Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 311 results for "Unit trust"

IAS gathers momentum

Managed accounts administrator Investment Administration Services (IAS) announced it had over $1.5 billion in funds under administration (FUA) only two years since launch. "This is a milestone for IAS and achieved from a start up position just over ...

Singapore's wealthy to defy global downturn

CHRIS NICHOLLS  |  TUESDAY, 9 OCT 2007
Singapore's fund managers could be in for a battle for new money as the country's focus on exports, international trade and tourism will help it ride out a predicted global economic downturn from 2008-09 and increase the number of wealthy individuals ...

Labour calls for fin services tax reforms

Chris Bowen, Labor's Shadow Assistant Treasurer, has said that a Labor Government would introduce tax reforms to help Australia become the centre of funds management in Asia. Speaking at the Investment & Financial Services Association's (IFSA) annual ...

ASIC calls for comment on MIS liquidity

HAMISH MADDEN  |  WEDNESDAY, 4 JUL 2007
The Australian Securities and Investments Commission (ASIC) has issued a consultation paper proposing revised guidelines for managed investment schemes (MIS) and the liquidity responsibilities of managers. The paper addresses MIS manager responsibilities ...

Govt sweetens tax on property trusts

HAMISH MADDEN  |  WEDNESDAY, 4 APR 2007
... amending tax laws pertaining to property trusts to provide a CGT roll-over for investors in a stapled group where a unit trust has been interposed between the stapled group and stapled entities. The Government will also make legislative amendments to ...

DeAM sets sights firmly on alternatives

MICHELLE BALTAZAR, HAMISH MADDEN  |  FRIDAY, 23 MAR 2007
... manages around $3 billion in funds locally, will buy Deutsche's Australian equities and fixed income and money market unit trust business with $3.5 billion FUM, an equity segregated mandate business with $3.2 billion FUM, a fixed income and money market ...

Hedge fund crosses the Rubicon

Sick of hearing critics complain about management fees charged by hedge funds, local hedge fund of funds (FOF) provider Rubicon Asset Management has launched a hedge fund platform with no management fees attached. "The impact of high fee structures ...

MIR scores $100m from Catholic Super and Retirement

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
... the back of the new MIR mandate. The direct investment mandate through MIR is part of a CSRF strategy to phase out unit trust holdings to improve reporting transparency and control over individual company holdings. Greg Cantor, chief executive officer ...

OptiMix adds emerging markets to diversified portfolio

HAMISH MADDEN  |  MONDAY, 18 SEP 2006
... Successfully launched last year, OptiMix in India gives the portfolio exposure to Karma Capital, Reliance Capital AMC, Unit Trust of India and Religare Securities. Calligeris said the managers were all chosen for their synergies within the portfolio. ...

ASIC bans ex-Genesys adviser

... Partners. But Genesys fired Clifton after the company found he was operating a private investment trust called Phalona Unit Trust in the Hunter region of NSW which was not on Genesys' authorised products list. Worse, Clifton apparently transferred most ...