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Showing 2981 - 2990 of 2997 results for "February 5"

SA adviser joins son on ASIC banned list

Paul Cully The Australian Securities and Investments Commission (ASIC) today handed down a two year ban to South Australia financial adviser Kevin Lehman for unauthorised dealing in superannuation and insurance products, one month after his son Klinton ...

12 month Managed Futures Index returns at 38.63%: Tremont

Paul Cully Managed Futures hedge funds have returned 38.63 per cent over the past 12 months and 6.43% in the last month along, according to the CSFB/Tremont Hedge Fund Index for February. The returns are sharply higher than the Index's next best performing ...

ASIC appoints McLaughlins to manage $37 million property schemes

John Fernando McLaughlins Financial Services (McLaughlins) has been appointed by the Federal Court in Melbourne as the temporary responsible entity for 15 managed investment schemes worth approximately $37 million, following an application by the Australian ...

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 ...