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Showing 411 - 420 of 440 results for "Guardian"

Future Fund posts 1.81pc first quarter loss

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
The $63 billion Future Fund's overweight allocation to cash has paid off in the first quarter of this year - losing a mere 1.81 per cent when many funds suffered double-digit losses over the same period. This result, combined with the 2007/08 year ...

NZ Super suffers $568m loss

RUTH LIEW  |  MONDAY, 29 SEP 2008
The world credit crisis has drawn blood from another victim, with New Zealand Superannuation Fund posting a loss of $568 million or 4.92 per cent for the year ended 30 June 2008. The 4.92 per cent figure was the fund's net return on investment for the ...

Future Fund is $652m richer

MICHELLE BALTAZAR  |  FRIDAY, 29 AUG 2008
Despite the credit crisis, the Future Fund comes out on top making $652 million in the year to June - but the returns may be due to prudence rather than skill. The Future Fund, excluding returns from its Telstra stake, gained 1.54 per cent or $652 million ...

Buck stops with trustees

ALEX DUNNIN  |  FRIDAY, 23 MAY 2008
... Sherry, speaking at Victorian post-Budget luncheon for the Association of Financial Advisers, said, "Trustees are a key guardian in a compulsory system. It is critical they carry out their responsibilities in accordance with current law." Senator Sherry ...

NZ Super ends Fisher Funds ties

RUTH LIEW  |  FRIDAY, 28 MAR 2008
The Guardians of New Zealand Superannuation has officially ended their investment relationship with Fisher Funds Management Limited opting to take this aspect of the portfolio direct. NZ Super appointed Fisher Funds back in December 2003 to manage an ...

Oil prices a two-way street

ALEX DUNNIN  |  MONDAY, 3 DEC 2007
... diversify their economy and prepare for the day when oil begins to run out. According to an article published in the UK Guardian and repeated in the Canberra Times, the Saudi government is each year buying A$60 billion in G7 sovereign bonds while state-owned ...

Tobacco shares up in smoke

MICHAEL HOBBS  |  TUESDAY, 23 OCT 2007
The New Zealand Superannuation Fund has stripped its portfolio of $37.6 million worth of tobacco shares after an environmental, social and governance (ESG) review of the fund's investments. The tobacco stocks represented only 0.29 per cent of the fund's ...

NZ Super Fund defends Myanmar investment

The New Zealand Superannuation Fund has come under fire from local non-government organisations (NGOs) for its shareholdings in Total S.A., a French oil company with operations in Myanmar. But the guardians of New Zealand superannuation chief executive ...

Governments lag on CSR

CHRIS NICHOLLS  |  FRIDAY, 17 AUG 2007
A new report from market research company Opinion Leaders shows investor groups are far more supportive of corporate social responsibility (CSR) than governments, especially regarding policies on carbon emissions. However, the report, which surveyed ...

The price of pain

SUZY MAC  |  MONDAY, 13 AUG 2007
... peers are trying to encourage banks, the BOE only wants those who really need the facility to use it. According to The Guardian, no UK banks were feeling enough pain to turn on the drip during Thursday's market tear-up.