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Showing 5311 - 5320 of 8592 results for "SIM"

Industry asked for views on managed investment schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
The Corporations and Markets Advisory Committee (CAMAC) has called for submissions to a new discussion paper on the regulation of managed investment schemes (MISs). The discussion paper follows a report on the subject of MISs published by CAMAC in 2012. ...

Media Super CIO departs

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Jon Glass has left his role as chief investment officer at industry fund Media Super. The fund will not appoint a replacement for Glass, with the position of chief investment officer being absorbed into that of chief executive. Media Super chief executive ...

Industry overestimates amount needed for retirement

MARK SMITH  |  THURSDAY, 6 MAR 2014
The amount needed to fund the average retirement is much lower than the global pension industry currently estimates, research from Morningstar shows. Using US government data and a "fairly simple" market and mortality model, the investment researcher ...

Never good enough

BENJAMIN ONG  |  THURSDAY, 6 MAR 2014
Yeah, it's good but... This is the overriding verdict of the country's oft-quoted economists to the latest Australian national accounts report that showed our economy grew by a larger-than-expected 0.8% (expectations 0.7%) in the December quarter and ...

CFS outlines post-awards plans

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
Colonial First State (CFS) has revealed how it will approach a post-awards environment, including the use of advisers and targeting business bank customers. The fund management and super arm of banking giant Commonwealth Bank of Australia (CBA) has ...

Women on boards have no influence in performance

LAURA MILLAN  |  TUESDAY, 4 MAR 2014
The appointment of women in boards does not necessarily affect company performance or shareholder behaviour, research by University of New South Wales professor RenA(C)e Adams has found. Adams, who was speaking at the Platypus Asset Management Symposium ...

NZ Super sells forestry stake to iwi group

JAMES FERNYHOUGH  |  MONDAY, 3 MAR 2014
The New Zealand Superannuation Fund (NZ Super) has sold a 2.5% stake in Kaingaroa Timberlands, New Zealand's largest forestry business, to a collective of six iwi organisations. NZ Super remains the largest stakeholder in the business, with a 38.75% ...

AMP chairman to retire amid wider board changes

ALICE URIBE & AAP  |  MONDAY, 3 MAR 2014
AMP chairman Peter mason will retire after eight years in the role, to be replaced CSIRO chairman Simon McKeon. Mason's retirement is in line with AMP's board tenure guidelines. He also served as a director for more than 10 years. McKeon joined the ...

RBS posts soaring losses, pays $1m bonuses

AAP  |  FRIDAY, 28 FEB 2014
Royal Bank of Scotland's losses soared to almost STG9 billion ($A16.82 billion) last year, the state-rescued lender has announced, while its decision to pay millions in bonuses has triggered a political backlash. Net losses announced on Thursday widened ...

More to Asia than just Chindia

ALEX DUNNIN  |  THURSDAY, 27 FEB 2014
Investors focusing their Asia interest on just China and India are missing a strategic opportunity to get involved with South East Asia (SEA), a region that is just as big and growing at a similar rate. SEA comprises 14 countries located between Australia ...