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Showing 641 - 650 of 886 results for "FOS"

Un-taper re-reflate

BENJAMIN ONG  |  TUESDAY, 14 OCT 2014
Like a dog with a bone, financial markets have latched onto growth - or more precisely, the lack of it - and wouldn't let go. Wall Street remains in no mood for celebration even as America commemorated the day Christopher Columbus discovered their land ...

ANU divests seven companies, seeks equities manager

JAMES FERNYHOUGH  |  TUESDAY, 7 OCT 2014
The Australian National University (ANU) has announced it will divest its holdings in seven mining companies, following a review of its domestic equity investments. The university also announced it plans to outsource its domestic equity investment management ...

Instos get serious about climate change

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
Last month's United Nations Climate Summit saw a flurry of announcements from some of the world's major institutional investors, ranging from pledges to divest from fossil fuels, to calls on governments to introduce carbon pricing. But how serious are ...

LGS rejects coal, tar sands

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
Local Government Super (LGS) has announced it will be screening out companies that derive the majority of their revenue from coal or tar sands. In the most comprehensive fossil fuel screening policy adopted by a major super fund, LGS has included all ...

Cbus, NZ Super join Mercer climate change risk study

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
Cbus and the New Zealand Super Fund have joined a number of international investors backing Mercer's new study of the investment risks and returns under climate change scenarios. Mercer said the study would be "framed by several plausible climate scenarios ...

Global investors call for action on climate change

JAMES FERNYHOUGH  |  MONDAY, 22 SEP 2014
Some of the world's largest institutional investors have told governments they are ready to play their part in the transition to a low carbon economy, but they need governments to help them. A group of 348 institutional investors worth more than US$24 ...

Gold stocks undervalued but likely to rise

LAURA MILLAN  |  MONDAY, 15 SEP 2014
Gold stocks are undervalued, but are likely to rise over the next years as Chinese demand increases and production costs lower. Van Eck Global portfolio manager of gold strategies Joe Foster predicted that gold prices could surpass the US$1,400 an ounce ...

HESTA takes stand against thermal coal

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Industry super fund HESTA has begun restricting its investments in thermal coal, becoming the latest fund to move towards fossil fuel divestment. Under the new policy, HESTA will not make new investments in unlisted companies that derive more than 15% ...

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
The attempt by Australia's largest financial institutions to raise the education standards for their financial advisers is not a genuine attempt by licensees to improve integrity and transparency in the industry, the Financial Services Union (FSU) said. ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System Inquiry (FSI). The proposal was made in light of the 105 FOS determinations ...