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Showing 4221 - 4230 of 5923 results for "March 27"

ESI Super overhauls $800m Aus equities portfolio

RUTH LIEW  |  THURSDAY, 29 JUL 2010
ESI Super has terminated a major Australian equities mandate with QIC and appointed five new managers to the asset class following a restructure of its $800 million Australian equities portfolio. Balanced Equity Management which received $200 million ...

BTIM hires new portfolio manager, Swift departs

MICHAEL HOBBS  |  THURSDAY, 29 JUL 2010
BT Investment Management (BTIM) completes the restructure of its multi-strategies business with the appointment of a new senior portfolio manager for the diversified funds while Robert Swift's role as head of multi-strategies has been made redundant. ...

Inflation no show

BENJAMIN ONG  |  THURSDAY, 29 JUL 2010
RBA no go. This is the financial markets' collective verdict following yesterday's surprisingly lower-than-expected Australian inflation figures. I don't know about you but is central banking and monetary policy really as simple as this? I remember ...

ESI Super and SPEC Super confirm merger

PRESS RELEASE  |  MONDAY, 26 JUL 2010
ESI Super and SPEC Super have agreed to merge and create a $3.4 billion fund. The merger was flagged in April this year and is expected to be completed by March next year. The decision follows Corrs Chambers Westgarth, Minter Ellison and KPMG completing ...

Custom Solutions flows double in June qtr

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
Flows to Commonwealth Bank's Custom Solutions platforms, which includes FirstWrap, more than doubled to $114 million during the June quarter. The bank's June quarter report found its Custom Solutions platforms attracted an extra $64 million during the ...

APRA proposals could deter overseas firms: AXA

MICHAEL HOBBS AND RUTH LIEW  |  FRIDAY, 23 JUL 2010
AXA Asia Pacific chief executive, Andrew Penn, has warned regulatory proposals from the Australian Prudential Regulation Authority (APRA) could stifle Australia's potential to become a regional financial hub. Speaking at the American Chamber of Commerce ...

Frozen fund investors get $36m settlement

COMMERCE COMMISSION RELEASE  |  THURSDAY, 22 JUL 2010
New Zealand investors in two frozen funds by ANZ and ING (NZ) stand to benefit from a $36 million (NZ$45 million) settlement fund arranged by the regulator after both funds breached marketing material compliance rules. In its largest monetary settlement ...

Insurers post double-digit growth

RUTH LIEW  |  TUESDAY, 20 JUL 2010
AMP, National Australia/MLC and Tower were among the insurers that reported double digit percentage growth in risk premium inflows last year - but overall sales in the risk market has slumped, research shows. According to Plan for Life, Australia's ...

SSgA cuts securities lending on fixed income funds

RUTH LIEW  |  TUESDAY, 20 JUL 2010
State Street Global Advisors has discontinued its securities lending program for a range of UCITS fixed income funds. SSgA, a prominent securities lender, announced on the Irish Stock Exchange last week that it had stopped its securities lending program ...

Been there, done that

BENJAMIN ONG  |  TUESDAY, 20 JUL 2010
Wall Street's weekend may have done it some good. It left pondering the tug o' war between good company profit results and negative economic data. The Street didn't like what it saw. Investors sold... heavily. Wall Street returned last night, still ...