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Showing 10141 - 10150 of 10710 results for "May 2012"

Telstra Super allows public access

The Telstra Superannuation Scheme has applied for a licence to enable it to become a public offer fund. Granting of the licence will allow the fund to accept contributions from members of the general public once Choice of Fund legislation is introduced ...

Wealthy defy weakening property trend

High net worth investors are defying concerns about increasing interest rates and stagnant property prices by continuing the momentum of buying and selling properties and upgrading their homes. "There is a radical change in how the wealthy view the ...

ASIC assesses churning and misselling

ASIC has announced its intention to examine how well financial advisers are complying with new legislation regarding advice to switch financial products. The Financial Services Reform Act introduced a number of obligations to discourage financial advisers ...

Five-year ban for portfolio manager

ASIC has given Raydn Nolan a five-year ban from the financial services industry after finding he operated a discretionary portfolio management business without holding an appropriate licence. Nolan ran the business between October 1993 and May 2002 ...

All signs point to an economic deceleration

New economic data for the month of October 2004 has been released revealing a reduction 0.7 per cent in the value of retail trade and a 2.4 per cent drop in building approvals. On an industry groups basis the fall in retail trade was driven mainly by ...

More confidence in financial planners

A CPA Australia survey has revealed increased investor and business confidence in financial planners. CPA Australia manager financial planning Chris Benson said the feedback was encouraging for the industry following the Australian Consumer Association ...

PM Capital Australian Opportunities fund closes

After reaching its $500 million target PM Capital will close its Australian Opportunities Fund to new investments. The concentrated long/short Australian equity fund will be closed from the end of December. Existing unitholders may however continue ...

Mariner parks infrastructure trust at Opera House

Financial services group Mariner has launched an infrastructure trust with the Sydney Opera House's car par as its principal asset and offering tax deferred returns of up to 19.8 per cent. The Mariner Infrastructure Trust No.1 was made possible after ...

ING on the right track

In recent times ING's Wholesale Australian Share Trust has been battling both performance problems and personnel issues but a refinement in strategy coupled with new staff appointments see the fund well placed for a reversal of fortunes. While the fund ...

Institutional investors warm to hedge funds

The growing participation from the institutional sector in hedge funds is set to change the industry's dynamics as investors demand an increase in accountability and transparency. The second annual Hedge Fund Forum held in Sydney opened with a panel ...