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Showing 61 - 70 of 71 results for "Axed"

Alaska fund drops alternatives mandates

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $43 billion Alaska Permanent Fund Corporation has axed two alternative investment mandates in light of the fund's shrinking assets. According to a press statement by the American fund, the board decided "not to move forward with two planned alternative ...

Read between the headlines

BENJAMIN ONG  |  THURSDAY, 22 JAN 2009
... Obama's inauguration, headlines were again relating horror stories about thousand of workers being given the boot. '6000 jobs axed as BHP feels the pinch,' printed the Sydney Morning Herald. The Age had 'PM's plea on jobs ignored' as it wrote about 'thousands ...

New year, new stocks: Suncorp

COMPANY RELEASE  |  WEDNESDAY, 14 JAN 2009
... Investment Management has dramatically changed the investment line up within its Investment Management Word Equities Trust when it axed 50 per cent of the stocks in the portfolio and reconfigured fund manager allocation. The trust has increased its weighting ...

NGSS on mandate spree

RUTH LIEW  |  TUESDAY, 13 JAN 2009
... managers. As a result of the reshuffle, NGSS' mandates with AMP Future Directions and Barclays Global Investors have been axed. However the fund is retaining its investment with Colonial First State Emerging Markets. Bill Dwyer, NGSS manager, investments ...

Nestle shuffles asset allocations

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
... property ($A hedged), a five per cent cut in Aussie fixed interest, and zero in cash from a previous 10 per cent. The fund also axed its 4 per cent direct property stake and pumped 30 per cent into the Russell Australian Enhanced Cash Fund. Meanwhile ...

Once lost, now found: super

RUTH LIEW  |  MONDAY, 18 AUG 2008
... Fund (ERF) has reunited over 100,000 members with their super and paid out almost $147 million since July last year. The ERF axed benefit payment fees and jazzed up their web search function to help customers hunt and consolidate lost super accounts. ...

ANZ Super cuts option costs by 40pc

RUTH LIEW  |  MONDAY, 11 AUG 2008
... international and Australian equities portfolios to cut costs and level the amount of its risk exposure. ANZ Staff Super axed its mandates to WestLB and BGI to manage Australian shares. Russell Investment Management's mandate to manage the Australian ...

REST terminates GMO

RUTH LIEW  |  THURSDAY, 24 JUL 2008
The $14 billion REST Superannuation has axed an Australian Equities mandate with GMO due to concerns with the fund manager's team changes. According to Damian Hill, chief executive of REST Superannuation, the super fund ended a four year relationship ...

SuperTrace cuts fees and jazzes website

RUTH LIEW  |  TUESDAY, 15 JUL 2008
SuperTrace Eligible Rollover Fund (ERF) has axed benefit payment fees and unveiled a new online search function to help customers find and consolidate lost and inactive super accounts. SuperTrace confirmed that it is eliminating all direct member fees ...

Great Southern shrinks as sales drop

RUTH LIEW  |  MONDAY, 14 JUL 2008
... to cut costs across all areas of the fund manager's operations for the business to remain buoyant. Ikin said jobs will be axed in the firm's sales and marketing department, and rental, facility and overhead expenses will also be slashed. "We would look ...