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Showing 2451 - 2460 of 6696 results for "Securities"

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
... clients stood at $16.8 billion at 30 June. Net institutional flows were $5 billion. In an announcement on the Australian Securities Exchange, the company also highlighted that staff numbers rose by almost a fifth to 69 and told investors and analysts ...

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
... managed funds is that MAs are not sold in units. Because they are non-unitised, the investor can control the individual securities in their portfolio and override the decisions of the investment manager. The beauty of the separately managed account (SMA) ...

Allan Gray funds to access mFund through OneVue

STAFF WRITER  |  FRIDAY, 15 AUG 2014
Two Allan Gray funds will be the first OneVue clients to list on the recently-launched Australian Securities Exchange (ASX) mFund. Investors will be able to access the Allan Gray Australia Equity Fund and the Allan Gray Australia Opportunity Fund. The ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... since it obtained its Australian financial services (AFS) license on March 1, 2004. The EU, imposed by the Australian Securities and Investments Commission (ASIC), forces Macquarie to establish a compensation process that mirrors that of Commonwealth ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... corresponds to the costs of the Open Advice Review program and the new licensee conditions imposed by the Australian Securities and Investments Commission (ASIC) on CBA's Commonwealth Financial Planning and Financial Wisdom businesses. "The financial ...

Administrators fined over 'free ' SMSF set up claims

STAFF WRITER  |  TUESDAY, 12 AUG 2014
The Australian Securities and Investments Commission (ASIC)A has ordered a self-managed superannuation fund (SMSF) administration service provider to pay an infringement notice penalty after claiming its service was free. Your Super Accountant has paid ...

Market wrap

AAP  |  TUESDAY, 12 AUG 2014
... comes after gains of more than one per cent on major European indices and a smaller rise on Wall Street. Patterson's Securities economist Tony Farnham said resources and financial stocks were among the best performers. "There's been some support for ...

BetaShares partners with fifth largest US ETF provider

MARK SMITH  |  TUESDAY, 12 AUG 2014
... institutional investors. BetaShares and WisdomTree will also look to develop new products for inclusion on the Australian Securities Exchange (ASX). "Our collaboration with WisdomTree is an important milestone, opening up a large range of innovative ...

Global Wealth Partners to launch fund on ASX

MARK SMITH  |  MONDAY, 11 AUG 2014
... offering of ordinary shares in Global Wealth Partners Fund (GWP) as a first step toward listing the fund on the Australian Securities Exchange (ASX) on 26 September 2014. Sunrise co-presenter David Koch is chairman of the GWP board while former Colonial ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... federal agency responsible for supervising the majority of US banking assets. Schapiro served as the 29th chair of the US Securities and Exchange Commission from 2009 - 2012. The Open Advice Review program was set up after media reports and a Senate ...