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Showing 10231 - 10240 of 11521 results for "DIV"

Magellan puts money where its mouth is

CHRIS NICHOLLS  |  WEDNESDAY, 25 JUL 2007
Magellan Financial Group has launched two unique retail funds that only pay performance fees when returns exceed both a relative market benchmark and 10 year Australian Government Bond yields. The high conviction Global Fund is a market-uncorrelated ...

Fin Synergy welcomes new exec

HAMISH MADDEN  |  TUESDAY, 24 JUL 2007
Software developer Financial Synergy has announced the appointment of a new general manager consulting and business development for its Acurity division. Tim Percy brings more than 17 years experience in IT and management consulting to the role and ...

HFA finds Lighthouse leads to global growth

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
HFA has agreed to purchase US-based alternative investment manager Lighthouse Partners for A$707 million in cash and shares - approximately 11 times Lighthouse's estimated FY08 EBITDA - as the new business focuses on growing its global alternatives ...

Mellon wins $17.5m MFS mandate

CHRIS NICHOLLS  |  MONDAY, 23 JUL 2007
Mellon Global Investments Australia has won a $17.5 million mandate from MFS Investment Management (MFSIM) to manage their Premium Income Fund. Managed by the Australian-domiciled Mellon Global Bond Alpha Trust, the trust actively invests in global ...

Centric engages in three-way merger

CHRIS NICHOLLS  |  FRIDAY, 20 JUL 2007
Centric Wealth today announced its merger with Melbourne-based advisory business Gaddie Metz Kahn and Sydney-based Myers Business Partners, giving it access to the Melbourne market and expanding its Sydney base. The merger will generate a new accounting ...

Absolute differences among hedge funds

WWW.THESHEET.COM  |  FRIDAY, 20 JUL 2007
The hedge fund industry was working hard yesterday to distance itself from Basis Capital, which notified investors late on Wednesday that it was in default on margins loans and faced a forced sale of assets that may result in a return of less than 50 ...

Stay out of residential investments: APN

CHRIS NICHOLLS  |  WEDNESDAY, 18 JUL 2007
Investors should consider avoiding residential property in favour of more diversified property investments, according to Mike Doble, director of retail at APN Funds Management. Doble said that with low liquidity, accessibility and high entry costs ...

WRF taps demand for alternatives

WRF Securities has signaled its plans to be a major player in global property and alternative assets after it appointed industry stalwart Maurice Kluge to the top job. Maurice Kluge, formerly head of property funds management at Allco, was appointed ...

Aviva reshuffles its global deck

CHRIS NICHOLLS  |  WEDNESDAY, 18 JUL 2007
Aviva has undertaken a global restructuring program, switching from two product-based divisions to four regional sectors and upping Australia's role in the Asia Pacific region. The restructure sees former Norwich Union chief executive officer Simon ...

Avanteos platform fails to find buyer

CHRIS NICHOLLS  |  TUESDAY, 17 JUL 2007
The Commonwealth Bank has failed to attract a buyer for its Avanteos platform, after bids from potential buyers did not match their expectations. CBA initially looked at selling Avanteos following a strategic review of its platform business earlier ...