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Showing 371 - 380 of 1700 results for Michael Hobbs

Credit Suisse launches all-round fund

MICHAEL HOBBS  |  FRIDAY, 11 SEP 2009
Credit Suisse is ticking all the boxes for financial planning clients looking to re-enter investment markets with a capital protection product that provides exposure to Australian shares, resources stocks and Chinese securities. The Credit Suisse Performance ...

FTSE and ASFA set after-tax world alight

MICHAEL HOBBS  |  THURSDAY, 10 SEP 2009
Index provider FTSE and the Association of Superannuation Funds of Australia (ASFA) have created a series of indices that will, for the first time, compare fund manager performance on an after-tax basis, following calls from super fund trustees that ...

Westpac moves to wholly own Ascalon

MICHAEL HOBBS  |  THURSDAY, 10 SEP 2009
Westpac Group has bought Kaplan Equity's 50 per cent stake in Ascalon Capital Managers to wholly own the boutique incubator. Westpac Group said it had reached an in-principle agreement with Kaplan Equity in a transaction that is expected to be completed ...

SRI super option blitzes market

MICHAEL HOBBS  |  WEDNESDAY, 9 SEP 2009
AustralianSuper's Australian Sustainable Shares option has posted a net return of more than 26 per cent over the six months to June, more than double the fund's Australian shares option. The super fund's six-month investment summary, which is stated ...

Apostle adds Cramer Rosenthal McGlynn to suite

MICHAEL HOBBS  |  WEDNESDAY, 9 SEP 2009
Apostle Asset Management has added US-based Cramer Rosenthal McGlynn, a global core investment manager with a value bias, to its stable for local institutional clients. The New York-based relative value manager was founded in 1973 and manages more than ...

Revamp member education: Ezra

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Super fund member education needs to be overhauled and focus on basic financial concepts instead of investment theories, said Don Ezra, co-chair, global consulting at Russell Investments. Ezra said pension funds across the world are teaching their members ...

Promnitz joins IFSA board

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Peter Promnitz, chief executive at Mercer (Australia) and region head of Asia Pacific Mercer, has joined the Investment & Financial Services Association (IFSA) as a director. He replaces Jeremy Duffield, who resigned from the association's board to ...

Lucky country

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Australian superannuation and sovereign fund assets grew over 14 per cent p.a. in local currency terms in the past five years, posting the highest growth in assets than any other country, research shows. The Watson Wyatt and Pensions & Investments research ...

TOWER nabs $600m AustralianSuper deal

MICHAEL HOBBS  |  MONDAY, 7 SEP 2009
TOWER has secured a $600 million insurance deal with AustralianSuper, the country's largest super fund - and the insurer's winning tender could spur the biggest shake-up in the sector this year. The deal, the largest in Australia this year with an annual ...

Govt announces short selling disclosure timeline

MICHAEL HOBBS  |  MONDAY, 7 SEP 2009
The federal government expects to release short selling disclosure requirements in the next month, eight months after the government passed the Bill. A spokesperson for Chris Bowen, minister for financial services, superannuation and corporate law ...