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Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
... at a time when there is uncertainty around access to capital. "It's a short term timing issue...nobody else is doing anything about this and we're offering a solution," said Aviva spokesperson Tim Cobb. "The other thing to note is that we are APRA-regulated ...

Schroders eyes credit markets

RUTH LIEW  |  THURSDAY, 30 OCT 2008
... sharp contrast from the group's underweight allocation to the sector 18 months ago. "Go back 18 months, we didn't want anything to do with credit. The risk premium of high yielding credit was 2.5 per cent," said Simon Doyle, head of fixed income and ...

Crisis on Facebook

MICHELLE BALTAZAR  |  WEDNESDAY, 22 OCT 2008
... which for brevity purposes can be called the Global Financial Crisis (GFC) site. The site is an A-Z source of links on anything you want to know about the financial crisis. Members also discuss topics such as the link between the 2001 terrorist attacks ...

APRA rebuffs super stats critics

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
... years, and our statistical and research teams are satisfied that there is nothing in the fund level data which invalidates anything we have published at the aggregate level," explained Jones. While industry associations have argued for fund performance ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... the "investment chain" and assess their behaviour to demonstrate best practice and responsible investment, he said. "If anything, the recent events have strengthened the case for stronger stewardship. Investor collaboration can work and deliver results ...

ESG buck stops with super

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... the wealth management industry needed a "champion" to push the cause for greater ESG coverage. "You need a champion for anything. If you haven't got a champion for ESG on your board or within your organisation, it goes nowhere," he said. "Until you have ...

Super cushions local asset managers

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... asset managers will change ownership because they don't face the same financial pressures as their UK and US peers. If anything, the unnamed source said, it will be the non-bank asset managers that are either "too small" to survive the current crisis ...

Alternatives charter assoc heads Down Under

ALEX DUNNIN  |  THURSDAY, 11 SEP 2008
... Analyst Association (CAIAA) when he visited Australia last week. Asche said the CAIAA defines alternative investments as anything that is not a traditional long-only investment. The broader more global focus of these assets is also why their membership ...

Banks not ready for Web 2.0

MICHELLE BALTAZAR  |  WEDNESDAY, 10 SEP 2008
... customisable and interactive as the Web 2.0 sites they are familiar with, such as MySpace and Facebook. "That can mean anything from having the customer's online bank permanently available as a widget, to having third-party information such as stock ...

Consumer outlook slows climate cause

MICHAEL HOBBS  |  TUESDAY, 9 SEP 2008
... new consumer sentiment report found Australians want to take action on climate change as long as it doesn't cost them anything. The Sensis Consumer Report found four in 10 Australians are concerned about climate change, however less than half are willing ...