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Showing 14051 - 14060 of 19617 results for "RIS"

Market Wrap - Midday

AAP  |  MONDAY, 28 FEB 2011
The Australian dollar was higher on Monday, as business indicators data for the December quarter increased market optimism ahead of GDP data due out this Wednesday. At 0700 AEDT on Monday, the local unit was trading at 101.41 US cents, up from 101.21 ...

Alphinity grows new business

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
New funds management firm Alphinity Investment Management has enjoyed a flying start after taking over two Challenger products late last year. The Alphinity Concentrated Australian Share Fund, formerly known as the Challenger Select Australian Share ...

FRM attracts $25m inflows

ELISE BURGESS  |  MONDAY, 28 FEB 2011
Financial Risk Management (FRM), a global hedge fund of fund investment firm, launched its offshore fund FRM Sigma, investing in a globally-source portfolio of Commodity Trading Advisers (CTAs) that specialise in managed futures. A managed futures account ...

Opposition slams opt-in policy

MATT WOODINGTON  |  MONDAY, 28 FEB 2011
Shadow Assistant Treasurer Senator Mathias Cormann has described the government's proposed opt-in policy as 'fundamentally flawed'. Speaking to delegates on the final day of the SPAA conference in Brisbane, Cormann said that the opposition does not ...

New rules on bank liquidity clarified

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
The Australian Prudential Regulation Authority (APRA) has clarified its definition of liquid assets that the banking industry must hold from 2015. In the wake of the global financial crisis, the Basel Committee on Banking Supervision (Basel Committee) ...

HESTA posts bumper January returns

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
HESTA has reported a stellar monthly investment return for January with all 11 of its options returning positive results. The stand-out performer for the leading health and community services sector fund was International Shares with a 3 per cent gain ...

Dealer groups raise stakes in portfolio mgmt

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
Dealer groups are forming deeper relationships with fewer investment managers, resulting in a surplus of managers, said Toby Potter, chairman of the Institute of Managed Account Providers (IMAP) at an industry briefing yesterday. Potter said the pool ...

ASIC bans former Storm adviser

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
Former Storm Financial adviser, Stuart Craig Drummond, has been banned from providing financial services for four years following an investigation by the Australian Securities and Investments Commission (ASIC). Drummond was found guilty of making false ...

SG war far from over

ALEX DUNNIN  |  FRIDAY, 25 FEB 2011
The super fund campaign to increase inflows through a forced rise in compulsory contribution levels seems to be stalling with the AIST again maneuvered into coming out to defend the rise from another business lobby attack. "Employers had nothing to ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 FEB 2011
The Australian dollar was higher on Friday morning, on the back of encouraging Australian investment data and a higher oil price. At 0700 AEDT on Friday, the local unit was trading at 100.97 US cents, up from 100.60 cents on Thursday. Since 1700 AEDT ...