Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 351 - 360 of 364 results for Alison Bevege

New rules on bank liquidity clarified

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
The Australian Prudential Regulation Authority (APRA) has clarified its definition of liquid assets that the banking industry must hold from 2015. In the wake of the global financial crisis, the Basel Committee on Banking Supervision (Basel Committee) ...

HESTA posts bumper January returns

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
HESTA has reported a stellar monthly investment return for January with all 11 of its options returning positive results. The stand-out performer for the leading health and community services sector fund was International Shares with a 3 per cent gain ...

Dealer groups raise stakes in portfolio mgmt

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
Dealer groups are forming deeper relationships with fewer investment managers, resulting in a surplus of managers, said Toby Potter, chairman of the Institute of Managed Account Providers (IMAP) at an industry briefing yesterday. Potter said the pool ...

Macq customised portfolio mgt makes the grade

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
Ratings agency Standard & Poor's has rated two Macquarie Customised Portfolio Management products, increasing the number of researcher-rated SMAs available to financial advisers. The research firm gave the MCPM Core Australian Equity SMA model fund ...

Untapped potential in salary sacrifice

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
Untapped potential exists for super funds to increase inflows through salary sacrifice according to an online poll conducted by REST Industry Super. The fund asked respondents whether they would be willing to sacrifice $20 per week in return for a better ...

IOOF profits surge 22 pc

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
IOOF Holdings has announced a stellar half-yearly net profit result, rising 21.68 per cent or $8.36 million to $46.92 million for the six months to December. The company's underlying NPAT, which takes into account accounting adjustments, rose 16 per ...

Performance fees more popular: Morningstar

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
The lure of performance fees harks back to ancient Phoenician sea captains who kept a fifth of the profits from successful voyages, a piece of history invoked by Alfred Winslow Jones, inventor of hedge funds, when he took 20 per cent of the profits. ...

GFC hangover hits Perpetual profit

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
A goodwill write-down from a pre-GFC purchase helped drag down wealth manager Perpetual's first-half profits by 29 per cent year-on-year to $35 million for the six months to December. The $10.6 million goodwill write-down comes from their 2008 purchase ...

AE large cap lagging index: Morningstar

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
Large-cap Australian share fund managers had a difficult 2010 with most failing to beat even very modest index returns, Morningstar announced in its latest sector wrap. The research house found the average large-cap Australian share fund manager underperformed ...

Countplus float buoys half-year profits

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
Financial planning group Count Financial has more than doubled its net profit for the half-year to December thanks to the recent float of Countplus, it announced today. Count Financial's net profit after tax (NPAT) grew by 212 per cent on the previous ...