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Showing 1251 - 1260 of 1395 results for "MAG"

Advisers want transparency from licensees

ALEX DUNNIN  |  MONDAY, 7 MAY 2007
Adviser groups charging their franchisees too much is forcing practices to consider switching groups or whether they should set up on their own, said Darren Wise, managing director of Financial Planning Services Australia (FPS). "Some adviser practices ...

AUI JVs a winning formula

Australian Unity Investments (AUI) has more than doubled its funds under management (FUM) to over $5 billion in under three years thanks to its joint ventures with top-performing boutique fund managers. As more and more star fund managers leave big ...

Billion dollar baby

CHRIS NICHOLLS  |  THURSDAY, 3 MAY 2007
Forget oil or dotcoms, the best way to make money fast is hedge fund management, according to Alpha magazine's top 25 rankings of hedge fund earners, with 2006 winner James Simons personally pulling in a staggering US$1.7 billion. In comparison, last ...

Magellan next gen boutique

ALEX DUNNIN  |  FRIDAY, 20 APR 2007
The launch of Magellan Financial Group (MFG) signals the dawn of the next generation of boutique financial services companies that are not just specialist manufacturers but integrated and sustainable businesses. MGF evolved in 2006 from the recapitalised ...

CHOICE rates reverse mortgages

ALEX DUNNIN  |  MONDAY, 16 APR 2007
CHOICE has reviewed 23 reverse mortgages against a range of what it believes are "good practice" standards and found 10 to be satisfactory, 11 to be not good enough and two to be poor. The results are published in the latest CHOICE consumer magazine ...

Mortgage brokers bounce back in latest mystery shop

Mortgage and Finance brokers have beaten stereotypes to come up well in a survey of 104 members by the Mortgage and Finance Association of Australia, contrasting sharply with a recent CHOICE magazine report criticising the integrity of brokers selling ...

FUM surges to $1.4 trillion

ALEX DUNNIN  |  WEDNESDAY, 11 APR 2007
Funds under management from Australian investors surged $213 billion or 18 per cent during 2006 to reach nearly $1.4 trillion, according to figures released in the latest Rainmaker Information Roundup report. Strong investment returns helped drive the ...

Magnitude to grow FUA by 50 per cent

Magnitude Financial Planning has reached more than $1 billion funds under administration (FUA) and is set to gain an additional $500 million more in the next three months. The BT-owned dealer group was set up in February last year and has gone from ...

Market wrap - morning

AAP  |  THURSDAY, 5 APR 2007
The Australian share market is expected to open firmer as Iran's release of captured British servicemen led to a decline in oil prices, boosting Wall St. On the Sydney Futures Exchange at 0815 AEST, the June share price index contract was down three ...

Bad will hunting

An estate planning expert has warned that the simpler super legislation effective July this year magnifies a number of estate planning traps and urged those aged 50 or over to review their will and adjust it according to the new super rules. Trust's ...