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Showing 2731 - 2740 of 3265 results for "January 31"

Treasury boutiques gain inflows

MICHAEL HOBBS  |  FRIDAY, 5 JUN 2009
Treasury Asia Asset Management (TAAM), RARE Infrastructure and Orion Asset Management have received inflows in the past month after a seven-month dry spell, suggesting some instos are dripfeeding capital back into boutiques. "Clients were frozen for ...

Legg Mason shuts down defensive trust

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
Legg Mason has closed its wholesale defensive trust, citing its FUM of less than $10 million made it impractical to continue offering the product. According to a May update of the fund, which has $9.5 million in funds under management, the fund manager ...

CMC continues broking push

MICHELLE BALTAZAR  |  MONDAY, 25 MAY 2009
CFD provider CMC Markets ploughs more resources into its stockbroking arm as ongoing consolidation and tighter capital adequacy rules imposed on smaller brokers open up more opportunities in the sector. Traditionally catering for Contracts for Difference ...

Planners face higher PI fees

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
The Australian Securities and Investments Commission's (ASIC) dispute resolution scheme overhaul means financial planners may be forced to pay higher professional indemnity premiums and their clients could face higher fees. The new rules mean that from ...

FX trader guilty of $360k fraud

ASIC RELEASE  |  TUESDAY, 12 MAY 2009
Brisbane-based resident Brett Tony Best has pleaded guilty to running an illegal managed investment scheme (MIS), which enabled him to dupe more than 200 south-east Queenslanders out of $360,000 in funds. Best, 39, pleaded guilty to one charge of dishonestly ...

Mercer wins NGS Super mandate

RUTH LIEW  |  WEDNESDAY, 6 MAY 2009
The $2.6 billion industry super fund NGS Super has appointed Mercer as its administrator and financial advice provider to its members. Mercer announced yesterday its appointment to oversee the non-Government schools industry fund's member services ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 MAY 2009
The Australian share market has received flat leads from Wall Street, with key indices, oil and copper ending marginally lower, while precious metals were higher. At 0731 AEST on the Sydney Futures Exchange, the March SPI futures index was up ten points ...

Precious metals ETCs in vogue

COMPANY RELEASE  |  FRIDAY, 1 MAY 2009
Investors wary of equity market volatility are flocking to precious metals exchange traded commodities - a sector that has seen substantial inflows following the GFC, said ETF Securities. ETF Securities has seen inflows surge into its physically backed ...

Instreet a hit with planners

MICHELLE BALTAZAR  |  THURSDAY, 30 APR 2009
Sydney-based boutique firm Instreet Investment raised nearly twice its initial target of $20 million in an Australian equities product that taps into planner demand for "certainty" in the midst of the global financial crisis. The asset manager celebrates ...

The good in the bad news

BENJAMIN ONG  |  THURSDAY, 30 APR 2009
Sometime ago, I quoted Camp Quality's - an Australian children's family cancer charity organization - TV ad, 'Don't underestimate the power of optimism'. Wall Street lived this statement overnight with both the S&P 500 and the Dow rising by more than ...