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Showing 51 - 60 of 76 results for "Councils"

Local councils set to recover more from Lehman

PIPER ALDERMAN RELEASE  |  WEDNESDAY, 31 MAR 2010
Local councils that invested in Lehman CDOs won a small victory this week after a court judgment that could allow them to recover more of their money back from the collapsed firm. The High Court has dismissed an appeal against the judgment of the Federal ...

Job woes

BENJAMIN ONG  |  MONDAY, 9 NOV 2009
... Credit-rating agencies for giving the A-ok to these investment vehicles. Investors - institutional and retail, state governments, councils, etc. - for greedily accepting these credit raters' tick of approval without doing their own due diligence. John ...

ANZIIF names new committee members

COMPANY RELEASE  |  FRIDAY, 24 JUL 2009
... provides debate and discussion around the trends affecting the general insurance industry. "The institute's committees and councils are a vital component of our strong engagement with and connection to the industry we serve," said Joan Fitzpatrick, chief ...

WYPF tenders for custodian

RUTH LIEW  |  TUESDAY, 7 JUL 2009
... $9.2 billion West Yorkshire Pension Fund is looking for a new custodian. WYPF, the pension fund for employees in the councils of Leeds, Bradford, Wakefield, Kirklees and Calderdale, is looking for a banking and custodial service provider. According to ...

More pain to come for councils

RUTH LIEW  |  TUESDAY, 9 JUN 2009
New South Wales councils may suffer more losses from their investments particularly those that have derivatives in their portfolios and not just toxic CDOs, warns an investment academic. Jerry Parwada, associate professor of finance at the University ...

Superannuation wins in Cabinet reshuffle

ALEX DUNNIN  |  TUESDAY, 9 JUN 2009
... City Councilor in 1995 before becoming Mayor in 1998 and then President of the Western Sydney Regional Organisation of Councils in 2002. His promotion to Cabinet at age 36 and after just five years in Parliament represents a meteoric rise, again highlighting ...

Grove and Counterpoint seal $11bn merger

MICHELLE BALTAZAR  |  FRIDAY, 31 OCT 2008
... 135 clients comprising of a handful of large institutions, several dealer groups and 'mezzanine institutions' such as councils, universities and small insurance companies. Ibbetson said that following the global financial crisis, they are looking to ...

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
... investment companies trying to maximise their interests, investors trying to maximise their interests, local government councils trying to maximise their interests and so on. When the crunch came, Milton Friedman's monetarists approach was applied. In ...

Don Russell joins State Super

MICHAEL HOBBS  |  TUESDAY, 11 MAR 2008
... chairperson on its board. Russell replaces Michael Cole after he was directed to review the financial exposures of local councils. Previously, Russell worked at US wealth management and research firm, Sanford C Bernstein and was Australian ambassador ...

Councils take action on CDOs

MICHELLE BALTAZAR AND RUTH LIEW  |  MONDAY, 18 FEB 2008
Rage and accusations are now rearing their ugly heads as embattled councils attempt to recoup their losses from sub-prime backed CDO investments, but the crisis could spark a government rethink on how councils should invest their funds. Hugh McLernon ...