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Showing 7051 - 7060 of 10560 results for "BEI"

Trilogy takeover attempt piracy: LM

MARK STORY  |  WEDNESDAY, 10 OCT 2012
An attempt by Trilogy Funds Management (Trilogy) to replace LM Investment Management Ltd (LM) as Manager of two LM feeder funds is opportunistic, hostile and without any consideration of investors' interests. This was the underlying sentiment within ...

Retire mortgage debt with super: CPSA

ALEX DUNNIN  |  TUESDAY, 9 OCT 2012
A recent CPA Australia report calling the lump-sum super payment system a 'retirement savings disaster' overlooks the bigger picture, according to the Combined Pensioners and Superannuants Association (CPSA). Whether it's ideal or not, retirees are ...

Trading mistake forces Indian exchange crash

BEN COLLINS  |  MONDAY, 8 OCT 2012
A $US125 million trading mistake last week caused India's National Stock Exchange to briefly crash, triggering a trading halt and a 15.5% fall on the main index. Mistakes made by a local brokerage in placing orders, saw the exchange's Nifty index fall ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
Despite ASIC's decision to sound warning bells over the risks and complexities of hybrid securities, there is a growing appetite in the market for the high rate of return this product can offer investors. The corporate watchdog's warnings follows more ...

Advisers struggle to add value

LINDA HAUSKEN  |  FRIDAY, 5 OCT 2012
Under the Future of Financial Advice opt-in and fee disclosure reforms, many advisers may struggle to offer a strong value proposition to their clients, according to an industry expert. Leith Thomas, director of the Bailey Roberts Group said generally ...

Yield at any cost flawed: GSAM

BEN COLLINS  |  FRIDAY, 5 OCT 2012
Uncertainty has caused a preoccupation with yield and safe haven stocks, said Goldman Sachs Asset Management's head of Australian equities. Cost pressures, low productivity and the impact of a strong Australian dollar are causing uncertainty, despite ...

NSW and CFS partner in first gov retail annuity bond

MARK STORY  |  FRIDAY, 5 OCT 2012
Colonial First State (CFS) and the NSW Government have announced a new arrangement that will see the NSW Waratah Annuity Bond offered on the CFS FirstWrap, one of the fastest growing platforms in the industry. The NSW Waratah Annuity Bond, developed ...

Australia can't afford complacency: Murray

MELANIE TIMBRELL  |  THURSDAY, 4 OCT 2012
Former Future Fund chairman David Murray has warned that Australia is far too dependent on the rest of the world for both trade and capital to be assured of avoiding a European-style crisis. Speaking to the ABC last night, Murray said a downturn of ...

MLC revamps insurance offering

LINDA HAUSKEN  |  THURSDAY, 4 OCT 2012
MLC has made a series of changes to its insurance offering in an effort to meet customer demand for further premium savings on income protection. The National Australia Bank owned wealth manager has introduced RiskFirst rapid to its MLC Insurance product ...

Liquidity comes at a price: Certitude

MARK STORY  |  THURSDAY, 4 OCT 2012
The net effect of manufacturing liquidity to meet investors' desire for access to their funds at short notice is insufficient diversification and reduced investment performance, says Craig Mowll, CEO of Certitude Global Investments. Mowll claims that ...