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Showing 3421 - 3430 of 4543 results for "Michael"

We need a fairness test: ASIC

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The lack of a fairness test governing how financial institutions treat their customers has resulted in excessive compliance rules that don't always work, said Jeremy Cooper, deputy chairman of the Australian Securities and Investments Commission (ASIC). ...

VISSF turns 50

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The Victorian Independent Schools Superannuation Fund (VISSF) is celebrating 50 years of providing financial retirement services to its members. VISSF was set up in 1958, long before superannuation became a standard employment requirement. It formed ...

Garvan FP practice gains SAI approval

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
Garvan licensed financial planning practice, Finance Control was awarded the SAI Global backed, Financial Planning 9000 standard, a benchmark for quality administration and business management. The Financial Planning 9000 - Quality Management for Financial ...

LGSS buys Batemans Bay shops

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The NSW Local Government Super Scheme (LGSS) purchased two Batemans Bay based shopping centres worth more than $90 million. Peter Lambert, LGSS chief executive, said the super fund bought the adjacent shopping centres from Stockland for less than the ...

Astarra opens to retail investors

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Astarra Funds Management's balanced, conservative and growth multi manager funds are now available to retail investors for the first time in more than a decade. All three diversified funds have all been ranked in the top quartile over one, three, five ...

Plan Protect buys boutique firm

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
AXA financial planning representative, Plan Protect purchased Sydney CBD based financial planning practice, Bearsden Holdings, boosting its funds under advice to more than $200 million. Bearsden Holdings comprises of two financial planners including ...

Treasury's FUM hit by value managers

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Treasury Group's total funds under management at the end of June dropped more than 13 per cent to $12.4 billion as a result of two value managers suffering significant outflows. Investors Mutual' (IML) funds under management fell more than $1.8 billion ...

Northern Trust gains $1bn custody mandate

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
US based fund administrator and custodian, Northern Trust has been selected to provide fund administration services to BH Global, a feeder fund worth more than $1 billion. BH Global only invests in the Brevan Howard Global Opportunities Master Fund ...

CFS GAM rides $1bn infra wave

MICHAEL HOBBS  |  WEDNESDAY, 16 JUL 2008
Colonial First State Global Asset Management (CFS GAM) remains bullish on domestic and international unlisted infrastructure assets after attracting approximately $1 billion in new infrastructure mandates in nine months. Although the firm would not ...

S&P awards hotel fund 'three stars'

MICHAEL HOBBS  |  WEDNESDAY, 16 JUL 2008
Research and ratings firm, Standard & Poor's awarded the unlisted property fund, Abacus Hospitality Fund a 'three star' rating. Investment in the Abacus Hospitality Fund consists of units in the Abacus Hospitality Trust, which is 'stapled' to shares ...