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Showing 12921 - 12930 of 22881 results for "Funds"

CFS launches range of SMAs

JAMES FERNYHOUGH  |  THURSDAY, 1 MAY 2014
... throughout the next financial year." Stevens said SMAs bring tax advantages benefits over traditional pooled investment funds. "While it's a managed investment scheme, clients get the benefit of the tax positions on those listed securities as if they ...

Port of Newcastle leased for $1.75bn

JAMES FERNYHOUGH  |  THURSDAY, 1 MAY 2014
... consortium of investors including the Chinese government, for $1.75 billion. The consortium is comprised of Australia's Hastings Funds Management and China Merchants, a Chinese state-owned corporation. NSW Premier Mike Baird said the $340 million of ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
... 11% with operating income up 8% and expenses up 7%. The bank said underlying performance was strong, driven by growth in funds under management (FUM) and inforce insurance premiums, as well as an improved claims and lapse experience, with retail lapse ...

BTIM on the hunt for new investment teams

MARK SMITH  |  THURSDAY, 1 MAY 2014
... Investment Management is targeting experienced investment teams with strong track records at rival firms as it looks to grow its funds management capability, chief executive Emilio Gonzalez said. The company boss said the group would not rest on its ...

BetaShares passes $1bn milestone

MARK SMITH  |  THURSDAY, 1 MAY 2014
ETF provider BetaShares has surpassed $1 billion in funds under management (FUM), three and a half years after launching its first products in the Australian market. Reaching the milestone cements the firm as Australia's fourth largest ETF manager by ...

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 1 MAY 2014
... and costs of such purchases. In determining how long to maintain the current 0 to 1/4 percent target range for the federal funds rate, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent ...

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... panel is incorrectly constituted and that it cannot proceed." He said that with a correctly constituted panel more retail funds would apply to be included on awards, in the event that legislation did not get through the Senate. But the FSC's legal action ...

BTIM posts strong half year numbers

MARK SMITH  |  WEDNESDAY, 30 APR 2014
... opportunities for the business." Overall fee revenue of $255.3 million was 91% higher than the same period last year, while average funds under management increased 26% on last year to $61.3 billion. Base management fees rose 40% to $137.8 million driven ...

New fund to give retail investors access to volatility index

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
Grant Samuel Funds Management and Triple3 will launch the Triple3 Volatility Advantage Fund, which will give retail investors exposure to options on the VIX Index. The fund to launch next week and requires a minimum investment of $25,000. "We are hoping ...

OneVue pitches Managed Accounts to industry funds

ALEX DUNNIN  |  WEDNESDAY, 30 APR 2014
Managed account provider OneVue is pitching its services to industry super funds that may be looking to add low cost platform functionality in an effort to meet the investment needs of high-end fund members who may otherwise be tempted to set up their ...