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Showing 3921 - 3930 of 3940 results for "USI"

Macquarie disbands GARP equities team as Mouatt goes

Macquarie Funds Management today announced that it would no longer run a Growth at a Reasonable Price (GARP) Australian equities style and its head of active equities, Peter Mouatt, will be leaving the company. Patrick Hodgens, head of style neutral ...

Single manager products a dying breed: InvestorWeb

The rise of master trusts and wraps in the retail market is strangling the single manager multi asset product, according to InvestorWeb Research. In its inaugural multi manager superannuation survey, it said that the largest corporate super funds in ...

Crean reaffirms opposition to Telstra sell-off

Opposition Leader Simon Crean has said that he is committed to ensuring there will be no further Telstra sell-off, following today's statement from the telco giant that it would not slash 4,000 jobs or cut capital spending by up to 20 per cent this ...

Challenger to split in two, receive $235 million injection: Cuffe

Chris Cuffe, the acting chief executive officer of Challenger International, has announced plans to split the merged CPH Investment/Challenger entity along life and non-life business lines. The merged company, to be called Challenger Financial Services ...

APRA licensing process "easier" than AFSL: Littrell

The Australian Prudential Regulation Authority (APRA) has moved to allay fears among superannuation funds about the potential burdens of its trustee licensing process, declaring they will find it "easier" than the Australian Securities and Investments ...

Melbourne lawyer sentenced to jail

The Melbourne County Court today sentenced Hasan Kaygusuz, a solicitor, to 12 months imprisonment, fully suspended upon him paying a fine of $5,000 to be of good behaviour for three years. He was charged with complicity to and abetting dishonest and ...

Internet banking transfers rise by 24%: study

The number of internet banking transfers in the December quarter 2002 increased by 24% while user login growth fell to 12%, due to greater user efficiency. In data released today on the internet banking industry by the Market Intelligence Strategy Centre ...

Court reduces sentence on errant company director: ASIC

The Australian Securities and Investments Commission (ASIC) today announced that the Victorian Court of Appeals had reduced the sentence given to Stephen O'Neill, a former Melbourne based company director, from five years jail to four years, with a ...

Select attacks APRA on hedge fund warning

Select Asset Management chief investment officer Dominic McCormick has hit back at the Australian Prudential and Regulation Authority's (APRA) recent warning on the use of hedge funds, claiming that fund of hedge funds offers more, rather than less ...

Global accounting standards get thumbs up: report

About 92% of financial institutions favou a single set of global accounting standards incorporated in the International Financial Reporting Standards (IFRS), according to a study released by PricewaterhouseCoopers and the Economist Intelligence Unit ...