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Showing 651 - 660 of 758 results for "Block"

AMP Capital Investors block poor corp governance

MICHELLE BALTAZAR  |  FRIDAY, 14 AUG 2009
... voting against those of Babcock & Brown Capital, Fortescue Metals and Roc Oil. The fund enumerated the reasons it would block an incentive plan including the lack of performance hurdles set against these incentives, poor disclosure of terms and when ...

NAB and Aviva rule platform land

RUTH LIEW  |  MONDAY, 22 JUN 2009
NAB's acquisition of Aviva Australia's Navigator business will create the largest platform provider with $69 billion in funds under management and more than 2,900 advisers using its services. NAB, which announced it had agreed to purchase Aviva Australia's ...

Cooper targets investment fees

RUTH LIEW  |  FRIDAY, 19 JUN 2009
Investment management fees may be on the chopping block following the upcoming Cooper review on super - but one fund manager cautions that reviewing fees is not enough, and equal attention should be paid to understanding the incentives behind high fees. ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 JUN 2009
The Australian share market was lifted in morning trade by big gains among resources stocks in the wake of higher commodity prices. At 1200 AEST, the benchmark S&P/ASX200 was up 68.8 points, or 1.77 per cent, at 3963.2, while the broader All Ordinaries ...

Instinet makes a splash Down Under

MICHELLE BALTAZAR  |  WEDNESDAY, 6 MAY 2009
Trading technology specialist Instinet is expanding its presence in Australia and is adopting its global products and algorithms to suit the needs of local fund managers and super funds. Established nearly 40 years ago in the US, Instinet provides electronic ...

NAB Super fine-tunes investment choice

RUTH LIEW  |  FRIDAY, 20 MAR 2009
NAB Group Superannuation Fund increases the flexibility of its investment choice options by introducing a new system that allows switches to be made within percentage multiples of 1 per cent, as opposed to the previous 10 per cent allowance. Effective ...

FPSA to recruit more advisers

RUTH LIEW  |  THURSDAY, 19 MAR 2009
Financial Planning Services Australia is looking to grow the number of practices under the FPSA umbrella to 50 and recruit 33 more advisers by year's end. FPSA, which has $1.4 billion in funds under advice, is looking to add 21 new practices and add ...

Seize the pay

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
... excessive 'golden parachutes' particularly when they've destroyed shareholder value. Shareholders are currently powerless to block multi-million dollar termination payments because the Corporations Act states that shareholder approval is not required ...

KBC blocks water fund

MICHAEL HOBBS  |  MONDAY, 9 MAR 2009
KBC Asset Management's Global Water fund is closed to new money in Australia. Simon Padley, KBC Asset Management head of distribution, said the fund is not accepting new money because the Belgian based asset manager is reviewing some of the group's ...

Planners tune in to ETFs

RUTH LIEW  |  MONDAY, 9 MAR 2009
Over the next decade, exchange traded funds (ETFs) could put management fees of many Aussie fund managers under pressure - marking ETFs as the next boom market for fee-for-service planners. Bruce Baker, director of Queensland-based Puzzle Financial ...