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Showing 3681 - 3690 of 6884 results for "Act2"

BTFG shutters alternatives fund

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2016
BT Financial Group has confirmed the winding up of one of its popular alternatives funds. The Advance Alternatives Strategies Multi-Blend Fund was terminated on 14 June and is being managed by Ramius Alternative Solutions until the wind up is completed ...

Combination of fiscal and monetary policy essential for Japan

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
Japan must look to a combination of fiscal and monetary policy if it wishes to achieve the structural reform as set out in the third arrow of Abenomics, according to QIC Shocking global markets with the announcement of negative cash rates in late January ...

ASIC bans ex-Macquarie Equities trader

ALEX BURKE  |  WEDNESDAY, 17 AUG 2016
ASIC has banned a former representative of Macquarie Equities for five years. Nicholas Kerr worked for Macquarie Equities from 2008 to 2013; during that time, ASIC alleged he engaged in unauthorised discretionary trading on five client accounts, as ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2016
... On a seasonally adjusted basis, sales declined in NSW (-0.2%), VIC (-1.9%), QLD (-2.6%), SA (-3.7%), NT (-11.0%) and the ACT (-1.3%) while sales increased in WA (3.2%) and TAS (0.5%). Total sales of new motor vehicles increased by 1.6% in July compared ...

Standard Life appoints RI analysts

ALEX BURKE  |  TUESDAY, 16 AUG 2016
Standard Life Investments has appointed two responsible investment analysts. Marc Brammer joins Standard Life from Inflection Point Capital Management, where he was a senior adviser for research and data management. Prior to that, he was an independent ...

Actuaries want super dashboard overhaul

DARREN SNYDER  |  MONDAY, 15 AUG 2016
Actuaries are weighing in on the debate around superannuation fund transparency, labeling current dashboards unsound and needing an overhaul. The Actuaries Institute says its view is based around a review of the MySuper dashboard structure. It lists ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. ...

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
An SMSF trustee was fined $40,000 for 30 separate breaches of the SIS Act and ordered to pay the ATO's costs of $14,000. A trustee of the Felix Super Fund, Michael Rodriguez, was handed the fine after an ATO audit found that Rodriguez was using the ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
... Victoria increased by 1.2% and 0.5%, respectively over the month of June. Lending declined in WA (-3.0%), NSW (-1.4%), the ACT (-0.8%) and SA (-0.4%) Continued gains in home lending could deter the RBA from cutting interest rates further. Recall that ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
Some of the world's major central banks have already started the race even before the opening ceremony of "Rio 2016" on the 3rd of August. Perhaps it was much too early but the European Central Bank (ECB) opted not to start running when at its governing ...