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Showing 41 - 50 of 71 results for "Axed"

Faster and easier insurance: Asteron

MEDIA RELEASE  |  WEDNESDAY, 3 NOV 2010
Asteron has axed mandatory personal medical attendant's reports (PMARs) for all types of cover across all products, making insurance easier to access for advisers and clients. Asteron has also increased non-medical and financial underwriting requirements ...

AvSuper axes ME Bank mandate

RUTH LIEW  |  WEDNESDAY, 9 JUN 2010
... invested in the ME Bank Super Loans Trust. The termination followed an ongoing review of the fund's managers, and the trustee axed the mandate after the trust "went through a difficult investment period". "There was also additional risk in the portfolio ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 JUN 2010
... five per cent cut in its spot price for the metal. But Prudential rose 1.9 per cent on news that the British insurer had axed its takeover of AIG's Asian unit, AIA, following a shareholder revolt over the proposed deal. The Hang Seng Index dropped 25.15 ...

MLC cuts Wellington and appoints Carnegie

RUTH LIEW  |  WEDNESDAY, 26 MAY 2010
MLC has axed Wellington Management Company from its global equities fund manager line-up, and appointed Carnegie Asset Management as its new investment manager. Wellington's mandate was terminated because the firm tended to show "higher turnover than ...

NZ Super axes AXA Rosenberg mandates

MICHELLE BALTAZAR  |  THURSDAY, 11 FEB 2010
... fund manager won in 2006. NZ Super Fund's head of communications Paul Gregory declined to comment on why the mandates were axed and whether they have appointed new managers to run similar mandates. However, NZ Super said in a statement that their strategic ...

BUSS(Q) seeks Asian exposure

RUTH LIEW  |  WEDNESDAY, 30 SEP 2009
... Global Franchise Fund] been a terrific performer and that's why we wanted to chase the team," said O'Sullivan. BUSS(Q) also axed a $40 million mandate with QIC, with the money transferred to Orbis Investment Advisory.

Protection without commission: JB Global

RUTH LIEW  |  FRIDAY, 4 SEP 2009
Boutique capital protection specialist JB Global Investment Services has taken the "no commission" stance to heart and axed trail and built-in commission in all its products - relying instead on performance fees to remunerate advisers. Justin Beeton ...

Integrity wins $190m United mandate

RUTH LIEW  |  WEDNESDAY, 2 SEP 2009
... Management-owned UFM, which had $6.1 billion in funds under management at the end of June according to Rainmaker Information, axed MIR's Australian value biased equity mandate at the beginning of August. According to the latest UFM monthly report, MIR's ...

Managed accounts firm ramps up ESG

RUTH LIEW  |  FRIDAY, 7 AUG 2009
... Principles for Responsible Investment (UN PRI) - proving that stricter governance can be applied through MAs. For example, DNR axed Cabcharge from its portfolio due to the firm's poor governance. "We used to hold Cabcharge and using our ESG and screening ...

CitySuper appoints $60m to Wellington

RUTH LIEW  |  THURSDAY, 9 JUL 2009
... CitySuper has appointed a $60 million mandate to the Wellington Special Strategies Equity Fund. The $60 million came from an axed global equities mandate with Barclays Global Investors. According to Guy Rundle, investment relationship manager at CitySuper ...