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Showing 5211 - 5220 of 6266 results for "DET"

UK pension and fundies to drive long-termism

MICHELLE BALTAZAR  |  WEDNESDAY, 29 JUL 2009
UK pension funds and fund managers risk falling foul of their regulators if they don't "mandate" the companies they invest in to focus on long-term shareholder value, according to the Walker Review. The review, an independent audit of corporate governance ...

Trust launches strategy review

MICHAEL HOBBS  |  THURSDAY, 23 JUL 2009
Trust chief executive and managing director, John Atkin, and a number of other executives at the firm have launched a strategic review of the business. The review was announced Bruce Corlett, chair at Trust, yesterday at the company's annual general ...

Australian Ethical closes World Trust

MICHAEL HOBBS  |  THURSDAY, 23 JUL 2009
Australian Ethical Investment has closed the firm's World Trust, redirecting investors to a similar trust that offers lower fees and requires a lower minimum investment amount. The firm said no further investments into the World Trust would be accepted ...

Best laid plan

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2009
"Don't worry, I've got a plan," Ben Bernanke, the US Federal Reserve chair, reassured the US Congress. The longer I observe the financial markets, the more confused (amused?) I get. When equities and commodities went on their upward trek starting in ...

Jumping at shadows no more

BENJAMIN ONG  |  TUESDAY, 21 JUL 2009
"War is over, if you want it, want is over now" (John Lennon) Wall Street have resumed its upward trek after tripping some weeks back as number crunchers lowered company profit expectations and the dumping of warm bodies on the unemployment heap continued ...

Macq trust sells US property

COMPANY RELEASE  |  FRIDAY, 17 JUL 2009
The Macquarie CountryWide Trust has sold 86 US based properties for a gross $1.6 billion, which represents four fifths of the trust's assets in the country. The deal, when closed, will remove $1.3 billion of US domiciled commercial mortgage backed security ...

Better insurance tech from IRESS

COMPANY RELEASE  |  THURSDAY, 16 JUL 2009
CommInsure and IRESS have unveilled a new service that includes real-time insurance premium validation and the delivery of in-force policy information to the adviser desktop. The initiative will allow advisers to confirm the premium returned by IRESS' ...

UN PRI gets tough and de-lists signatories

MICHAEL HOBBS  |  THURSDAY, 16 JUL 2009
The United Nations Principles for Responsible Investment (UN PRI) is kicking out around six signatories next month for failing to fulfill their reporting duties. James Gifford, executive director of the PRI, said the signatories would be de-listed after ...

Another dead feline bounce

BENJAMIN ONG  |  THURSDAY, 16 JUL 2009
Oh boy! Wall Street is setting itself up for disappointment round 2. Cling! Cling! With the economic environment still challenging at best and recovery in a galaxy far, far away US equities - and by extension, equities everywhere else - would be hard ...

Hong Kong cracks down on Lehman Bros

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Following last year's Lehman Brothers collapse, the Hong Kong Monetary Authority has revealed there are still 930 cases involving the failed bank still under disciplinary consideration within the Chinese state. HKMA announced last Friday that there ...