Skandia’s former CEO, Lars-Eric Petersson, was sentenced to a two-year jail term by a Swedish court last week for fiddling the company’s executive bonus scheme.
Conflict over: ASIC deputy quashes regulation speculation
In a speech last Friday, Jeremy Cooper, deputy chair of ASIC, made the strongest indication yet that further regulations for the financial services industry to manage conflicts of interest are unlikely.
BT finds new partner for Asia Pacific equities
Westpac has added to its international investment capability with a new joint-venture Asia Pacific absolute return fund and the establishment of its wholly-owned private equity business, Hastings Funds Management, in the UK.
Future Fund to limit board conflicts
Members of the Future Fund board will be excluded from discussions and decisions that relate to their particular institution if there are potential conflict of interest issues.
WHK Greenwoods Melbourne restructures at the top
Listed accounting and financial planning firm WHK Greenwoods is looking for a chief executive for its Melbourne firm following an internal restructure.
Limited SOA capability goes west
WA super fund Westscheme will get the resources it needs to answer simple questions from members, under a proposal it is awaiting from financial planning partner, Industry Funds Financial Planning.
New MFS $100m offering not HFA clone
Queensland-based funds manager MFS says it is not planning to create a second HFA, as it seeks to raise up to $100 million to set up a company to invest in local and international alternative funds managers.
Limited SOA capability goes west
WA super fund Westscheme will get the resources it needs to answer simple questions from members, under a proposal it is awaiting from financial planning partner, Industry Funds Financial Planning (IFFP).
Turning financial planning into an art form
Hobart adviser Kristian Falconer gave up art for finance but she still applies her eye for detail in creating plans for her clients.
Last year’s model: why even institutional investors get fooled by the past
For those investors who still like to try to pick next year’s top-performing asset class, the Russell Investment Group’s annual long-term performance numbers for the major asset classes after fees and taxes, published last week in association with the ASX, should provide interesting reading.
STRIPES | Emerging Markets Accelerator
Ord Minnett offers investors access to some of the world’s largest global emerging markets.
Mercer Income Plus Fund
Mercer combinestraditional and alternative asset classes for its latest multi-manager offering.
