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Showing 3391 - 3400 of 4543 results for "Michael"

Basis to repay $23m

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
Investors that applied for units in Basis Capital funds in June last year are closer to receiving more than $23 million back after the Supreme Court of New South Wales judged in their favour. The judgement includes investors in the Basis Yield and Basis ...

ASIC bans unlicensed Westpoint adviser

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
The Australian Securities and Investments Commission (ASIC) banned Gold Coast based, Russell Sheppard from providing financial services for eight years after the regulator found he provided unlicensed advice on Westpoint products. The regulator found ...

ASX firms snub climate change

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
An Ethical Investment Research Services (EIRIS) report found more than half of S&P/ASX 200 listed companies, representing over $605 billion in market capitalisation, are not taking action on climate change issues. The EIRIS report identified nearly ...

AXA super tops league tables

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Amid the worst super fund returns on record, AXA Australia has broken through the field as the surprise top performer with a stunning positive 4 per cent from its Tailored Super and Simple Super employer funds, almost 11 per cent ahead of the market ...

Market Wrap - Midday

AAP  |  TUESDAY, 29 JUL 2008
... contract fell 109 points, or 2.21 per cent, to 4828 on a volume of 12,761 contracts. Austock Securities client adviser Michael Heffernan said a combination of local banking problems and a weakening US market led to today's results. "While we had a fair ...

BNP Paribas wins Ashton custody

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
BNP Paribas Securities Services was selected by Ashton Advisers (Australia) to provide custody and fund administration services to its funds, ahead of its plan to launch two funds to the Australian retail market. Nick Raphaely, Ashton Advisors executive ...

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Super fund industry bodies welcomed the Australian Securities and Investments Commission's (ASIC) consultation paper, declaring it will boost super fund member engagement and improve retirement savings. The consultation paper 101 Superannuation forecasts ...

SEC blocks bank short selling

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
US based Securities and Exchange Commission (SEC) is taking extreme action against wild 'naked' short selling, issuing an emergency order that prevents the practice across a number of commercial and investment bank stocks. The order means anyone taking ...

UN PRI enlists 400 firms

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
The number of signatories to the United Nations Principles for Responsible Investment (UN PRI) broke the 400 mark this month, rising by more than 70 members since the beginning of the year. In total, UN PRI signatories, comprise of asset owners, investment ...

New Aus Ethical CIO aids expansion strategy

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
Australian Ethical appointed former nabCapital managing director, Martin Halloran as chief investment officer to assist in boosting its exposure to the structured credit market and its push into the institutional sector. Halloran replaces previous chief ...