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Showing 601 - 610 of 1700 results for Michael Hobbs

Fidelity India fund 'on hold'

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
Standard & Poor's has placed the Fidelity India fund 'on hold' after the firm replaced the fund's portfolio manager. Fidelity Investments Australia's review resulted in Teera Chanpongsang taking over responsibility of the fund from Arun Mehra. Chanpongsang ...

Aus Ethical wins CMSF gong

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
Australian Ethical Investment's Retail Superannuation fund has won the Conference of Major Super Funds (CMSF) sustainable investment Infinity Award for the second year running. The Infinity Award recognises the fund as a leader in sustainable investment ...

St. John leaves UniSuper

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
David St. John, UniSuper chief investment officer has resigned from the $21 billion super fund after eight years at the helm to tend to personal business interests and spend more time with his family. St. John joined UniSuper in May 2001 and assisted ...

Less tax on financial advice

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
If the cost of financial advice was to be made tax-deductible, it should be means tested to ensure the right people receive the most benefit. Chris Pearce, shadow minister for financial services, superannuation and corporate law, told an Association ...

BT Super for Life hits 100,000 members

MICHAEL HOBBS  |  TUESDAY, 24 MAR 2009
BT Financial Group's BT Super for Life product has broken the 100,000 member mark in just 18 months. Melanie Evans, BT Financial Group head of superannuation and investments, said low fees and linking super accounts to online banking had attracted customers ...

Opposition slams govt short selling claims

MICHAEL HOBBS  |  TUESDAY, 24 MAR 2009
The opposition has refuted Senator Nick Sherry's claim that the government action on short selling is in-line with the International Organisation of Securities Commissions (IOSCO) report, declaring the government misrepresented the report. Minister ...

SMSF in-house asset rules and disclosure flawed

MICHAEL HOBBS  |  MONDAY, 23 MAR 2009
The Australian Tax Office (ATO) should give self-managed super fund (SMSF) trustees more time to comply with in-house asset rules but at the same time, require them to provide a detailed investment strategy. Speaking at the SMSF Professionals' Association ...

MSCI Barra ups liquidity reviews

MICHAEL HOBBS  |  MONDAY, 23 MAR 2009
MSCI Barra is proposing to review liquidity across MSCI Global Investable Market Index constituents across developed and emerging markets on a quarterly basis instead of half yearly as part of the firm's plan to deal with the credit crisis. In addition ...

Euro fixed income ETF assets grow 250 pc

MICHAEL HOBBS  |  MONDAY, 23 MAR 2009
European based fixed income exchange traded fund (ETF) assets under management (AUM) grew 250 per cent to more than $62 billion in just under two years. The latest data from Deutsche Bank found fixed income ETFs grew from just under $18 billion to over ...

Investment mandates to factor climate change

MICHAEL HOBBS  |  FRIDAY, 20 MAR 2009
Nine out of ten major super funds have changed or plan to review their investment mandates to reflect climate change issues, a survey found. An Australian Institute of Superannuation Trustees (AIST) and Climate Institute survey found 95 per cent of ...