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Showing 411 - 420 of 586 results for "CIV"

ANZ faces mis-selling allegations in court

ALEX BURKE  |  THURSDAY, 4 AUG 2016
The Administrative and Equal Opportunity Division of the Civil and Administrative Tribunal of New South Wales has allowed a case against ANZ and OnePath for mis-selling a life insurance product to proceed. Charles and Judith Cairns, New Zealand citizens ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
Australia's foreign reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased ...

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
"As a historian, I fear that Brexit could be the beginning of the destruction of not only the EU but also of western political civilization in its entirety." -Donald Tusk, President of the European Council I thought he went over the top and got carried ...

Chinese and Dutch investment giants explore long-term alliance

ALEX BURKE  |  TUESDAY, 28 JUN 2016
One of China's largest asset managers and the in-house investment manager for the Netherlands' $500 billion National Civil Pension Fund (ABP) are in discussions to form a long-term strategic alliance. APG manages assets for ABP, which is the Netherlands' ...

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
'Brexit', the worry du jour and the epic horror movie of our time that's coming soon, very soon to a theatre near us. With only four sleeps to go before the Brits vote to leave or remain in the European Union this coming Thursday (23 June), the UK remains ...

EQT appoints former executive as senior manager

MARK SMITH  |  FRIDAY, 10 JUN 2016
... mix of international perspective and local experience, which is particularly important with the introduction of AMITs and CIV's in the Australian context, and the opportunities they present to our Australian and global clients," Harvey Kalman, executive ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
Five former executives of MFS Investment Management (MFSIM), now known as ACN, have been found liable for breaching their directors' and officers' duties by the Supreme Court of Queensland. The MFS Group, subsequantly known as Octaviar, collapsed in ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
... introduced in the budget will allow foreign investors to pool funds to be managed by an Australian funds manager. A corporate CIV will be introduced on or after 1 July 2017, and a limited partnership CIV will be introduced on 1 July 2018. In order to ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
In light of news about a potential Royal Commission, former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis. The lawsuit tops CalPERS' US$125 million ...