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Showing 7361 - 7370 of 10560 results for "BEI"

Investment FUM nears $1.4 trillion

ALEX DUNNIN  |  TUESDAY, 13 MAR 2012
The Australian sourced investment management market climbed 1.9% during the December 2011 quarter to $1.370 trillion, Rainmaker has revealed in its latest Roundup report. Annual growth was negative 1.6%, resulting in FUM still being below the pre-GFC ...

Govt push for foreign infra investment

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
Federal Government Trade Minister Craig Emerson has argued in favour of foreign investment in local infrastructure, particularly in water and farming. In an interview with ABC Radio, Minister Emerson said overseas investment could help make Australia ...

APRA calls for risk-consistent exec pay

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
Remuneration practices ill aligned to risk management objectives will be of primary interest to the regulator, as APRA implements its standards on executive remuneration. Remuneration policies that encouraged risky behaviour were identified as a practice ...

Super funds call key challenges

MELANIE TIMBRELL  |  FRIDAY, 9 MAR 2012
The breadth and pace of regulatory change, ongoing cost pressures and lower real yields in traditional asset classes have been identified as the key challenges facing Australian superannuation. A discussion at recent Centre for Investor Education Fund ...

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
Rob Chapman is stepping down as chief executive of the St George Banking Group to be replaced by Westpac New Zealand boss George Frazis, with senior Westpac executive Peter Clare taking over in New Zealand. Chapman has been at the helm of St George ...

Greece still matters

BENJAMIN ONG  |  FRIDAY, 9 MAR 2012
Market action over the past few days brought home one realisation - Greece still matters. The sell on 'no swap' buy on 'swap' trades made this all the more apparent. Yes, Virgie, we can close our eyes, ears and noses and pretend that it's been banished ...

Second exposure draft on IMR laws released

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
A revised draft of the Investment Manager Regime legislation has been released, following stakeholder feedback on the initial proposals designed to alleviate perceived tax disincentives on foreign managed funds investing in Australia. The Government ...

AMP expands network with Futuro acquisition

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
AMP has taken a 10% minority stake in independent adviser group Futuro Financial Services, with the intention of achieving full ownership within five years. The transaction will take place in three stages with Futuro continuing to operate under its ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
APRA has accepted an enforceable undertaking from a sixth former director of Trio Capital. John Godfrey was a non-executive director of Trio between February 2005 and June 2007, as well as being chair of the board from June 2005 to February 2007. Godfrey ...

FOFA makes assumptions on churning: Synchron

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
Independent adviser boutique Synchron has slammed elements of FOFA, claiming it will ultimately lead to advisers being penalised when acting in their client's best interest. Synchron has criticised two particular elements it says relate to churning ...