SMSFs breach asset rulesBY MICHELLE BALTAZAR | THURSDAY, 26 FEB 2009 11:15AMMore than half of all SMSF fund breaches last year were due to the fund breaking their "in-house asset" rules, according to a new study, with some trustees effectively using their super fund as their personal cheque account. |
Editor's Choice
IFM looks offshore for renewable lending opportunities
Australia is losing out to the global market and increasingly to Asia when it comes to renewables lending from one of the country's biggest fund managers, with IFM Investors executive director and co-head of APAC diversified credit Hiran Wanigasekera saying the risk-return trade-off is simply better ...
GQG records further outflows despite positive returns
GQG Partners recorded net outflows of $3.3 billion (US$2.3bn) in September, extending a difficult year for the ASX-listed fund manager despite positive investment performance across its four primary strategies.
Mason Stevens farewells managing director
Mason Stevens managing director, global investment service has wrapped up his seven-year tenure at the company.
ASX to defend legal action brought by shareholder
The Australian Securities Exchange said it plans to defend the claims submitted by one of its shareholders on ASX's behalf, stating the applications filed are "not in the best interests of the company."
Further Reading
Products
Featured Profile

Cliff Man
CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD
ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.






