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Showing 1191 - 1200 of 1647 results for "Division 305"

Macq sovereign bond fund scoops $300m

MICHELLE BALTAZAR  |  TUESDAY, 16 FEB 2010
Macquarie Funds Group has attracted $300 million of institutional money in a new fund that tracks index returns of sovereign bonds, with no management fees attached. Today Macquarie launched the Macquarie True Index Sovereign Bond fund, a fund that ...

Asian equities to open up

COMPANY RELEASE  |  TUESDAY, 9 FEB 2010
A new technology deal struck by major Asia-Pacific stock exchanges with NYSE Technologies this month could pave the way for more Australian investors to buy Asian equities much easier than before. According to a press statement, Bursa Malaysia (BM) ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

APRA targets illegal early release on super

RUTH LIEW  |  MONDAY, 8 FEB 2010
Planners should take note of how they can help clients combat the illegal early release (IER) of super benefits, following APRA's letter last week to super fund trustees vulnerable to the practice. In the letter, APRA specifically targets IER involving ...

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
State Street has agreed to pay more than $340 million in settlement to the SEC's charges on misleading investors about their exposure to sub-prime investments. According to the SEC, State Street also selectively disclosed more complete information to ...

Schroders wins business from super portfolio review

MICHAEL HOBBS  |  WEDNESDAY, 3 FEB 2010
Schroder Investment Management Australia is benefiting from a market trend where some super funds are pouring more money into fixed income assets. Simon Doyle, head of fixed income and multi-asset at Schroders, said the fixed income division is receiving ...

Financial services execs gain Aus day honours

MICHAEL HOBBS  |  TUESDAY, 2 FEB 2010
Industry heavyweights Michael D'Ascenzo, Robert Maple-Brown, and Peter Hall are among those honoured at this year's Australia Day celebrations for their work in and outside the finance industry. D'Ascenzo, ATO commissioner, and Maple-Brown, co-founder ...

Boutique incubators target retail market

MICHAEL HOBBS  |  MONDAY, 1 FEB 2010
Boutique incubators, Ascalon Capital Managers and Treasury Group, are ramping up their retail distribution strategy to broaden their fund managers' funds under management (FUM). Mark Burgess, managing director at Treasury Group, said the firm had spent ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 JAN 2010
The Australian share market had made marginal gains by noon on Thursday ahead of US President Barack Obama's State of the Union address and US December growth figures due on Friday. At 1200 AEDT, the benchmark S&P/ASX200 index had firmed 1.1 point ...

AvSuper appoints NAB

COMPANY RELEASE  |  MONDAY, 25 JAN 2010
Canberra based superannuation fund, AvSuper Fund has reappointed NAB as its provider of master custody and investment reporting services. NAB's asset servicing division has supported AvSuper's custody requirements since 1998. NAB's reappointment follows ...