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Showing 5731 - 5740 of 6884 results for "Act2"

One in six DB funds in trouble: APRA

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
APRA has revealed that last year 15.9 per cent of defined benefit (DB) superannuation funds were in an "unsatisfactory financial position" and that things are now likely to be worse. "APRA's survey of all defined benefit and hybrid superannuation funds ...

Top 10 budget quotes

Financial Standard sifts through a record haul of budget commentary to highlight the industry's thinking on the government's budget announcement last night. "Commonsense has prevailed with the non-concessional contribution cap remaining unchanged." ...

Thrift is the new cool: K2

MICHELLE BALTAZAR  |  TUESDAY, 12 MAY 2009
From high-speed railway to high-tech alarms, fund manager K2 Asset Management banks on stocks that will flourish in the face of a global recession. Nick Griffin, the group's head of international strategy, said that investors should tap into mega-trends ...

Australian RMBS gains appeal

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Ultra high net worth investors in Australia are starting to wade back into the Australian Residential Mortgage-Backed Securities (RMBS) market, according to Merrill Lynch. Chris Selby, head of Merrill Lynch Global Wealth Management in Australia, has ...

Kofoed leaves ESSSuper

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
Don Kofoed, chief executive of the $14.6 billion Emergency Services & State Super, has resigned due to ill health. ESSSuper said in a media statement that Kofoed's resignation was accepted by the Board of ESSSuper, with understanding but with great ...

ING IM backs Asian bonds

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
Bond managers may need to review their allocation to Asian debt after ING Investment Management research found the region's bonds present better value than many developed countries. Research conducted by the firm found debt issued by Asian countries ...

Local Govt Super overhauls intl eq, Aus equities next

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Local Government Super (LGS) has changed the manager line up of its $990 million international equities portfolio to suit a "core and satellite" approach, and it plans to do the same with its $1 billion Australian equities portfolio next. Peter Lambert ...

Fee disclosure for intermediaries: CalPERS

RUTH LIEW  |  MONDAY, 11 MAY 2009
The $230 billion CalPERS is forging ahead with its investment transparency overhaul when it proposed a new policy for the disclosure of "placement agents" brokering new business and fees paid to them. A key committee of the California Public Employees' ...

Instos search for cash alternatives

MICHAEL HOBBS  |  MONDAY, 11 MAY 2009
Corporate investors and government bodies are assessing alternatives to holding funds in government guaranteed deposits as cash rates fall and the $1 million fee eats away at returns. Subash Pillai, executive director and head of cash and fixed interest ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 MAY 2009
The Australian share market is likely to open in positive territory as both Wall Street and commodity prices were higher overnight. At 0735 AEST on the Sydney Futures Exchange, the March SPI futures index was up 75 points at 3,939. In economic news ...