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

Search Results

Showing 4891 - 4900 of 6884 results for "Act2"

Shareholder backlash hits Macquarie MGU

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
Western Investment LLC, a large shareholder in Macquarie Global Infrastructure Total Return Fund, has publicly criticised the fund's board of directors, claiming they are failing to act in shareholders' best interests. Western Investment (Western) is ...

Still a guessing game

BENJAMIN ONG  |  TUESDAY, 5 JUN 2012
"Confusion raining down from up high And all the time you ask yourself 'why?' Why can't you make decisions Can't make up your mind." -- Confusion, The Zutons This, Virginia, sums up the current state of the markets. With so much uncertainty around ...

"If it becomes necessary" time?

BENJAMIN ONG  |  MONDAY, 4 JUN 2012
Stop looking. There are no ifs, no ands, no ors, and no buts to find, it's getting ugly out there. Oh yes Virginia, the combed over look ugly as events and indicators of the past week suggest that we are coming into, if not already in, a perfect storm. ...

Market Wrap - Morning

AAP  |  MONDAY, 4 JUN 2012
SYDNEY - The Australian market looks set to open lower following major falls on Wall Street and European bourses on poor US jobs data and weak economic news from China and the eurozone. At 0750 AEST on Monday, the June share price index futures contract ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

CIO and COO award winners named

FINANCIAL STANDARD TEAM  |  FRIDAY, 1 JUN 2012
It is usually the chief executive that gets the spotlight, but last night the country's top chief investment officer and chief operation officer for fiduciary funds got their time in the sun. Steve Merlicek, chief investment officer of IOOF, was honoured ...

Down and out in May

BENJAMIN ONG  |  FRIDAY, 1 JUN 2012
May's over. It's done, dusted, it's obituary is written and save for the diehard bulls - and perhaps, Warren (of the "be greedy when others are fearful" fame), best forgotten. Just our luck 'ey Virginia, the euro tragedy did a replay last month, giving ...

Aus investors over-reacting on Euro fears

MELANIE TIMBRELL  |  THURSDAY, 31 MAY 2012
Australian investors are being swept up in the fear surrounding the European credit crunch, but local sentiment may be over-reacting as markets are already pricing in the worst-case scenario, according to a number of researchers. "We're more hostage ...

Government responds to proxy vote concerns

BEN COLLINS  |  FRIDAY, 25 MAY 2012
The Government has responded to stakeholder concerns regarding undirected proxy votes cast by the chair on executive remuneration resolutions. The Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 passed ...

XPLAN upgrades for goals based advice

LINDA HAUSKEN  |  FRIDAY, 25 MAY 2012
IRESS has made enhancements to its software solution XPLAN, with the aim of assisting advisers in delivering goals based advice to their clients. The recently upgraded XPLAN tool helps advisers to discuss and frame up one specific goal at a time with ...