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Showing 2011 - 2020 of 2994 results for "February 2006"

Market Wrap

AAP  |  WEDNESDAY, 29 MAY 2013
The Australian share market is set for a relatively flat start despite Wall Street's rise to a new record high. Strong gains in US home prices and consumer confidence pushed the the Dow Jones Industrial Average to 15,409.39, its highest ever level. ...

ASIC to accept submissions for 'hedge fund' definition

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
The Australian Securities and Investments Commission (ASIC) will consider submissions from the industry in order to refine the definition of 'hedge fund'. The announcement follows concerns over the current definition of 'hedge fund' and affects a number ...

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
The Trust Company looks set to become part of Perpetual after its board unanimously agreed the asset manager's offer was "superior" to a counter bid from Equity Trustees (EQT). In an announcement to the Australian Securities Exchange (ASX), The Trust ...

Peak6 $1bn capital raise boosted by Aussie instos

MARK SMITH  |  MONDAY, 20 MAY 2013
US hedge fund manager Peak6 has soft-closed its new Achievement fund after attracting significant inflows from Australian investors. The fund, which launched in September 2012, has already reached the $1 billion in funds under management (FUM) milestone ...

Planner numbers drop on FoFA changes

ALICE URIBE  |  FRIDAY, 17 MAY 2013
Overall numbers of financial planners have dropped by 2% from a 2012 high point of 18,545 in 2012 according to recent Rainmaker research. According to the research there are currently 18,096 planners in Australia, with a loss of 450 from 2012. "On the ...

It doesn't compute

BENJAMIN ONG  |  FRIDAY, 17 MAY 2013
You kiddin' me? Are...you...kidding...me? The financial press (or is it presses?) are full of it this morning. Wall Street's down overnight because of bad eco stats and surveys and not good expectations on QE. My, my...how many times have we heard it ...

Will stocks follow Fed exit to the exits?

BENJAMIN ONG  |  TUESDAY, 14 MAY 2013
It's not easy to keep on climbing for three weeks straight, or for seven of the past eight days without resting and taking in the view from the top you know. That's why Wall Streeter's could be forgiven for taking a breather last night but...in this ...

BT expands Wrap Capital Protection funds

LAURA MILLAN  |  MONDAY, 13 MAY 2013
BT Financial Group has expanded the list of managed funds eligible for Wrap Capital Protection as a response to the demand for more retirement-based products. The number of funds accessible from BT's platform has almost doubled, and has gone from 80 ...

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
Down, down A$ is down. Here's looking at you, parity. Was it the Reserve Bank of Australia (RBA)'s 25 basis pint reduction in the official cash rate last week and RBA Governor Stevens' promise to do more "should that be necessary to support demand" ...

The Trust Co recommends Perpetual merger

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The Trust Company board has recommended unanimously that its shareholders support the Perpetual proposal to acquire 100% of its shares. The Perpetual proposal would result in shareholders receiving 0.1495 Perpetual shares for each share held in The ...