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Showing 341 - 350 of 594 results for "MCG"

Morgan Stanley completes Orchard purchase

CLAIRE MCGREAL  |  WEDNESDAY, 18 JAN 2012
The real estate arm of Morgan Stanley has finalised the purchase of troubled funds manager Orchard Capital Investment, which also sees a number of management changes. Specialist property funds manager Orchard Capital Investment (OCIL) has around $1.1 ...

Ascalon forms second Asian partnership

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
Ascalon Capital Managers (Asia) has formed a partnership with long-short equity manager Canning Park by taking a 30% stake in the business. Headquartered in Singapore but with an office in Sydney, Canning Park invests across a total of 10 Asian markets ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

legalsuper expands investment expertise

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
The country's largest legal sector super fund legalsuper, has appointed Richard Sanajko in the newly created investment manager position. The aim of the role is to optimise the fund's investment performance with Sanajko now in charge of all operational ...

Instos set sights on Indonesian assets

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
Economic ties between Australia and Indonesia look to be strengthening with the Asian country last week joining the ASEAN-Australia-New Zealand Free Trade Agreement. The move means up to 92 % of Australia's merchandise exports will eventually be able ...

Qantas Super taps MLC for insurance

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
Qantas Super members can now avail themselves of extra voluntary insurance options through a new partnership between the fund and MLC. The options include voluntary Death and Total & Permanent Disability (TPD) cover of up to $750,000, as well as extra ...

Aussies have more faith in super: Mercer

CLAIRE MCGREAL  |  WEDNESDAY, 14 DEC 2011
Australians are the happiest they've been with the super funds since December 2008, according to new research from Mercer. The Superannuation Sentiment Index shows a nine point rise in overall "sentiment score" between December 2010 and September 2011 ...

SMSFs dominating super assets

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The peak body for SMSFs has welcomed the latest Australian Tax Office statistics which show SMSF assets have grown at twice the rate of total super industry assets in the past five years to June 30 2010. According to the "Self Managed Super Funds: a ...

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The new Industrial Relations and Financial Services Minister Bill Shorten said he's delighted his new promotion to Cabinet. Yesterday's reshuffle by the Prime Minister sees Shorten elevated to a senior ministerial position for the first time, while ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...