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Showing 101 - 110 of 254 results for "Bankrupt"

Low volatility investing exploits low risk anomaly

ALEX DUNNIN  |  TUESDAY, 25 MAR 2014
The fallacy that taking high investment risks by its nature leads to high returns leads to too many investors taking unnecessary risks, said a major European investment manager. Frank Wirds, client portfolio manager at the Netherlands-based investment ...

Pension uncertainty for municipal workers in Detroit

HARRY PAGE  |  FRIDAY, 6 DEC 2013
Municipal workers in Detroit may face losing their pensions as the city copes with its $18 billion debt crisis. According to Bloomberg News a federal judge has ruled that Detroit, the largest U.S. city to file for bankruptcy protection, may cut police ...

Bankrupt adviser gets nine month ban

STAFF WRITER  |  TUESDAY, 3 DEC 2013
... (ASIC) has banned a Queensland-based financial adviser from providing financial services after becoming an undischarged bankrupt. Alistair Frank McCreath, of the Sunshine Coast, has been banned for nine months. The ban will be lifted when McCreath's ...

US market leads the post-Lehman recovery

MARK SMITH  |  TUESDAY, 17 SEP 2013
The US equity market has performed the strongest since the darkest days of the global financial crisis, according to data released by Russell Investments to mark the fifth anniversary of the collapse of Lehman Brothers. Lehman Brothers declared bankruptcy ...

Wickham Securities chairman banned for two years

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
... The Australian Securities and Investment Commission (ASIC) has banned Bradley Thomas Sherwin after he declared himself bankrupt. ASIC is still investigating Sherwin and the collapse of Wickham, Sherwin Financial Planners and related entities. On May ...

Kenyon Partners renames to Connect Financial

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... Investments purchased Kenyon Partners in 2012. The company was originally founded by Alan Kenyon, who declared himself bankrupt in May 2012, relocated to New Zealand and has been unreachable ever since. Paul Tynan is now the firm's chief executive and ...

Greece what?

BENJAMIN ONG  |  FRIDAY, 19 JUL 2013
Was it good for you as it was for me? If you ask the financial markets this question, there surely would be a chorus of "yes it was!" They're still basking in the afterglow of Big Ben Bernanke's comforting words. In fact 'twas so good the Dow and the ...

Kenyon Partners to get new name by October

LAURA MILLAN  |  MONDAY, 8 JUL 2013
... winding up the Kenyon Prendeville firm and splitting with his former partner, Steve Prendeville. Kenyon declared himself bankrupt in May 2012 and relocated to New Zealand, where he has been unreachable by the liquidators of Kenyon Prendeville. According ...

The death of QE

BENJAMIN ONG  |  THURSDAY, 6 JUN 2013
"The fear of death is more to be dreaded than death itself." - Publilius Syrus (Maxim 511) What parent would name his child Publilius? But Pub - the Assyrian who wrote mimes in Latin during the 1 BC - as he was fondly called could have been describing ...

Kenyon Prendeville case could be referred to ASIC

LAURA MILLAN  |  WEDNESDAY, 17 APR 2013
... Prendeville founded Forte Asset Management and Alan Kenyon started the Kenyon Partners firm. Kenyon declared himself bankrupt in May 2012 and relocated to New Zealand, where he has been unreachable by liquidators. Kenyon Prendeville financial statements ...