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Showing 3301 - 3310 of 3323 results for "Trustees"

Conroy cautions superannuation funds on use of hedge funds

... Authority (APRA), Conroy told a Financial Planning Association lunch that although he didn't oppose the use of hedge funds, "trustees should be aware of the higher risks they often involve". Earlier, Conroy had labelled BHP's $50 million payout to Brian ...

Perpetual Trustees to replace Bradley as managing director

Perpetual Trustees Australia has announced that managing director Graham Bradley is to be replaced after conducting a strategy review that concluded "the timing was right" for a new chief executive to lead the company "through a new growth phase." Bradley ...

Super investment in innovative strategies "questionable": APRA

... financial innovation." The regulator added that the use of gearing and derivatives in hedge funds "makes it difficult for trustees to meet their fiduciary duties not to take on excessive risk." It added, "whether trustees are able to firstly identify ...

Trustees and managers must take active role in governance: ALP

... to the Sydney Institute earlier this week. "For this reason, we believe that institutional shareholders such as super trustees and funds managers have a responsibility to take an active role in Australian companies." In his address, Senator Conroy identified ...

Assirt throws weight behind hedge funds

... controversy since an Australian Prudential and Regulation Authority (APRA) statement in early March warned superannuation trustees that they needed to proceed with caution before investing in hedge funds. The statement sparked a series of claims and ...

S&P appoints Perpetual Trustees as data collection agent

Perpetual Trustees has announced it will act as the only data collection agent for Standard & Poors' residential mortgage-backed securitisation rating service in Australia. Perpetual group executive Phillip Vernon said that the collaboration would benefit ...

ICI backs stronger protection for hedge fund investors

... increased scrutiny in Australia since the Australian Prudential and Regulation Authority issued a warning to superannuation trustees in early March. "What is becoming obvious, however, is that while some hedge funds are professionally managed and regulated ...

InvestorWeb backs growth managers despite performance woes

... 28. The upgrades are as follows: ABN Amro: Buy from Investment Grade AMP Henderson Value: Strong Buy from Buy Equity Trustees (ASX 100): Buy from Investment Grade Investors Mutual: Strong Buy from Buy Tyndall: Strong Buy from Buy The downgrades are as ...

Miekle joins growing list of banned ex-CNAL trustees

The Australian and Prudential Regulation Authority (APRA) has banned Roger Miekle from "acting as responsible officer of a superannuation trustee, investment manager or custodian" for his part in the failure of the Commercial Nominees of Australia (CNAL) ...

IFSA acts to tighten fund manager voting policy

... released a revamped Standard Investment Management Agreement (SIMA) obliging fund managers to provide superannuation trustees with records of their voting policies. "The new SIMA will serve to highlight the important issues regarding shareholder activism ...