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CEOs pay steady despite GFC

COMPANY RELEASE  |  TUESDAY, 29 SEP 2009
... financial services firms, came out relatively unscathed from the GFC. As the global financial crisis began in 2008 the average Top 100 company CEO in Australia saw their base pay increase 6.2 percent to $1.95 million, according to new research from the ...

Aus custody back on uptrend, NCS still tops

ACSA RELEASE  |  MONDAY, 28 SEP 2009
... custody rose by 1.83 per cent over the past six months to 30 June 2009 with National Custodian, J.P. Morgan and BNP Paribas the top three in market share - versus a fall of 2.68 per cent in local assets held in the half-year previous. Meanwhile, J.P. ...

Walter Scott tops S&P review

COMPANY RELEASE  |  FRIDAY, 25 SEP 2009
Walter Scott earns the top gong in the latest S&P review on the international equities growth funds sector. S&P Fund Services yesterday released the first ratings in its international equities sector review, issuing 13 fund ratings in the growth peer ...

SMSFs snap up blue chip shares

RUTH LIEW  |  FRIDAY, 25 SEP 2009
Self-managed super fund trustees are now placing blue chip shares on the top of their buying list after brushing off last year's market carnage, research shows. With markets on an upward trajectory and investor sentiment turning towards the positive ...

BlackRock tops multi-sector review

COMPANY RELEASE  |  WEDNESDAY, 23 SEP 2009
BlackRock is the only fund manager to be assigned a 'five star' rating from Standard & Poor's multi-sector group. The five star rating applies to the BlackRock Wholesale Balanced fund, BlackRock High Growth fund Class D, BlackRock Conservative fund ...

Streamline super concessions to boost contributions

ALEX DUNNIN  |  WEDNESDAY, 23 SEP 2009
... unfair and skewed to the highest income earners," said ISN in a statement. For example, they explained that someone on the top marginal tax rate receives tax concession of $350 for every $1000 they contribute to super compared to low income earners who ...

New era at Aberdeen

MICHAEL HOBBS  |  MONDAY, 21 SEP 2009
... businesses." Aberdeen traditionally had a bottom-up approach to fixed income, which was enhanced to include Credit Suisse's top-down strategy and vice versa. Standard & Poor's Fund Services placed two of their fixed interest funds 'on hold' as a result ...

Market Wrap - Morning

AAP  |  MONDAY, 21 SEP 2009
... Seng Index declined 145.06 points, or 0.67 per cent, to 21,623.45. WELLINGTON - Fletcher Building passed Telecom to become top stock on the New Zealand sharemarket on Friday and trading in the two stocks provided about half the turnover by value. The ...

Industry awards top hedge funds in 2009

MICHELLE BALTAZAR  |  FRIDAY, 18 SEP 2009
It was standing room only at last night's Australian Hedge Fund Industry Awards, an event that recognised the country's top-performing hedge funds while raising money for children's cancer charity, Cure Our Kids. Taking the top award as Australian Hedge ...

Cbus and ARIA looking to hire

RUTH LIEW  |  FRIDAY, 18 SEP 2009
The search for top talent in the superannuation industry continues with Cbus looking for a new executive manager for superannuation policy and ARIA searching for a senior investment operations analyst. The $13 billion Cbus wants to hire an executive ...