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Showing 3841 - 3850 of 7106 results for "June 2023"

US tapering to harm key EM countries

LAURA MILLAN  |  MONDAY, 9 DEC 2013
The US Federal Reserve tapering of economic stimulus is likely to harm emerging market countries with vulnerable currencies. Despite a slight recovery of emerging markets in the last three months, the asset class is likely to suffer once the US tapering ...

Kinetic Super appoints director to replace Fisher

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
Kinetic Super has appointed Nancy Fox as a board director following the departure of the fund's founder, Ross Fisher, who is retiring after over 20 years. Fox will join the board as an employer representative. She has extensive board experience, including ...

Market Wrap AM

AAP  |  TUESDAY, 3 DEC 2013
The Australian market looks set to open lower following falls on international markets. At 0859 AEDT on Tuesday, the December share price index futures contract was down 29 points at 5,257. In economic news on Monday, the Reserve Bank of Australia holds ...

SMSFs double use of retail investment managers

LAURA MILLAN  |  FRIDAY, 29 NOV 2013
The number of self-managed super funds (SMSF) using retail investment managers has doubled in the last four years, according Plan for Life research. Retail investment managers who have provided a combination of investment and administration services ...

SSgA awarded VicSuper ESG mandate

ALICE URIBE  |  THURSDAY, 28 NOV 2013
VicSuper has awarded State Street Global Advisors (SSgA) an active global equities environmental, social and corporate governance (ESG) mandate worth $310 million. The mandate will invest in a portfolio of global equities that integrates ESG factors ...

ASIC concerned about PDS font size, consumer warnings

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
The Australian Securities and Investments Commission (ASIC) is concerned that some providers are adapting to the new shorter product disclosure statement (PDS) by reducing the font size and has solved the issue by establishing the minimum font size ...

SMEs to pay employees super contributions online

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
Small and medium sized businesses will be able to use the Commonwealth Bank MySuper product online administration to pay employee superannuation contributions. Commonwealth Essential Super, the bank's MySuper product, is available online via NetBank ...

QIC wins AustralianSuper US property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 20 NOV 2013
AustralianSuper has appointed direct property fund manager QIC to manage its US retail property investments. As of June 2013, AustralianSuper already had $1.1 billion in pooled investments with the Australian investment manager, which specialises in ...

Insurance profit falls 25% in 2013

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
Insurance companies' results for the twelve months to September 30, 2013, reflect the struggle that the industry is going through at the moment, with a 26.5% fall in net profit after tax in the last 12 months. The net profit after tax stood at $2.2 ...

Standard Life Inv GARS fund recommended by Lonsec

MARK SMITH  |  TUESDAY, 19 NOV 2013
Standard Life Investment's Global Absolute Return Strategies Trust (GARS) has been given a 'Recommended' rating by Lonsec. The multi-asset fund aims to deliver a positive absolute return over the medium to long-term in all market conditions. It invests ...