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Showing 361 - 370 of 702 results for "Tasman"

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
John Gay, the former chairman of forestry company Gunns Limited, has pleaded guilty to insider trading. In December 2009, Gay sold 3.4 million shares in Gunns when he had inside information that the company's was faring poorly. When the company's half-year ...

Market Wrap AM

AAP  |  WEDNESDAY, 31 JUL 2013
... central bank governor indicated he may cut rates to revive a flagging economy, driving up the kiwi dollar against its trans-Tasman counterpart and weighing on companies exposed to that economy. The NZX 50 index fell 27.89 points, or 0.6 per cent, to ...

Goldman Sachs AM builds up third party distribution team

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
Goldman Sachs Asset Manager (GSAM) has appointed Sam Besley as key account manager of its third party distribution business. Besley will be based in Melbourne and will manage adviser relationships within Victoria and Tasmania. He will report to GSAM ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements. Under the trans-Tasman portability arrangements which came into effect ...

Super board quality compromised over pay rates

ALICE URIBE  |  FRIDAY, 19 JUL 2013
The level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton. Speaking as part of a panel at The Economist Bellwether 2013 Australian Forum in Sydney this ...

Market Wrap AM

AAP  |  THURSDAY, 20 JUN 2013
... indicator for May is due out. Telstra chief executive David Thodey is scheduled to deliver the keynote address at the Trans-Tasman Business Circle function in Sydney. No major equities news is expected. In Australia, the market on Wednesday gained ground ...

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations. The new authorisations are AUSCOAL, Australian Meat ...

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
... the New Zealand Kiwisaver scheme and Australian Prudential Regulation Authority (APRA) regulated super funds. The Trans-Tasman Portability Scheme marks the first time the Australian authorities have allowed rollovers between overseas pension funds. While ...

Morphic global equities fund reaches $25m

LAURA MILLAN  |  TUESDAY, 28 MAY 2013
... Addressed at first to Australian investors, the fund has just been made available to New Zealand investors under the trans-Tasman mutual recognition scheme. Relevant documents have now been lodged with the New Zealand Companies Office, fund manager Jack ...

Melbourne-based BDM joins Morningstar

STAFF WRITER  |  MONDAY, 20 MAY 2013
Morningstar Australasia has appointed Guy Callaghan as Melbourne-based business development manager to further enhance the firm's sales and client relationship management efforts. "We're working with an increasing number of dealer groups, brokers, institutions ...