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Showing 3351 - 3360 of 5917 results for "March 22"

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
The Australian Securities and Investments Commission (ASIC) has been "far too slow to act" on misconduct in the financial services industry, Nationals senator John Williams told Financial Standard. Yesterday Williams introduced a motion into Parliament ...

The great unwind

BENJAMIN ONG  |  FRIDAY, 21 JUN 2013
"...And then I go and spoil it all by sayin' something stupid like 'we'll taper soon'." Sorry to spoil your immortal classic Frank (Sinatra) but "I love you" just doesn't apply to Ben Bernanke right now. Not with the trashing the equity markets, the ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
I beg your pardon, but was that it? Was that the song we've waited all this time for Big Benny to sing? The song remains the same to me. The same tune Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one ...

IFM mulls Asia office

ALICE URIBE  |  TUESDAY, 18 JUN 2013
Melbourne-based global manager Industry Funds Management (IFM) could set up a sales distribution office in Asia later this year as part of a strategy to raise capital from the region's large pension funds. IFM chief executive Brett Himbury told Financial ...

Zurich awards Presima global REIT mandate

MARK SMITH  |  MONDAY, 17 JUN 2013
Montreal-based global listed real estate boutique fund manager Presima has been awarded a $63 million mandate by Zurich Financial Services Australia (Zurich). Presima chief executive Peter Zabierek said he was extremely pleased Presima would be managing ...

Retail managed funds' fortune set to slide

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
Retail managed funds grew by 4.5% in the March quarter, but this growth is likely to be undone by a poor June quarter, according to figures released by Plan For Life Actuaries & Researchers. Overall retail managed funds grew by $24 billion in the first ...

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The launch of the ASX Managed Funds Service (AMFS) - informally known as AQUA II - may be on the horizon following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). Widely seen as an alternative to big ...

CIO confidence slumps to nine-month low

MARK SMITH  |  FRIDAY, 14 JUN 2013
Chief investment officer (CIO) confidence levels have fallen to levels last seen in September 2012, according to the Financial Services Council (FSC)'s latest Chief Investment Officer Index. In the June quarter, the index stood at seven from a range ...

FUM breaks through pre-GFC barrier

ALICE URIBE  |  THURSDAY, 13 JUN 2013
It's taken five long years but Australia's funds under management (FUM) market has finally recovered all the FUM that was lost during the global financial crisis. Research released by the Rainmaker group in their March 2013 Roundup report reveals the ...

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices. Publicly listed companies Babcock & Wilcox, Fluor ...