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Showing 351 - 360 of 662 results for Michelle Baltazar

Future Fund trumps market, but only just

MICHELLE BALTAZAR  |  TUESDAY, 20 OCT 2009
The $64 billion Future Fund returned 5.6 per cent (ex-Telstra) in the latest quarter, marginally more than what was delivered by asset sector benchmarks. A June quarter versus September quarter analysis of the numbers shed some light on how the fund's ...

Gulf wealth to engulf stockmarkets

MICHELLE BALTAZAR  |  TUESDAY, 20 OCT 2009
The Gulf region stands to destabilise global asset prices depending on how it redeploys its investment capital, after new data found the value of the Gulf Cooperation Council (GCC) oil and gas reserves could be as much as $40 trillion - worth more than ...

Trustee board shake-up overdue

MICHELLE BALTAZAR  |  MONDAY, 19 OCT 2009
The way super funds appoint their trustee boards and disclose boardroom decisions such as investment strategy and pay are starting to look out-of-date and out-of-touch as more super funds become open to the public, said a superannuation expert. Liz ...

CalPERS reviews US$50m fees to placement agent

MICHELLE BALTAZAR  |  FRIDAY, 16 OCT 2009
The largest public pension fund in the US, CalPERS, is to investigate "success fees" paid to placement agents by its external fund managers after a disclosure report found more than US$50 million in fees were paid to a placement agency ran by a former ...

Prevention better than the cure: Asteron

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
Life insurer Asteron spearheads a new preventative healthcare program that aims to slash the cost of insurance to the average Australian and finally put a stop to insurance being seen as a 'grudge expense'. Yesterday the group launched an online customer ...

SuperChoice signs TOWER super

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
TOWER Australia joins a growing list of corporate super fund providers that have switched from doing choice-of-fund admin internally to outsourcing the role to clearinghouse specialist, SuperChoice. Under the deal, SuperChoice will handle contributions ...

AIOFP elects new board for PCM

MICHELLE BALTAZAR  |  TUESDAY, 13 OCT 2009
Members of the Association of Independently-Owned Financial Planners (AIOFP) have elected a new board to oversee its product manufacturing arm, Personal Choice Management, ahead of a bidding war on which platforms will manage around $4 billion of fund ...

Thin line between values and money

MICHELLE BALTAZAR  |  MONDAY, 12 OCT 2009
Online tools are now available that can help financial planners find out their client's core values and use that information to design a financial plan that is realistic in the long run. Speaking at an adviser conference last week, financial adviser ...

ING to guarantee money for life

MICHELLE BALTAZAR  |  THURSDAY, 8 OCT 2009
ING Australia has launched MoneyForLife, a new retirement income product that promises to banish investor concerns of ever outliving their savings. For a minimum investment of $50,000, anyone from age 18 to 85 can access the product. Depending on the ...

Britten to head BlackRock Global Investors in Aus

MICHELLE BALTAZAR  |  THURSDAY, 1 OCT 2009
Will Britten, the chief executive of BGI's local arm, will take over the reins at the soon-to-merge $44 billion-plus fund manager, BlackRock Global Investors in Australia, with BlackRock Australia chief executive, Maurice O'Shannassy, leaving the firm. ...