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Showing 14571 - 14580 of 18284 results for "Plan"

Direct equities gain ground in platforms

MICHAEL HOBBS  |  FRIDAY, 18 JAN 2008
Fund managers can't afford to be complacent after leading platform groups noted a marked shift of fund flows to direct equities instead of managed funds. Anthony Waldron, superannuation and investment manager at MLC, said that while inflows into their ...

CommInsure tracks lost super

RUTH LIEW  |  FRIDAY, 18 JAN 2008
Commonwealth Bank's insurance arm, CommInsure, has embarked on a mission to help customers track down and consolidate over $2.5 million of their lost super accounts. CommInsure, who administers the SuperTrace Eligible Rollover Fund, have joined ranks ...

K2 to tread lightly in 2008

RUTH LIEW  |  FRIDAY, 18 JAN 2008
Boutique fund manager K2 Asset Management's international absolute return funds have reported positive returns to date, but the first half of 2008 may soon prove to be the toughest challenge yet for its investors. K2's Select International Absolute ...

Life ban for adviser after altering codes

RUTH LIEW  |  THURSDAY, 17 JAN 2008
Disgraced Tasmania-based financial adviser Adam Grant has been permanently banned from providing financial services after being caught manipulating broker codes to siphon commission payments. ASIC banned Grant, who was employed with Shadforths Limited ...

Perpetual FUM falls by $700m

RUTH LIEW  |  THURSDAY, 17 JAN 2008
Diversified fund manager Perpetual Limited takes a $700 million hit in its funds under management (FUM) in December due to dampened investor sentiment. Perpetual announced that its FUM at the end of last year totalled $37.2 billion - 1.9 per cent lower ...

Austock High Yield gets three stars

MICHAEL HOBBS  |  THURSDAY, 17 JAN 2008
Austock Asset Management has extended its reach into the financial planning industry after its High Yield Fund received a three star rating from research specialist Standard & Poor's. According to Austock Asset Management (Austock), the fund is invested ...

Macq wrap adds 12 more funds

RUTH LIEW  |  WEDNESDAY, 16 JAN 2008
Macquarie Wrap today announced that it has included 12 new investment funds across its various platforms during December, bringing the total number of funds to approximately 640. Of significant note is the addition of seven Russell Investment Group ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 JAN 2008
The Australian dollar was weaker at noon as a slide which began overnight on the back of news of banking giant Citigroup's first ever quarterly loss continued through the local morning session. At 1200 AEDT, the Australian dollar was trading at $US0.8823/31 ...

CFS adds muscle to distribution team

RUTH LIEW  |  WEDNESDAY, 16 JAN 2008
Colonial First State has embarked on the next phase of its specialist distribution strategy, recently announcing a staff boost to its distribution team. "About year ago, we agreed to implement a specialist distribution approach to our business. As products ...

Russell adds Plato

MICHAEL HOBBS  |  WEDNESDAY, 16 JAN 2008
Plato Investment Group's 130/30 Australian Share Fund has been granted a 15 per cent weighting on Russell Investment Group Australian Opportunities Fund. The Australian Shares 130/30 Fund endeavors to achieve five per cent gross out performance each ...