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Showing 641 - 650 of 1663 results for Ruth Liew

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
One of the US' biggest pension funds, the $223 billion CalPERS, has filed a lawsuit against three of the world's most powerful rating agencies to claw back some of its losses from the GFC, but local super funds look unlikely to follow suit. CalPERS ...

Rio Tinto seeks super trustees

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Corporate super fund Rio Tinto Staff Superannuation Fund is on the hunt for three new directors to join its trustee board. The Rio Tinto fund, which had $2.3 billion at the end of June last year, said three of its current member directors are completing ...

Hong Kong cracks down on Lehman Bros

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Following last year's Lehman Brothers collapse, the Hong Kong Monetary Authority has revealed there are still 930 cases involving the failed bank still under disciplinary consideration within the Chinese state. HKMA announced last Friday that there ...

Oasis looks to SMAs and ETFs

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Following adviser feedback, platform provider Oasis Asset Management is looking to add exchange traded funds and separately managed accounts into its platform, while boosting its direct shares offering. Andrew Rawlinson, director of distribution at ...

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

Pillar tenders for RBF-TAS deal

RUTH LIEW  |  TUESDAY, 14 JUL 2009
Pillar Administration is tendering to provide administration services to RBF Tasmania, which had $3 billion in funds at the end of June last year. RBF-TAS is in the process of selecting its new administrator. The fund currently manages its administration ...

Timbercorp investors get $50k aid

RUTH LIEW  |  MONDAY, 13 JUL 2009
Professional Investment Services is hoping its $50,000 donation into the Timbercorp fighting fund and other monetary aid would help up to 80 per cent of Timbercorp investors claw some of their investments back. PIS, which recently poured an additional ...

RE model should be reviewed: PIS

RUTH LIEW  |  MONDAY, 13 JUL 2009
PIS is increasingly questioning the Responsible Entity system and said a return to the previous "trustee" model could be a solution to safeguard investors from collapses such as those of Great Southern and Timbercorp. Grahame Evans, managing director ...

Super jobs bonanza

RUTH LIEW  |  FRIDAY, 10 JUL 2009
Job opportunities in super is booming with many super funds desperate to hire more admin, client services and investment professionals despite the market downturn. The latest Hays Quarterly Report noted that the superannuation industry is desperate ...

More mortgage brokers to sell insurance

RUTH LIEW  |  FRIDAY, 10 JUL 2009
First Aussie John announced he would "shake up" the insurance market, now Mortgage Choice is boosting its presence in life insurance too. Independently-owned mortgage house Mortgage Choice announced the partnership with Lifebroker, which claims to be ...