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Showing 6131 - 6140 of 10557 results for "BEI"

UBS Dynamic Alpha Strategy wins large insto mandate

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
UBS Global Asset Management's Dynamic Alpha Strategy Fund (DAS) has received a $260 million institutional mandate from a unnamed government funds management organisation in Australia. This follows a $400 million institutional superannuation investment ...

BOQ CEO resigns for overseas role

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
BOQ chief executive Stuart Grimshaw will depart the bank at the end of August to pursue a non-banking opportunity outside Australia. Chief operating officer Jon Sutton will take over as acting chief executive from 1 September 2014. The Board is currently ...

Independent trustees fix wrong problem

ALEX DUNNIN  |  TUESDAY, 12 AUG 2014
The push for more independent super fund trustees has been spurred by flawed assumptions, reveals new research released by the McKell Institute. In the report 'The Success of Representative Governance on Superannuation Boards' the authors - professor ...

Humanitarian you, humanitarian me too

BENJAMIN ONG  |  MONDAY, 11 AUG 2014
You kiddin' me? I had to go through not one, not two, nor three but several websites to verify what I was reading Saturday morning (Melbourne time), that Wall Street jumped - with the S&P 500 index's Friday surge erasing all of the losses it made from ...

Planning industry on brink of golden era

MARK SMITH  |  THURSDAY, 7 AUG 2014
The financial planning industry is on the verge of a golden era, but it must do everything it can to be seen as a fully-fledged profession, according to AMP executive director of financial planning Steve Helmich. The senior planning executive argued ...

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The proposed portfolio holdings disclosure rules amount to a "data dump" that is useless to consumers, according to Michael Gordon, group executive at Perpetual Investments. Arguing in the affirmative for the ACSA debate, 'Disclosure requirements... ...

We don't want to regulate SMSFs: APRA, ASIC

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
Australia's financial regulators do not want to oversee self managed super funds (SMSF) deliberately avoiding the question when asked at the FSC conference whether they should or would if given an opportunity to do so. "We don't want to regulate SMSFs," ...

All about the slack

BENJAMIN ONG  |  THURSDAY, 7 AUG 2014
..."but I get up again, you're never gonna keep me down" (continued from yesterday's blurb). Small and almost flat they may be, but gains in the major indices were enough to take Wall Street up again after getting knocked down the previous day through ...

FSC Conference: Follow the biopsychosocial model, life companies told

JAMES FERNYHOUGH  |  WEDNESDAY, 6 AUG 2014
The future of the life insurance industry depends on the deeper understanding and implementation of the biopsychosocial model, life company executives have heard. Speaking at the Financial Services Council (FSC) annual conference, Robin Chase of the ...

RBA leaves interest rates on hold

AAP  |  TUESDAY, 5 AUG 2014
The Reserve Bank has again kept the cash rate unchanged, and is likely to do so for some time yet. The cash rate has now been at a record low of 2.5 per cent for 12 months. In a statement accompanying the RBA's August rate decision, governor Glenn Stevens ...