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Showing 7001 - 7010 of 10707 results for "May 2012"

Climate change already an insurance risk

ALEX DUNNIN  |  FRIDAY, 13 JUL 2012
Political opposition to the carbon tax may be at record highs in Australia but for insurers climate change has for many years already been an economic and business risk they have had to plan for. "Since climate change could lead to losses on a scale ...

Cross-border super collaboration on way

MELANIE TIMBRELL  |  THURSDAY, 12 JUL 2012
Asian public pensions and Australian superannuation funds may soon be working together on cross-border investment decisions, predicts Citi's Asia Pacific head of pension fund services. Australian superannuation funds typically have around 30% of assets ...

Perpetual sells mortgage business

BEN COLLINS  |  THURSDAY, 12 JUL 2012
Perpetual has reached an agreement to sell its mortgage processing business to FAF International Property Services Australia, an affiliate of First Mortgage Services. Plans to sell Perpetual Lenders Mortgage Services (PLMS) were announced as part of ...

Market Wrap

AAP  |  THURSDAY, 12 JUL 2012
SYDNEY - The Australian market looks set to open flat after Wall Street fell amid lingering doubts over Spain's bailout package. At 0810 AEST on Thursday, the June share price index futures contract was up one point at 4,065. In economic news on Thursday ...

A-REIT concentration raises active mgt questions

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
The Australian listed property trust securities sector is plagued by concentration issues, according to Lonsec's annual review. While most funds in the sector are benchmarked against the S&P/ASX-200 A-REIT Accumulation Index or the S&P/ASX-300 A-REIT ...

Pipeline Partners makes HFM bid

BEN COLLINS  |  WEDNESDAY, 11 JUL 2012
Pipeline Partners Australia has made a binding $1.23bn takeover offer for the Hastings Diversified Utilities Fund. "The Hastings Funds Management Ltd (HFML) subcommittee of independent directors is currently considering the terms of the proposal and ...

Uncertainly good or bad

BENJAMIN ONG  |  WEDNESDAY, 11 JUL 2012
There is the good news. The EU finally came through and is about to implement its first set of "breakthroughs" agreed upon at last month's summit. Eurozone finance ministers shook hands on the a,-100 billion aid promised to Spain, with an initial downpayment ...

Market Wrap

AAP  |  WEDNESDAY, 11 JUL 2012
The Australian market looks set to open lower following sharp falls on Wall Street overnight as investors digest a positive start to the US earnings season, a eurozone deal to help support Spain and its banks, and disappointing Chinese trade data. At ...

HFT strategy profiling lab launched

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
Australian firm First Derivatives has launched a testing lab for HFT strategies and algorithms. Developed to allow firms to test their high frequency trading (HFT) algorithms and methods prior to live market release, the lab also has potential implications ...

Dutch pension fund files against GSAM

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
The Dutch transport workers' pension fund Pensioenfonds Vervoer has filed claims against ex-manager Goldman Sachs Asset Management International alleging negligence resulting in investment losses. Lawyers for the pension fund said the claims total 240 ...