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Showing 3001 - 3010 of 3163 results for "Owner"

Specialist investment managers not prominent in retail marketing

Specialist investment managers appear not to have made strong inroads in directly marketing to retails funds according to Standard & Poor's latest Assirt Market Share Analysis. The seven investment managers analysed in the report include Barclays Global ...

Two new adviser groups see Avenue of opportunity

Avenue Capital Management has expanded its dealer base incorporating two new financial planning practices, which takes its dealer group to 18 branches and $1.2 billion in funds under advice. The announcement of the new branches in Bowral and in Sydney ...

Growing boutique industry set to continue

Australian boutique fund managers have experienced a 33 per cent rise in funds under management (FUM) over the past 12 months according to an annual survey from Dr Steven Vaughan & Associates with many managers now entering a second phase of development. ...

S&P places Citigroup Asset Management Australian funds 'on hold'

Standard & Poor's (S&P) has amended the Assirt ratings of 12 Citigroup Australian Asset Management funds to 'on hold' following Legg Mason's acquisition of Citigroup's asset management business. The 12 funds will remain 'on hold' until the impact of ...

Advisers warm to boutique fund managers

A recent survey has confirmed the popularity of boutique fund managers with 70 per cent of financial planners using boutiques in the previous 12 months. The Tyndall Adviser Pulse Survey cited perceived attractiveness of fund manager's ownership in the ...

ATO calls on SMSF trustees to get it right

The Australian Tax Office has encouraged trustees of self managed superannuation funds (SMSF) to ensure the ownership of assets are held by the fund and not the trustee. It has also stated that all other breaches of SMSF rules will be dealt with heavily ...

IFM secures Pacific Hydro

Industry Funds Management (IFM) has finally succeeded in its bid to takeover Pacific Hydro after rival Spanish bidder Acciona S.A. decided not to increase its offer price for the renewable energy company and agreed to accept IFM's $5.00 per share offer. ...

Macquarie wraps up deal for Coin

Macquarie Bank has acquired Coin Software with former owners Ian Litster, Suwandi Tan and Darren Pettiona to continue on with the business for the next three years. Head of Macquarie Adviser Services Neil Roderick said the acquisition would improve ...

ABN Amro introduces longest self funding instalment warrants

ABN Amro has launched self funding instalment warrants on the ASX with a 10 year period covering 34 major Australian stocks. The new warrants allow investors to purchase domestic shares while only paying around half the investment value of the shares ...

Bill to fine-tune Choice passed

A government bill to fine-tune laws allowing employees to choose their superannuation fund was passed by the House of Representatives yesterday. Labor warned that the changes to superannuation law could make small business owners liable to be fined ...