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Showing 131 - 140 of 170 results for "Will Main"

Future Fund books 4.2pc loss

FUTURE FUND UPDATE  |  FRIDAY, 4 SEP 2009
The Future Fund rode the latest quarter market recovery when it gained 5.1 per cent in the three months to June, but posted a 4.2 per cent loss for the financial year (ex Telstra). The fund's Telstra shares of around two billion gained 4.9 per cent ...

Macquarie buys Delaware Investments

RUTH LIEW  |  THURSDAY, 20 AUG 2009
Macquarie Group has entered into an agreement to buy Delaware Investments for $516 million - a move that deepens Macquarie's footprint in North America and adds a further $150 billion into its assets under management. Philadelphia-based Delaware currently ...

S&P puts 12 CFS funds 'on hold'

ALEX DUNNIN  |  FRIDAY, 17 APR 2009
Standard & Poor's Fund Services has placed 12 Colonial First State's (CFS) small-cap growth funds 'On Hold'. The dramatic move follows the announcement that the small-caps lead portfolio manager Raaz Bhuyan is transferring across to the CFS's large-cap ...

Doors open for new ETFs

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
Barclays' decision to place its leading exchange traded funds (ETFs) business, iShares, up for sale has the potential to change the sector's dynamic and lower the barrier to new entrants. The company has released a brief statement overnight confirming ...

Magellan Global tops overseas shares manager list

MICHELLE BALTAZAR  |  TUESDAY, 20 JAN 2009
In a market that fell by as much as 50 per cent last year, Magellan Global bucked the trend by posting a 1.3 per cent loss, pushing it to the top of the league tables of overseas shares managers for 2008. As a fund manager that has only been around ...

Industry funds turn to listed assets

RUTH LIEW  |  TUESDAY, 13 JAN 2009
Unlisted assets will soon take a back seat as industry funds eye "good value" assets in the listed space in 2009, according to Frontier Investment Consulting. Frontier, which has approximately $97 billion in funds under advice, is taking a cautious ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The Commonwealth Bank of Australia has purchased BankWest and St Andrew's Australia for $2.1 billion. Commonwealth Bank is determined to keep its strong capital position and intends to fund the purchase price by undertaking a $2 billion accelerated ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
This Week's Market Movers (1 - 5 Sep 2008) Four of the world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) ...

Investing by 2020

Fund managers struggling to deliver pure alpha now will have an even tougher time by 2020 as new technologies and competition transform what is considered alpha today to beta tomorrow, said Harry Liem, senior associate at Mercer's investment consulting. ...

NAB establishes new boutique incubator

CHRIS NICHOLLS  |  THURSDAY, 1 NOV 2007
National Australia Bank Group has established a new boutique incubator division, nabInvest, to help expand the company's presence in the boutique space. Garry Mulcahy, who returned from the UK for the position, will be the new division's chief executive. ...