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Showing 2011 - 2020 of 2996 results for "February 5"

TASA now likely to include advisers by July 2013

LAURA MILLAN  |  THURSDAY, 30 MAY 2013
The Tax Agents Services Act (TASA) has been tabled to introduce a "financial adviser services" category for advisers and the measure is likely to start on July 1, 2013. The House of Representatives tabled the legislation this week and the bill is expected ...

Prime Value launches concentrated equities fund

LAURA MILLAN  |  THURSDAY, 30 MAY 2013
Boutique fund manager Prime Value has launched its first new fund in almost 12 years, after moving further into the retail space from its family office- focused origins. The Prime Value Opportunities Fund, a concentrated equities fund structured to ...

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 ...