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Showing 6571 - 6580 of 10559 results for "BEI"

Sagging commodities see drop in foreign investment

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
Australia is attracting considerably less foreign investment compared to the height of the mining boom, according to figures released by the Australian Custodial Services Association (ACSA). In the six months ending December 2012, assets under custody ...

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last ...

Investors risk being left behind by renewable energy

MARK SMITH  |  THURSDAY, 29 AUG 2013
Investors globally are underestimating the risk of being left behind by climate change, renewable energy and other environmental trends, according to Nanuk Asset Management director Paul Chadwick. Nanuk manages a long/short thematic global equity fund ...

One-third of US federal workers could retire

ALEX DUNNIN  |  THURSDAY, 29 AUG 2013
Recovering pension account balances in the US is triggering a rush of US federal employees to retire, with as many as one-third of some agencies expected to leave their jobs. Helping to restore confidence in their pension funds is that the US pension ...

Super behemoths set to lock horns in Supreme Court

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Two behemoths of the superannuation industry, AustralianSuper and the Future Fund, will meet in the Victorian Supreme Court in mid-October to dispute the circumstances around the sale of a 29.7% stake in Perth airport. AustralianSuper, which manages ...

QE tapering fears spark $1 billion flight from bonds

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Outflows of around $1 billion from Australian bond funds are being viewed by many as a signal the 32-year bull market in the asset class is over, but some funds have bucked the trend. According to data provided by Morningstar, Australian internationally ...

Mercer gives taster of MySuper product

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
Mercer has developed a "whole-of-life" lifecycle default fund which it will use as its MySuper product. The fund, named 'SmartPath', is already being advertised on Mercer's website, and will be available on 1 January 2014. Mercer partner Graeme Mathers ...

Academic questions Libs' super board independence policy

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ...

Future Fund accused of withholding docs in airport spat

MARK SMITH  |  TUESDAY, 27 AUG 2013
AustralianSuper has upped the ante in its dispute over the Future Fund's purchase of a stake in Perth airport, accusing the $80 billion sovereign wealth fund of withholding crucial documents. AustralianSuper said it had requested documentation from ...

Suncorp outsources custody to NAB

JAMES FERNYHOUGH  |  MONDAY, 26 AUG 2013
Suncorp has outsourced its entire custody and investment administration operations to National Australia Bank's custody arm, NAB Asset Servicing. Both Suncorp and NAB have said very little about the deal, and would not comment on suggestions that it ...