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Showing 3151 - 3160 of 4839 results for "EAC"

Liquidity concerns push CSC to change target allocation

ALEX DUNNIN  |  MONDAY, 27 MAY 2013
Commonwealth Super Corporation (CSC), trustee for the Public Sector Super Scheme, has made changes to its default option in response to the Stronger Super reforms that require improved operational risk reserves. The CSC made the changes to lift its ...

Careful of the recession you wish for

BENJAMIN ONG  |  MONDAY, 27 MAY 2013
More often than not, it's good to know that one is in good company. I bet not a few of you gentle readers believed more the "Fed would unwind soon" headlines than this column's musing that, "that time is not yet". Yeah, the equity markets' performance ...

Paragem FUA reaches $1.9bn after new mergers

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
Paragem Australian Financial Services Licence (AFSL)'s funds under advice (FUA) has reached $1.9 billion after three practices joined the group between May and June 2013. The practices are all fee-based and look after more than $280 million FUA, which ...

AllianceBernstein launches tail risk protection strategy

MARK SMITH  |  FRIDAY, 24 MAY 2013
Tail risk, or the risk of suffering losses greater than statistically normal ranges, is a much greater threat to portfolios than volatility, global asset manager AllianceBernstein warns. Tail risk takes its name from the shape of the bell curve, in ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
At the Actuaries Summit held in Sydney this week, Professor Anthony Asher of the Actuaries Institute's Retirement Income Working Group stressed the need to develop a "vibrant annuity market", in line with much of the rest of the world. "It's very difficult ...

SuperStream data standards superficial

ALEX DUNNIN  |  TUESDAY, 21 MAY 2013
SuperStream's data standards only superficially deal with how gateways will interact with each other, according to the SuperStream Gateway Project (SGP). In a newsletter to stakeholders this week the group wrote: "the SuperStream data standards only ...

ACCC to review Perpetual's Trust Company takeover

MARK SMITH  |  TUESDAY, 21 MAY 2013
The Australian Competition and Consumer Commission (ACCC) will review Perpetual's proposed takeover of The Trust Company. The consumer watchdog says it wants to assess whether the merger will substantially lessen competition in market. Earlier this ...

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
The Trust Company looks set to become part of Perpetual after its board unanimously agreed the asset manager's offer was "superior" to a counter bid from Equity Trustees (EQT). In an announcement to the Australian Securities Exchange (ASX), The Trust ...

Energy Super awards mandates to four managers

MARK SMITH  |  MONDAY, 20 MAY 2013
Industry fund Energy Super has awarded $700 million worth of international equities mandates to four fund managers. Harding Loevner, Longview Partners, Sands Capital Management and Schroders have each won an unspecified share of the new allocation. ...

Quo vadis dollar-A?

BENJAMIN ONG  |  MONDAY, 20 MAY 2013
Aussie! Aussie! Aussie! Dive! Dive! Dive! You've heard the news - our very own currency is top of the pops no more, it's made one hell of celebrity splash over the past week as it fell below parity against the big dollar and continued to head down ...