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Showing 2921 - 2930 of 5511 results for "September 2008"

Wellington Capital to take PIF case to High Court

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Wellington Capital has said it will take the Premium Income Fund (PIF) case to the High Court after the Federal Court ruled that distribution of PIF shares to Asset Resolution Limited (ARL) was invalid. The rule overturns an early decision of the same ...

Volatile safe-haven bonds

BENJAMIN ONG  |  THURSDAY, 30 MAY 2013
Times like these, I really wish I had a twitter account and most importantly...know how to use it. Then I could just hashtag "what I said yesterday" and I'm done. Finito. Wall Street closed down overnight from up the night before. Like I said, markets ...

Midwinter puts planning software into the cloud

LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
Midwinter has integrated all its planning tools into the Advice Operating System (AdviceOS), software that planners can access from the cloud. The software is fully compliant with Future of Financial Advice (FoFA) regulations and includes client engagement ...

Li gets what Li likes

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2013
Nothing beats a three-day long weekend break to put things back into perspective it seems. Wall Streeters returned from the "Memorial Day" holiday with a bounce in their steps sending America's benchmark indices on a rebound. The Dow closed 0.7% up ...

Perpetual hires new distribution manager

MARK SMITH  |  TUESDAY, 28 MAY 2013
Perpetual has appointed Dean Winterton as general manager distribution for its Perpetual Investments business. Winterton will be responsible for driving inflows via a targeted sales and marketing strategy aimed at reducing redemptions and growing the ...

Planner and investor concern hits three-year low

MARK SMITH  |  THURSDAY, 23 MAY 2013
A drop in investor concern to its lowest level during any point in the global financial crisis (GFC) has prompted a wave of investment into managed funds, according to a new survey from Investment Trends. The March 2013 Planner Direct Equities and SMA ...

Former Bell Potter adviser sentenced to 5 years jail

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
A former Bell Potter Securities adviser has been sentenced in to five years jail with a non-parole period of three years and nine months for fraudulent conduct that cost investors more than $1.6 million. The sentence comes after an Australian Securities ...

Peak6 $1bn capital raise boosted by Aussie instos

MARK SMITH  |  MONDAY, 20 MAY 2013
US hedge fund manager Peak6 has soft-closed its new Achievement fund after attracting significant inflows from Australian investors. The fund, which launched in September 2012, has already reached the $1 billion in funds under management (FUM) milestone ...

Quo vadis dollar-A?

BENJAMIN ONG  |  MONDAY, 20 MAY 2013
Aussie! Aussie! Aussie! Dive! Dive! Dive! You've heard the news - our very own currency is top of the pops no more, it's made one hell of celebrity splash over the past week as it fell below parity against the big dollar and continued to head down ...

Cbus chair Steve Bracks to resign

ALICE URIBE  |  FRIDAY, 17 MAY 2013
Cbus chair Steve Bracks will resign as chair of the Cbus board to accept a federal government position as Australian Consulate-General in New York. Bracks joined the board in 2009 and his resignation will become effective from 1st September 2013. "Under ...