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Showing 311 - 320 of 1663 results for Ruth Liew

Ausmaq goes live on SWIFT tech

RUTH LIEW  |  THURSDAY, 27 MAY 2010
Ausmaq has become the first Australian investment platform to use live automated funds transaction processing over SWIFT technology. Mark Candy, general manager client services Ausmaq, said using SWIFT was an extension of the firm's push to drive automation ...

Macquarie launches cap protection product

RUTH LIEW  |  THURSDAY, 27 MAY 2010
Less than a month after Macquarie created a new consolidated business called Macquarie Specialist Investments, the firm has launched a capital protection product that gives investors geared and non-geared access to 16 managed funds. Peter van der Westhuyzen ...

MLC cuts Wellington and appoints Carnegie

RUTH LIEW  |  WEDNESDAY, 26 MAY 2010
MLC has axed Wellington Management Company from its global equities fund manager line-up, and appointed Carnegie Asset Management as its new investment manager. Wellington's mandate was terminated because the firm tended to show "higher turnover than ...

Challenger injects more liquidity into annuities

RUTH LIEW  |  WEDNESDAY, 26 MAY 2010
Challenger responds to planner demand for liquidity in lifetime annuity strategies through a new product that guarantees investor access to capital for the first 15 years of their investment. A spokesman from Challenger confirmed that the new product ...

Simpler, faster, cheaper rollovers: IFF

RUTH LIEW  |  MONDAY, 24 MAY 2010
The Industry Funds Forum has launched an electronic commerce hub aimed at revolutionising super rollovers. IFF unveiled a new electronic commerce hub that aims to cut down processing time, cost, and simplify the process of rollover transfers between ...

CalPERS reprimands board member

RUTH LIEW  |  THURSDAY, 20 MAY 2010
One of the largest US funds, CalPERS, has voted to strip one board member's position as chair of the fund's health benefits committee along with her travel privileges after failing to file financial disclosure statements. According to a press release ...

AvSuper appoints Hannover Life Re

RUTH LIEW  |  WEDNESDAY, 19 MAY 2010
The $1 billion-plus AvSuper has appointed Hannover Life Re as its new insurer. According to a press statement from the fund, AvSuper's new insurance mandate and arrangements kick in on 1 July. Hannover Life Re's mandate includes group life insurance ...

Addwealth seeks to triple FUA

RUTH LIEW  |  TUESDAY, 18 MAY 2010
WA dealer group Addwealth is aiming to more than triple its funds under advice (FUA) to reach $1 billion in three years, as part of its expansion plans to the Eastern seaboard. Paul Foster, chief executive of Addwealth, said he is looking to grow the ...

Service core to Tower mandate: AustralianSuper

RUTH LIEW  |  MONDAY, 17 MAY 2010
Better and faster service was a core reason why AustralianSuper awarded Tower one of the largest insurance mandates in the industry last year, said the fund's chief executive, Ian Silk. Speaking at the Institute of Actuaries of Australia conference ...

Maritime consolidates alternatives and ARFs

RUTH LIEW  |  THURSDAY, 13 MAY 2010
The $3 billion Maritime Super has consolidated the Absolute Return Funds and Alternatives asset classes within its investment options lineup. According to a statement, the fund's trustee board approved the consolidation for reporting and monitoring ...