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Showing 2981 - 2990 of 2994 results for "February 2011"

Hedge fund performance falls 0.1% in February: VHFA

The Van Global Hedge Funds Index fell by 0.1 per cent in February as even the relative success of short selling, macro and distressed securities strategies failed to help the Index as a whole ensure a positive return. "Excluding the impact of funds ...

Unemployment rate falls to 6% in February: ABS

John Fernando Australia's unemployment rate fell 0.1% from January to 6% in February, but the number of people in work has actually decreased, according to figures released today by the Australian Bureau of Statistics (ABS). The total number of people ...

Investor Group picks up Stockford's Collins Street business

Paul Cully Investor Group today announced the purchase of the Collins Street financial services business from troubled Stockford in a part cash-part equity deal. Investor Group will pay $2 million in cash and 500,000 shares for the Melbourne CBD acquisition. ...

Survey confirms fall in business confidence for February

John Fernando Rising geo-political tensions and weakening equity markets are increasingly impacting on business investment and the employment sector, according to the National Australia Bank's (NAB) monthly business survey for February. According to ...

Super fund returns at lowest since 1987: InTech

John Fernando Australia's growth oriented superannuation funds have recorded their worst 12-month returns since the 1987 stock market crash, according to research house InTech's latest research. The dismal results come in the wake of another poor month ...

Merrill Lynch gets three star Aus equities rating: Morningstar

Paul Cully Merrill Lynch Investment Managers (MLIM) has been given a three star Australian equities rating by Morningstar, although future performance is likely to be hampered by the February departure of Steve Gliddon from the team, the ratings house ...

Perpetual loses $1.1 billion of worth of funds in February

Paul Cully Perpetual Investments today reported a $1.1 billion outflow in funds under management (FUM) in February, down to $16.4 billion on February 28 from $17.5 million on January 31. Perpetual said the significant contraction of its FUM was due ...

ASIC blacklists ex-Colonial planner for client 'churning'

Paul Cully A former Colonial financial planner who made $190,000 in commissions by 'churning' the superannuation funds of approximately 73 clients has given an undertaking to the Australian Securities and Investments Commission (ASIC) that he will not ...

Strategic adds two boutique managers to its product range

John Fernando Independent master trust provider Strategic Investments Australia has added two boutique offerings, the Paradice Cooper Investors (PCI) Australian Equity (large Cap) Fund and the Constellation Capital Management Australian Equities Fund ...

Commonwealth announces wholesale funds name change

John Fernando Commonwealth Investment Management (CIM) has completed another step in its migration to the Colonial First State brand, announcing name changes to its suite of wholesale funds. Greg La Peyre, head of investment services at CIM, said the ...