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Showing 3081 - 3090 of 4761 results for "July 2014"

Buffett gives $2 billion to Gates Foundation

MARK SMITH  |  TUESDAY, 9 JUL 2013
Legendary investor and billionaire Warren Buffet has continued his annual donation plan by giving more than $US2.6 billion ($2.9 billion) worth of Berkshire Hathaway stock to five charities. The largest proportion of Berkshire Hathaway Class B shares ...

Former Hyperion boss Dr Manny Pohl launches mid cap fund

MARK SMITH  |  TUESDAY, 9 JUL 2013
Former Hyperion Asset Management managing director Dr. Manny Pohl has launched a new long only, growth style mid cap equity fund via his new venture, ES Pohl & Co. The EC Pohl & CO Mid Market Opportunities fund will focus on stocks outside the ASX top ...

Parametric appoints new Australian CEO

MARK SMITH  |  MONDAY, 8 JUL 2013
Global investment manager Parametric has appointed Chris Briant as chief executive officer for its Australian business, following the departure of managing director Scott Lawrence. The Eaton Vance subsidiary, best known in Australia as a proponent of ...

Bloomberg ASEAN roadshow kicks off

MARK SMITH  |  FRIDAY, 5 JUL 2013
Bloomberg launched its new ASEAN Bond Portal at its annual ASEAN Fixed Income Roadshow which kicked off in Singapore yesterday. Bloomberg's ASEAN Bond Portal will be used to provide a centralised place where investors can view all the available bonds ...

Stronger Super look-through requirements may erode competitive edge

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The federal government's comprehensive look-through requirements, due to come in on July 1 2014, may compromise confidentiality agreements and erode members' returns, according to Graeme Miller, Towers Watson's director of investment services Australia. ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
While the majority of the Stronger Super reforms now apply, the government has deferred two of its last-minute measures, after many in the industry said it was impossible to comply. The first measure to be deferred is the product dashboard for MySuper ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July  ...

Ghosts? What ghosts?

BENJAMIN ONG  |  THURSDAY, 4 JUL 2013
What the...? Wall Streeters must have smoked or drank some heavy stuff ahead of America's 4th of July holiday celebrations. All three of America's benchmark equity indices - the Dow, the S&P 500 and the Nasdaq - closed higher while most other equity ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
The Australian Securities and Investment Commission (ASIC) should consider extending its relief of the need for 'wet signatures' on product disclosure statements (PDS) for the ASX Managed Funds Service (AMFS) to the wider industry to increase access ...

Opposition challenges Labor to review Trio fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
Shadow Minister for Financial Services and Superannuation Mathias Cormann has called on new Treasurer Chris Bowen to review the Gillard government's response to the Trio Capital scandal. Described as the "largest superannuation fraud in Australian history" ...