Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 9741 - 9750 of 11521 results for "DIV"

State Street's private equity hits $110bn

MICHAEL HOBBS  |  WEDNESDAY, 27 AUG 2008
Rising institutional investor demand for private equity assets has resulted in State Street's private equity fund service's assets under administration to increase by 20 per cent to $110 billion since the division was formed last year. Jack Klinck ...

Suncorp numbers fail to shine

RUTH LIEW  |  TUESDAY, 26 AUG 2008
Suncorp's wealth management and general insurance divisions have suffered profit falls due to poor markets and severe weather. In a statement released on the Australian Securities Exchange today, Suncorp confirmed that its wealth management arm reported ...

Challenger FM down, CEO says goodbye

RUTH LIEW  |  MONDAY, 25 AUG 2008
Challenger Financial Services Group chief executive Mike Tilley is stepping down just as the group announced today that its funds under management dropped 19 per cent in the last financial year. According to a statement on the Australian Securities ...

ASIC restructures staff line-up

RUTH LIEW  |  MONDAY, 25 AUG 2008
The Australian Securities and Investments Commission (ASIC) is investing significant man power in its financial economy and investigation and prosecution departments as the regulator undergoes a radical restructure of its staff line up. ASIC's strategic ...

Pax fined for SRI breach

MICHELLE BALTAZAR  |  MONDAY, 25 AUG 2008
US-based fund manager Pax World Management was forced to stump up US$500,000 in regulatory fines for violating its own socially responsible investments (SRI) policies. According to the Securities Exchange Commission, the firm bought 10 securities between ...

Diversified funds on the wane?

MICHAEL HOBBS  |  MONDAY, 25 AUG 2008
Money is flowing out of diversified 'single manager' funds as multi-managers gain popularity, according to Lonsec. Lonsec's latest report on diversified funds found the sector's funds under management (FUM) continued to fall, with a 12.6 per cent drop ...

VFMC appoints ex-Goldman Sachs MD

RUTH LIEW  |  FRIDAY, 22 AUG 2008
The $37 billion Victorian Funds Management Corporation (VFMC) has appointed Justin Pascoe, former managing director of Goldman Sachs Asset Management's quantitative investment strategies team in Hong Kong, as the fund's new chief investment officer. ...

Time out for specialist funds

WWW.THESHEET.COM  |  FRIDAY, 22 AUG 2008
A group of investors and asset consultants, sitting on a panel at an InAssociation infrastructure conference in Sydney on Wednesday, was asked to make a call on the future of the investment bank specialist funds model. They agreed it was over. The infrastructure ...

S&P rates AQE fund five stars

MICHAEL HOBBS  |  FRIDAY, 22 AUG 2008
Standard & Poor's awarded Goldman Sachs JBWere Asset Management's (GSJBW) Australia Quantitative Equity Fund (AQE Fund) a four star rating. Set up in 2004, the long only fund combines quantitative and fundamental strategies based on six investment themes ...

ING takes DB admin in-house

MICHAEL HOBBS  |  FRIDAY, 22 AUG 2008
ING Australia is moving its defined benefits administration in-house, ending its previous outsourcing relationship with Aon Australia. Mark Pankhurst, ING Australia Employer superannuation head of product and marketing, said Aon told the firm it was ...