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Showing 3031 - 3040 of 4761 results for "July 2011"

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
Top-performing investment boutique Hyperion Asset Management has joined billionaire entrepreneur James Packer in selling down holdings in global equity and infrastructure fund house Magellan Financial Group. According to an update to investors on Hyperion's ...

Market Wrap AM

AAP  |  THURSDAY, 22 AUG 2013
The Australian market looks set to open lower following falls on Wall Street after minutes from the Federal Reserve's last meeting gave no more clarity on the central bank's plans for its stimulus program. At 0755 AEST on Thursday, the September share ...

Direct investment option key to retain fund members

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Offering a direct investment option (DIO) within a superannuation fund could be the key to retaining members and discouraging them from moving to self-managed super funds (SMSF). A CoreData Member Retention report found that a DIO within the super fund ...

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian market looks set to open lower after Wall Street continued its downward trend on mediocre economic news and higher bond yields. At 0755 AEST on Tuesday, the September share price index futures contract was down 17 points at 5,071. In ...

Australian ETF industry soars to reach $8 billion

MARK SMITH  |  MONDAY, 19 AUG 2013
The Australian exchange traded fund (ETF) industry has swelled to a record high, breaching the $8 billion mark for the first time, according to data from ETF provider BetaShares. The total market capitalisation of the low cost index products traded ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
A former Queensland financial adviser has been permanently banned by the Australian Securities and Investments Commission (ASIC) after an investigation found he provided inappropriate and unreasonable advice. ASIC's investigation found that between ...

Market Wrap AM

AAP  |  THURSDAY, 15 AUG 2013
The Australian market looks set to open lower following mixed performances on international bourses as Europe looks to be emerging from recession. At 0800 AEST on Thursday, the September share price index futures contract was down 11 points at 5,109. ...

PM Capital boosted by beer and Las Vegas property

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
Beer companies performing at full strength and a bet on the Las Vegas housing recovery has contributed to the strong outperformance of PM Capital. The boutique fund manager's investment philosophy centres on buying good quality companies at good prices ...

Unclaimed life insurance up by $28 million

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The amount of unclaimed life insurance has increased by $28 million during the last year, according to the latest report by the Australian Securities and Investments Commission (ASIC). The figure for unclaimed life insurance on July 1, 2013, was approximately ...

Super funds need to clarify DisabilityCare to members

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
Superannuation fund members are confused about DisabilityCare and funds should be sending out the message that the government's program doesn't cover all life insurance aspects. The Australian Institute of Superannuation Trustees (AIST) senior policy ...