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Showing 2191 - 2200 of 3289 results for "Smith"

Market Vectors ETFs appoint two directors

MARK SMITH  |  MONDAY, 22 JUL 2013
Market Vectors ETFs, the exchange traded fund business of Van Eck Global, has appointed two directors for its new Australian business. Matthew McKinnon has joined as director for intermediary and institutional, responsible for institutional and intermediary ...

Fidelity Worldwide Investment cuts minimum investment amounts

MARK SMITH  |  MONDAY, 22 JUL 2013
Fidelity Worldwide Investment (Fidelity) has reduced the minimum initial investment amount required for all its funds in Australia from $500,000 to $25,000. Before this, Fidelity's product range had been available for a minimum initial investment amount ...

Hedge funds can reduce risk, despite reputation

MARK SMITH  |  FRIDAY, 19 JUL 2013
Despite their growing popularity, particularly in the institutional space, hedge funds are still widely misunderstood by investors - they often have a reputation for being high risk, expensive, illiquid and difficult to access. But according to BlackRock ...

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
UBS Securities Australia has paid a fine of $30,000 after a misplaced decimal point caused the price of a BetaShares ETF to fall by 99%. Markets Disciplinary Panel (MDP) issued an infringement notice for the breach of market integrity rules. On 16 December ...

FPA granting consumers inside access to funds management industry

MARK SMITH  |  FRIDAY, 19 JUL 2013
... prospective clients to the function which includes access to the first plenary session opened by VC winner Benjamin Roberts-Smith. Roberts-Smith is the most decorated soldier in the Commonwealth and will be providing his insights into leadership and ...

ASIC seeks to wind up of LM mortgage income fund

MARK SMITH  |  FRIDAY, 19 JUL 2013
ASIC has finalised its court submissions to decide the future of the multi-million LM First Mortgage Income Fund (FMIF), following the collapse of the fund manager in March. Court proceedings were started by two FMIF investors seeking orders for the ...

One in five ASX200 companies ignoring social media

MARK SMITH  |  FRIDAY, 19 JUL 2013
More than one in five of Australia's largest companies are failing to make use of social media, according to a study by business researcher BRR Media. While the majority of ASX200 companies increased their social media usage in the past year, BRR's ...

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... in the amount of $256,000. Eric Ying Ching Chu was formerly employed by Mortgage Specialists as a trustee for the Janet Smith Family Trust trading as Specialist Mortgage. ASIC banned Chu on the basis that he was not a fit and proper person to engage ...

Giant firms hold sway in infrastructure investment industry

MARK SMITH  |  THURSDAY, 18 JUL 2013
The top 10 infrastructure fund managers by capital raised in the last 10 years accounted for 45% of the total raised by closed-ended infrastructure funds in the last decade, according to alternatives researcher Preqin. In its July edition of Infrastructure ...

Economy 'not running out of puff': Wayne Swan

MARK SMITH  |  THURSDAY, 18 JUL 2013
Former Treasurer and Deputy Prime Minister Wayne Swan has reassured Australians that the economy is 'not running out of puff' with the construction and services sectors well poised to replace the mining sector as drivers of economic growth. In his first ...