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Showing 10151 - 10160 of 10717 results for "May 1997"

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 ...

Investing pre-tax or post tax? That is the question: Navigator

According to Navigator research manager Stuart Fechner some investment decisions can be attractive on an after-tax basis but unattractive on a pre-tax basis causing dilemma as fund managers are measured against each other by asset consultants and research ...

ASFA slams government's proposed tax law amendments

The government's proposed Tax Laws Amendment (Superannuation Reporting) Bill 20004 to abolish quarterly reporting by employers of superannuation payments could jeopardise the safety of super said ASFA. The bill, which could come into effect from January ...

APRA bolsters research team

APRA has upgraded its research team with the appointments of Dr Neil Esho, Professor Ian Sharpe and Dr Wilson Sy to its in-house research unit. APRA's chairman John Laker said applied research is critical in helping APRA identify some of the risk issues ...