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Showing 13611 - 13620 of 21805 results for "Dec"

ASIC freezes defendants' assets in Wickham case

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders to freeze the assets of the 15 defendants in the legal proceedings against Wickham Securities executives. The defendants include eight companies related to Wickham founder ...

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
Industry Funds Management (IFM) has set January 2014 as the start date for its expected, wide-ranging fee reduction. The fund manager which oversees $44 billion in assets first announced the Global Pricing Review in November 2011 and had planned to ...

Submit your SMILEYS 2014 entry now

STAFF WRITER  |  MONDAY, 22 JUL 2013

EQT extends offer period for The Trust Company

LAURA MILLAN  |  MONDAY, 22 JUL 2013
Equity Trustees (EQT) have extended the period of their offer to acquire The Trust Company by more than one month. In a letter sent to The Trust Company shareholders, EQT said that the offer will now close on September 30. EQT also confirmed that meetings ...

Hedge funds can reduce risk, despite reputation

MARK SMITH  |  FRIDAY, 19 JUL 2013
Despite their growing popularity, particularly in the institutional space, hedge funds are still widely misunderstood by investors - they often have a reputation for being high risk, expensive, illiquid and difficult to access. But according to BlackRock ...

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
UBS Securities Australia has paid a fine of $30,000 after a misplaced decimal point caused the price of a BetaShares ETF to fall by 99%. Markets Disciplinary Panel (MDP) issued an infringement notice for the breach of market integrity rules. On 16 December ...

ASIC seeks to wind up of LM mortgage income fund

MARK SMITH  |  FRIDAY, 19 JUL 2013
ASIC has finalised its court submissions to decide the future of the multi-million LM First Mortgage Income Fund (FMIF), following the collapse of the fund manager in March. Court proceedings were started by two FMIF investors seeking orders for the ...

FPA granting consumers inside access to funds management industry

MARK SMITH  |  FRIDAY, 19 JUL 2013
The Financial Planning Association (FPA) is inviting planners to show their clients an insider's view of the financial services industry through an industry event in Sydney in October. The FPA is holding a breakfast for planners and their clients at ...

One in five ASX200 companies ignoring social media

MARK SMITH  |  FRIDAY, 19 JUL 2013
More than one in five of Australia's largest companies are failing to make use of social media, according to a study by business researcher BRR Media. While the majority of ASX200 companies increased their social media usage in the past year, BRR's ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...