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Showing 6011 - 6020 of 9320 results for "Red"

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
Industry Funds Management (IFM) has set January 2014 as the start date for its expected, wide-ranging fee reduction. The fund manager which oversees $44 billion in assets first announced the Global Pricing Review in November 2011 and had planned to ...

State Street wins $780m LGS mandate

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
State Street Global Advisors (SSgA) has won a $780 million active Australian equities mandate from Local Government Super (LGS). LGS chief investment officer Craig Turnbull said the mandate reflects a move towards more active risk in the portfolio. ...

Fidelity Worldwide Investment cuts minimum investment amounts

MARK SMITH  |  MONDAY, 22 JUL 2013
Fidelity Worldwide Investment (Fidelity) has reduced the minimum initial investment amount required for all its funds in Australia from $500,000 to $25,000. Before this, Fidelity's product range had been available for a minimum initial investment amount ...

Hedge funds can reduce risk, despite reputation

MARK SMITH  |  FRIDAY, 19 JUL 2013
Despite their growing popularity, particularly in the institutional space, hedge funds are still widely misunderstood by investors - they often have a reputation for being high risk, expensive, illiquid and difficult to access. But according to BlackRock ...

Super board quality compromised over pay rates

ALICE URIBE  |  FRIDAY, 19 JUL 2013
The level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton. Speaking as part of a panel at The Economist Bellwether 2013 Australian Forum in Sydney this ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

Clear as crystal

BENJAMIN ONG  |  THURSDAY, 18 JUL 2013
It doesn't get any clearer than this! It's crystal! No more communications breakdown. No more failure to communicate. Big Ben Bernanke has delivered! While it's mostly a reiteration of the repeated message I've been telling you he's been telling us ...

Limbo of uncertainty

BENJAMIN ONG  |  TUESDAY, 16 JUL 2013
Five days! These are the number of days that the Australian stock market had been on a roll. Over these past five days, the All ordinaries index has risen by not an inconsequential 3.5%, outperforming the S&P 500 index's 2.6% gain over the same period. ...

US delays tax avoidance law by 6 months

MARK SMITH  |  MONDAY, 15 JUL 2013
The US Treasury Department has postponed a new law designed to crack down on offshore tax avoidance by US citizens by six months. The Foreign Account Tax Compliance Act (FACTA) requires foreign banks, insurance companies and asset managers to report ...

Weak tenant demand hurts Aussie property outlook

MARK SMITH  |  FRIDAY, 12 JUL 2013
Subdued demand in a number of sectors means that Australian commercial real estate has become less attractive, according to La Salle Investment Management. While the real estate investment specialist remained positive on the Australian property market ...