Treasury bounces back to pre-crisis FUM

MICHAEL HOBBS  |  TUESDAY, 27 JUL 2010
Treasury Group's funds under management (FUM) rose more than 34 per cent to $14.7 billion in the year to June, close to its pre-GFC levels, after three of its fund managers attracted flows from institutional investors. The group's FUM increased by $3.7 ...

Overseas pensions shine in communications

MICHAEL HOBBS  |  TUESDAY, 27 JUL 2010
Super funds on the hunt for new strategies around advertising or communications should look to their US and European counterparts for inspiration, research shows. The Pension Communications Project 2010: Getting Personal, Excellent DC pensions communications ...

T. Rowe Price opens Aus equities business

MICHAEL HOBBS  |  MONDAY, 26 JUL 2010
T. Rowe Price is opening an Australian equities division for the first time and hired former Schroder Investment Management senior portfolio manager, Randal Jenneke, to oversee its development. Jenneke spent nine years at Schroder as an Australian equities ...