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Showing 2451 - 2460 of 4774 results for "July 8"

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
AMP Capital has responded to LIM Advisors' second open letter about winding up the China Growth Fund (AGF), saying it is "not a fair reflection of the actions [AMP Capital] has taken." On July 21, LIM issued a second letter to AGF unitholders, which ...

Hedge funds battle identity crisis

DARREN SNYDER  |  MONDAY, 25 JUL 2016
You could be forgiven for thinking hedge funds are facing a global identity crisis upon reading some of the latest research distributed across the institutional investment industry, but there are plenty of Australian managers and representatives willing ...

New income fund launches

DARREN SNYDER  |  THURSDAY, 21 JUL 2016
A global asset manager is launching its second multi-strategy fund in Australia with the intention of delivering annual income of 4% above the RBA cash rate. Aligning with the idea that investors want their money to work hard and be protected in all ...

Industry fund hires strategic relations GM

DARREN SNYDER  |  THURSDAY, 21 JUL 2016
One of Australia's largest industry superannuation funds will welcome its new general manager strategic relations next week with a responsibility to elevate fund relationships for its two million members and more than 170,000 employers. Joining REST ...

Magellan launches third ASX-quoted active fund

MARK SMITH  |  TUESDAY, 19 JUL 2016
Magellan Financial Group is launching an ASX-quoted version of its top-performing listed infrastructure fund. The Magellan Infrastructure Fund (Currency Hedged) is expected to commence trading on the ASX with the code MICH on 22 July 2016. The new exchange-quoted ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
InPayTech executive chairman and financial services stalwart Don Sharp is calling out regulatory challenges faced by Australian fintechs and is encouraging the federal government to take a long-term view on disruptive industry legislation. The comments ...

AMP gets court date for China fund appeal

ALEX BURKE  |  TUESDAY, 19 JUL 2016
AMP Life has been given a hearing date for its appeal of the Supreme Court ruling preventing it from voting on resolutions at the AMP Capital China Growth Fund (AGF) extraordinary general meeting. The Supreme Court decided on June 22 that AMP Life ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 18 JUL 2016
Australia's commonwealth debt hits $425 billion Australian commonwealth debt, measured by commonwealth debt securities on issue and managed by the Australian Office of Financial Management (AOFM), stood at $425 billion on Friday July 15. This is up ...

Keybridge hits back at Bentley on ASX

ALEX BURKE  |  FRIDAY, 15 JUL 2016
Keybridge has defended its public criticisms of shareholder Bentley Capital on the ASX. As reported in Financial Standard on July 12, Bentley Capital hit back at Keybridge chair Andrew Moffatt's statements on the ASX. Moffat, whom Bentley is proposing ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 JUL 2016
Australian employment The number of Australians who found jobs in June may have been less than market expectations - up 7,900 versus consensus forecast for a 10,000 increase - but the underlying details of the report provided positive underpinnings ...