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

Search Results

Showing 541 - 550 of 783 results for "Collins"

AGEST bungle isolated: BNP Paribas

BEN COLLINS  |  THURSDAY, 26 JUL 2012
French investment bank BNP Paribas has said that the miscalculation of AGEST Super returns reported yesterday was an isolated incident. AGEST Super recently wrote to affected members advising them that they have either been under or over paid - after ...

AGEST bungles returns

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
AGEST Super has written to some members advising them that they have either been under or over paid - after custodian BNP Paribas miscalculated returns. The mistake will cause approximately 5000 balances being revised down and 18,000 revised up. "We ...

Mariner calls it quits on Austock offer

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
Mariner Corporation has withdrawn its takeover offer for Austock after a "blatant attempt" to block its bid. In a statement to the Australian Stock Exchange (ASX) yesterday Mariner Corporation said that the sale of the Austock property management business ...

ESG sheds light on Sov debt crisis: AXA IM

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
Environmental, social and governance research has a role to play as Europe's sovereign debt crisis blurs the lines between the definitions of developed and developing nations, according to a global responsible investment expert. A lot of the countries ...

AMP Capital weighs up costs

BEN COLLINS  |  TUESDAY, 24 JUL 2012
AMP Capital is currently considering a cost cutting program that could see jobs cut across the funds management business. An AMP Capital spokesperson today confirmed that plans were in the works, but was unable to say if, or how many jobs would be lost ...

NGS Super moves into Qld, WA

BEN COLLINS  |  TUESDAY, 24 JUL 2012
NGS Super will increase its presence in Queensland and Western Australia, with two new business development managers hired to help drive the expansion. The fund is positioning itself to grow so it can achieve the size and economy of scale necessary ...

Alternatives beyond reach for in-house

BEN COLLINS  |  TUESDAY, 24 JUL 2012
Pension funds bringing research in house might need more staff than they think to internally manage alternative investments with any success. "One of the issues with alternatives is that the burden of due diligence is very high. At my last job we had ...

Offshore tax havens bank $32tr: report

BEN COLLINS  |  MONDAY, 23 JUL 2012
A recent report has found that ultra high net worth people around the world may be holding as much as $32 trillion in offshore tax havens, depriving governments worldwide of as much as $250bn in tax revenues every year. The report's author told the ...

Investorfirst seeks capital

BEN COLLINS  |  MONDAY, 23 JUL 2012
Investorfirst has offered shareholders a non-renouncable rights offer, as it attempts to raise capital in light of poor performance. Shareholders have been offered a one-for-one deal, at 15 cents each - with the non-aligned financial services provider ...

Babson Capital gaining traction

BEN COLLINS  |  MONDAY, 23 JUL 2012
US-based Babson Capital Management is experiencing traction in the Australian syndicated loan market through its Asia-Pacific fund. "As a house we see very good relative value in the region. Out here we generate what we believe are good returns for ...