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Showing 871 - 880 of 1117 results for "MIT"

Heads roll at Nomura

BEN COLLINS  |  FRIDAY, 27 JUL 2012
The chief executive officer and chief operating officer of ailing Japanese investment bank Nomura will step down to take responsibility for an insider trading scandal. Kenichi Watanabe, Nomura's chief executive, and Takumi Shibata, its chief operating ...

"Bad apples" slipping through the cracks: ASIC

BEN COLLINS  |  THURSDAY, 26 JUL 2012
The corporate regulator has put licensees on notice, saying there is growing concern that "bad apples" in the industry are slipping through the cracks because of poor reference checking when advisers swap between groups. At the Association of Financial ...

BlackRock to buy private equity business

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
US investment manager BlackRock will acquire Swiss Re's European private equity and infrastructure fund of funds franchise, Private Equity Partners. The sale of Swiss Re's US$7.5bn unit is expected to be completed by the end of Q3, according to a statement ...

Go ahead Europe, make my day

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2012
Stop right there. If you believe that last night's reversal of fortune on Wall Street was really, truly because of "improved data on the US housing market" as the Australian Financial Review puts it or "as Home Data Tempers Economic Concern," as per ...

Sequencing risk impacts super savings

LINDA HAUSKEN  |  THURSDAY, 14 JUN 2012
The post-global financial crisis combined with longevity issues has brought strategies to manage sequencing risk to the forefront in Australia, according to Chad Padowitz, chief investment officer at Wingate Asset Management. Although many retirees ...

Omega partners with LGS for bond strategy

LINDA HAUSKEN  |  MONDAY, 4 JUN 2012
Omega Global Investors has partnered with Local Government Super to create a Sustainable Global Government Bond Fund strategy. The global government bond strategy aims to break new ground in the delivery of risk-controlled asset management in the emerging ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

Arena appoints general manager

LINDA HAUSKEN  |  WEDNESDAY, 30 MAY 2012
Arena Investment Management has named Robert de Vos as general manager, property. Prior to joining Arena, de Vos held senior roles with Jones Lang LaSalle, Becton Property Group, Savills and boutique property funds management company Ceramic Funds Management ...

IMCA: Asset allocation future uncertain

LINDA HAUSKEN  |  TUESDAY, 22 MAY 2012
Discussion around whether traditional strategic asset allocation approaches are still appropriate or whether the industry needs to reframe the way it manages retirement money, dominated an IMCA roundtable yesterday. "There is now more than ever a general ...

MIT Budget inconsistencies spark concern

MELANIE TIMBRELL  |  THURSDAY, 10 MAY 2012
... been criticised as inconsistent with the IMR initiative. In a budget analysis, Russell Investments has called the move on MIT withholding tax a "significant, and somewhat unexpected, new headwind for Australian MIT operators trying to attract foreign ...