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Showing 4191 - 4200 of 5511 results for "September 2008"

Cbus invests in direct property

MICHELLE BALTAZAR  |  MONDAY, 9 FEB 2009
Cbus pumps much needed funds into direct property following a partnership deal with investment manager DEXUS to develop an office tower in Sydney. Cbus Property, a wholly-owned subsidiary of industry super fund Cbus, has acquired a one-third interest ...

Telstra Super members gain rebate

MICHAEL HOBBS  |  FRIDAY, 6 FEB 2009
Almost 30,000 Telstra Super members will receive a rebate on their group insurance premiums after lower than expected claim levels with the fund's insurer, TOWER Australia over the past three years. Telstra Super's deal with TOWER Australia means the ...

Darkest before dawn

BENJAMIN ONG  |  MONDAY, 2 FEB 2009
Well now, there we have it. If the January effect holds, US equity investors and the rest of us should all go on vacation and come back next year. The January effect postulates that the US stock market's performance for the entire month of January predicts ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
No prize for guessing but which G-7 country is suffering a worse hangover than the US? Clue: Its name also starts with the word United. In its latest World Economic Outlook report, the International Monetary Fund (IMF) predicted that global growth would ...

Bigger fish to fry

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2009
Inflation is coming back down all over the world. The trend in consumer prices in Australia will be no different. At 11:30 AM this morning, the Australian Bureau of Statistics (ABS) will release data showing how consumer prices fared in the December ...

VFMC restructures investment teams

RUTH LIEW  |  WEDNESDAY, 21 JAN 2009
The $36 billion Victorian Funds Management Corporation (VFMC) is combining its quantitative and equities team into a single entity as part of a sweeping reorganisation of the fund. VFMC chief executive and director Sydney Bone said the group is "reorganising ...

Magellan Global tops overseas shares manager list

MICHELLE BALTAZAR  |  TUESDAY, 20 JAN 2009
In a market that fell by as much as 50 per cent last year, Magellan Global bucked the trend by posting a 1.3 per cent loss, pushing it to the top of the league tables of overseas shares managers for 2008. As a fund manager that has only been around ...

LGSS fixes pricing error

RUTH LIEW  |  TUESDAY, 20 JAN 2009
The Local Government Superannuation Scheme has addressed a unit pricing error that occured in the September quarter last year, according to a fund statement. LGSS issued a statement in December noting that there had been a tax error that occurred with ...

Mercer ups ante in corporate super

MICHELLE BALTAZAR  |  MONDAY, 19 JAN 2009
The $12 billion Mercer Super Trust recruits a top sales exec from Russell and revamps its employer and member-related services to maintain its top spot in the ultra-competitive corporate trust sector. Last year, Plan for Life reported that the Mercer ...

BGI appoints CIO

COMPANY RELEASE  |  FRIDAY, 16 JAN 2009
Barclays Global Investors' Australian chief executive, Morry Waked, has been promoted to chief investment officer and global head for BGI's global active equity business. Waked has handed over his responsibilities for Australia although he retains his ...