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Showing 241 - 250 of 282 results for "Mutual fund"

Past performance still a bad future indicator: S&P

ALEX DUNNIN  |  WEDNESDAY, 31 JAN 2007
... performance alone as a leading indicator, S&P nonetheless said the top funds have many things in common. Rosanne Pane, S&P mutual fund strategist, said, "The characteristics of top performing funds are similar. On average top funds tend to have more ...

Reuters crosses data wires with DSTi

Reuters has teamed up with asset management software group DST International (DSTi) to create a joint platform for the leading newswire's market data service Reuters DataScope Select. "The combination of DSTi's Solutions for the investment management ...

PIS expands footprint into Canada

HAMISH MADDEN  |  FRIDAY, 6 OCT 2006
Acting on its Canadian expansion strategy, Professional Investment Services (PIS) is set to take over a 100-planner strong Canadian financial planning group. PIS had been looking for Canadian expansion opportunities for the past 18 months before making ...

DSTi scoops major software deal

... DSTi's end-to-end products HiPortfolio/3, HiTrust and HiWealth solutions in some 300 bank branches, to be used in the mutual fund and private client fund management operations. "DSTi clearly offered the widest range and depth of functionality in an integrated ...

SEC hits fraudulent insurer with $790m penalty

... (ASIC), has ordered life insurer Prudential Equity Group (PEG) to pay $790 million (US$600 million) for defrauding mutual fund investors. The regulator alleged that former representatives of the insurer were involved in deceptive market timing practices. ...

Big tax hits drive after-tax reporting

KATE HAGE  |  FRIDAY, 18 AUG 2006
The end of financial year has flagged strong profits for some, but as a slew of tax statements are received by investors some are bound to be shocked by hefty bills, highlighting that the domestic industry is a laggard in after-tax reporting. But that ...

One-third of US investors do not read their prospectus: ICI

ALEX DUNNIN  |  TUESDAY, 11 JUL 2006
Research just released by the US-based Investment Companies Institute (ICI) reveals that investors in the US and Australia seem to be struggling with the same information frustrations. The findings from the research, conducted in February 2006 from ...

Dow Jones launches Aussie dividend index

Index giant Dow Jones has added an Australian version to its suite of dividend-focused indices with this month's launch of the Dow Jones Australia Select Dividend 30 Index. The Select Dividend 30 Index will follow the performance of the 30 highest dividend-yielding ...

The feeling is mutual: Aust Unity

... vote, with 75 per cent of these members voting in favour for demutualisation to occur. However, while the 165-year old mutual fund will retain its form for the time being, Castleman said the group will inform members "should circumstances arise that ...

US fund fees plummet 50 per cent in 25 years

ALEX DUNNIN  |  THURSDAY, 18 MAY 2006
US mutual fund fees have plummeted 50 per cent in the past 25 years, driven down by market competition and the impact of changing distribution channels. Research just released by the US Investment Company Institute (ICI) reveals that total average fees ...