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Showing 5461 - 5470 of 10556 results for "BEI"

Instos to increase alternative strategies

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
Illiquid and alternative asset strategies will only increase across the institutional investment market in 2016 according to latest reports from BlackRock and Willis Towers Watson. A BlackRock survey of more than 170 of the firm's largest institutional ...

Treasury revises cost of super tax concessions

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The estimated cost of superannuation tax concessions to the federal government this year has been revised down by about $4 billion according to the latest Treasury figures. Treasury released its 2015 Tax Expenditures Statement (TES) on Friday and showed ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has launched a campaign for defined benefit pensioners who received a shock in their first 2016 Age Pension payment. On behalf of DB pensioners CPSA is proposing to write to federal Treasurer ...

Investors can expect "reasonable" year despite gloom

MARK SMITH  |  FRIDAY, 29 JAN 2016
The economy will grow at 2.75%, shares will return high single digits and bonds look better than term deposits. That's the combined opinions of renowned Australian economist Don Stammer and Altius Asset Management chief investment officer Bill Bovingdon ...

Hedge funds up 2.4% in 2015

ALEX BURKE  |  THURSDAY, 28 JAN 2016
Globally hedge funds were up 2.4% net of fees in 2015, according to Alternative Investment Management Association (AIMA) research. AIMA's research is based on the hedge funds that reported performance to HedgeFund Intelligence in 2015, accounting for ...

Now is the time to accommodate the sellers

MARK SMITH  |  THURSDAY, 28 JAN 2016
One of the best paths to investment success is to accommodate the market; buy when others are desperate to sell and sell when investors are buying irrationally. That's the investment mantra of Jonathan Bell Lovelace, the founder of Capital Group, one ...

Legg Mason makes three acquisitions

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
It is expected 2016 will see mergers and acquisitions intensify and global asset manager Legg Mason has already jumped on board, recently making three major announcements. From its Baltimore offices Legg Mason announced it will acquire a majority equity ...

ANZ rolls out new executive team

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
New ANZ chief executive Shayne Elliott has made several changes to the bank's senior leadership team and outlined priorities that include being Australia's "only true regional bank" and building a "strong, cohesive culture known for ethics, values and ...

Half of financial services to divest: EY

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
Fifty-six per cent of financial services companies expect to execute a divestment within the next two years and 43% are likely to divest this year according to an EY global survey. The survey of more than 1000 company executives also showed 53% of financial ...

NAB shareholders vote for UK exit

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
NAB shareholders have voted overwhelmingly in favour of the bank's demerger with Clydesdale in the UK. At the bank's scheme meeting today in Melbourne, NAB group chair Dr. Ken Henry explained the demerger would be structured with a new holding company ...