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Showing 3341 - 3350 of 4839 results for "EAC"

Super funds drive M5 infra investment deal

BEN COLLINS  |  TUESDAY, 26 JUN 2012
Several superannuation funds will help finance the widening of Sydney's M5 motorway through investment in the road's operator Interlink Roads Pty Ltd. Financial Standard understands that the finance will be provided by AMP capital, Industry Funds management ...

AMP Capital Investors restructure

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
AMP Capital Investors has restructured its equities portfolio management within the multi-manager team. Mary McLaughlin, portfolio manager for the AMPCI Responsible Investment Leaders (RIL) Share Fund has already left the group, departing last Tuesday ...

Pacific Hydro joins $315m renewable energy JV

LINDA HAUSKEN  |  MONDAY, 25 JUN 2012
Prime Minister Julia Gillard has announced a $320 million consortium agreement between the industry fund owned Australian renewable energy company Pacific Hydro and Brazil's mining company Vale. The agreement formalises Vale's and Pacific Hydro's intentions ...

MCCA up 80pct, new funds on track

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Muslim Community Co-operative Australia's (MCCA) Income Fund recently surpassed $18.45 million representing 80% growth over the same period last year. The Fund is on target to deliver a very competitive second year result and performance in a particularly ...

Cost pressures spark Vanguard fee cuts

MELANIE TIMBRELL  |  TUESDAY, 19 JUN 2012
Vanguard has reduced management fees on seven wholesale investment products, in a response to the high level of marketplace price sensitivity. Robyn Laidlaw, Vanguard's head of product management said their scale made the price cut possible. "As a subsidiary ...

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
Super Stream legislation passed through the Lower House yesterday but while the government is upbeat, the superannuation industry is still wary. The measures were contained in the Superannuation Legislation Amendment (Stronger Super) Bill 2012 that ...

As many smartphones as people

ALEX DUNNIN  |  MONDAY, 18 JUN 2012
Half the Australian population is now using smartphones, a shift that is expected to ratchet up pressure on superannuation funds and wealth managers to use the emerging channel to communicate with members and distribute information. Market research ...

HSBC invests $100m in water

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
HSBC Group has announced a five-year global investment of $100 million in water following findings that by 2050 the GDP of the top 10 river basins will exceed that of the USA, Japan and Germany combined. A new report commissioned by HSBC from Frontier ...

Ponzi scheme operators plead guilty

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
Brian Wood and Jimmy Truong have pleaded guilty in the Downing Centre Local Court, in Sydney, to operating a Ponzi scheme called the Integrity Plus Fund. According to ASIC, between December 2004 and December 2007 the Integrity Plus scheme raised in ...

New ETF labels need global consistency

MELANIE TIMBRELL  |  TUESDAY, 12 JUN 2012
Moves by the Australian Securities and Investments Commission to refine labels and naming conventions for ETFs should be globally consistent to optimise investor understanding, according to State Street. While welcoming the regulator's moves to improve ...