Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 421 - 430 of 473 results for "Article 50"

Super is a good idea but needs fixing

ALEX DUNNIN  |  TUESDAY, 16 JUN 2009
Superannuation is a good idea but the design of the system to implement it is regressive and flawed, argues Julian Disney, social justice law professor and long time researcher and campaigner on equity issues. Disney said the difficulty is that while ...

CORRECTION: Aberdeen takes on 30 Credit Suisse staff

RUTH LIEW  |  FRIDAY, 1 MAY 2009
Aberdeen has recruited 30 staff from Credit Suisse and approximately $13 billion in assets under management after the acquisition of certain assets and business of Cerdit Suisse's Global Investors division. Aberdeen said it is bringing over 30 Credit ...

OneAnswer FUM fall 20 pc

MICHAEL HOBBS  |  WEDNESDAY, 29 APR 2009
ING Australia's flagship OneAnswer platform funds under management (FUM) fell by 20 per cent or around $3.7 billion to $14.2 billion over a six month period to March, according to ANZ's half year profit report. ING Australia posted a $47 million half-year ...

CORRECTION: FT loses international prop manager

MICHAEL HOBBS  |  FRIDAY, 3 APR 2009
Franklin Templeton Investments' international property co-portfolio manager, Boris Pialloux, has left the firm prompting S&P Fund Services to place its three-star ratings Franklin International Property Fund and Property Income Fund on hold. Global ...

UPDATE: Prime Super drops $14m mandate

RUTH LIEW  |  FRIDAY, 3 APR 2009
The $872 million Prime Super has reduced its property mandate with Lend Lease, holding on to a $20 million mandate while withdrawing $14 million to find other investment opportunities. "Prime Super has considered selling secondary units from Lend Lease's ...

S&P withdraws two UBS ratings

MICHAEL HOBBS  |  FRIDAY, 27 MAR 2009
Standard & Poor's has withdrawn the ratings of UBS Global Asset Management's (Australia) global infrastructure securities and credit enhanced cash funds after the institution terminated both funds. According to Standard & Poor's, the UBS Credit Enhanced ...

Doors open for new ETFs

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
Barclays' decision to place its leading exchange traded funds (ETFs) business, iShares, up for sale has the potential to change the sector's dynamic and lower the barrier to new entrants. The company has released a brief statement overnight confirming ...

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
'Under these circumstances, it's hard to understand how derivative traders at A.I.G. warranted any bonuses at all, much less US$165 million in extra pay. How do they justify this outrage to the taxpayers who are keeping the company afloat?' US President ...

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
'Job losses worst for 18 years' (AFR). 'Australian Jobless Rate Climbs to 4-Year High of 5.2%' (Bloomberg). Boy oh boy, here we go again. Each time Australia's job numbers are updated, we get the media's display of their masochistic tendencies. We are ...

Martin Currie rakes $500m and growing

MICHELLE BALTAZAR  |  THURSDAY, 5 MAR 2009
Scottish fund manager Martin Currie couldn't have picked the worst time to set up an Australian base but that hasn't stopped them from winning $500 million in new mandates thanks to the track record of their global alpha strategy. In the middle of the ...