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Showing 3561 - 3570 of 7106 results for "June 2023"

CFSGAM appoints Five Oceans founding member

MARK SMITH  |  THURSDAY, 2 OCT 2014
Colonial First State Global Asset Management (CFSGAM) has expanded its Australian equities team with the appointment of a new portfolio manager. Kim Tracey joins CFSGAM from boutique international equities manager Five Oceans Asset Management, where ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
Looks like Halloween has come early to Wall Street. Equity indices fell -- big time -- on 'The Street' right at the stroke of October. The Dow's down 1.4% (with Transport down 2.5%); the S&P 500 fell 1.3%; the Nasdaq's off 1.6% and the Russell 2000's ...

AIST attacks big-bank default grandfathering

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
Bank-owned retail funds should be forced to roll all their default superannuation members out of high-fee products into low-fee MySuper products, according to the Australian Institute of Superannuation Trustees (AIST). AIST head of executive manager ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS ...

October h(a)unting

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2014
an you feel it? Can you feel it? Can you feel it? The heebie-jeebies, that is, coz it's October. September maybe the month which, on average, is the worst month of the year but October - few and far between they may be - is the month of spectacular ...

Implemented Portfolios appoints former BlackRock MD

MARK SMITH  |  MONDAY, 29 SEP 2014
Former BlackRock Australia managing director Adam Seccombe has joined Implemented Portfolios in a full-time role to assist the business with the next stage of its growth. Seccombe was responsible for launching BlackRock's ETF business, iShares, in Australia ...

PIMCO moves to calm investors in wake of 'bond king' exit

MARK SMITH  |  MONDAY, 29 SEP 2014
PIMCO is calling for calm amid the uncertainty which has followed the surprise departure of star manager Bill Gross, reassuring local investors that returns will not suffer. "We manage nearly $2 trillion globally in client assets and we are confident ...

Average September on average

BENJAMIN ONG  |  MONDAY, 29 SEP 2014
Have dip... will buy. That's last week's story on Wall Street - the big dip on Thursday followed by a rebound the next day - and only because I got tired (as you too probably have) of hearing of what's developing to be Wall Street's 2014 anthem - Chumbawamba's ...

Hot property on notice

BENJAMIN ONG  |  THURSDAY, 25 SEP 2014
Cool it or we'll hose you down! That's the overriding message to the property market of the Reserve Bank of Australia's (RBA) September Financial Stability Review. While the Australian central bank also warned against rising property prices in March ...

Trilogy Funds makes $9m property investment

MARK SMITH  |  WEDNESDAY, 24 SEP 2014
Property fund manager Trilogy Funds will buy an $8.95 million commercial property in Melbourne's north-west. 271-279 Robinsons Road in Ravenhall was constructed in 2011 by Pellicano Group as part of their northwest Orbis Business Park. The three-level ...