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Showing 461 - 470 of 1700 results for Michael Hobbs

Amnesty highlights Shell governance shortfall

MICHAEL HOBBS  |  MONDAY, 6 JUL 2009
The Royal Dutch/Shell Group is under fire from a human rights group for not disclosing key information around its operations in the Niger Delta - potentially exposing fund managers to unknown corporate governance issues. The Amnesty International letter ...

Hedge funds on a refund policy

MICHAEL HOBBS  |  FRIDAY, 3 JUL 2009
Hedge fund investors are developing new fee structures around long-term performance - putting in place a "refund" clause if the hedge manager underperforms. The latest State Street Vision report on the sector found hedge fund investors are developing ...

AUSTRAC to probe anti-money laundering breaches

MICHAEL HOBBS  |  THURSDAY, 2 JUL 2009
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has accepted enforceable undertakings from Barclays Bank PLC and Mega International Commercial Bank Co for breaching anti-money laundering and counter terrorism laws. An AUSTRAC statement ...

NY fund blacklists Gazprom and Petrobras

MICHAEL HOBBS  |  THURSDAY, 2 JUL 2009
The New York State Common Retirement Fund has pulled out $100 million of the fund's investments in nine companies including Gazprom, Oil & Natural Gas Corp and Petrobras on the back of a genocide report. The New York State comptroller, Thomas DiNapoli ...

Suncorp names CEO

MICHAEL HOBBS  |  WEDNESDAY, 1 JUL 2009
Suncorp has appointed a former top executive at Aviva plc, Patrick Snowball, as its new chief executive, five months after John Mulcahy stepped down from the role. Prior to joining the firm, Snowball worked at Aviva plc for seven years, holding a number ...

ETFs won't phase out index funds: Bowerman

MICHAEL HOBBS  |  WEDNESDAY, 1 JUL 2009
The growth of exchange traded funds (ETFs) will not undermine the growth of traditional index fund products, according to Vanguard Investments. Vanguard Investments launched the firm's ETFs suite to the market in May as a way for investors to get access ...

Russell overhauls diversified funds

MICHAEL HOBBS  |  TUESDAY, 30 JUN 2009
Russell Investments has revamped the firm's diversified funds, widening its investment ranges for equities and property as part of a move to a 'high conviction' investment approach. Andrew Pease, investment strategist at Russell Investments, said the ...

Soc Gén named best SRI brokerage firm: survey

MICHAEL HOBBS  |  TUESDAY, 30 JUN 2009
SociA(C)tA(C) GA(C)nA(C)rale, UBS and CrA(C)dit Agricole Cheuvreux have topped the list of broker firms for the work on socially responsible investment and sustainability research. The annual Thomson Reuters Extel Survey, which polled more than 1,400 ...

Dixon action on Premium gains momentum

MICHAEL HOBBS  |  MONDAY, 29 JUN 2009
Alan Dixon, Dixon Advisory and Superannuation Services chief executive, said the firm's call to change how Premium Investors operates has the support of many of the listed investment company's shareholders. The financial planning firm requested a general ...

Rev mortgage guide "out of date": RBS

MICHAEL HOBBS  |  FRIDAY, 26 JUN 2009
The Royal Bank of Scotland (RBS) has criticised a reverse mortgage report - citing it contains case studies that are out of date. The Australian Securities and Investments Commission (ASIC) and Paul Clitheroe led Australian Government Financial Literacy ...