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Showing 4171 - 4180 of 6251 results for "December 29"

Pooled funds lose cash

ALISON BEVEGE  |  WEDNESDAY, 6 APR 2011
Money is flowing out of managed funds and into bank accounts and independently managed accounts (IMAs), industry watchers said yesterday. According to Rainmaker research, $86.4 billion dollars flowed into bank deposits in the December quarter last year ...

Europe to follow Australian sustainability lead

MATT WOODINGTON  |  MONDAY, 4 APR 2011
UK investment managers are taking tips from Australian funds on sustainable investing practices, following the launch of the Responsible Investment Academy. Seen as a leader in innovation and leadership in the field of responsible investing, Australia ...

IOOF adds insurance, offers more low-cost options

ELISE BURGESS  |  FRIDAY, 1 APR 2011
IOOF adds retail insurance to its Pursuit platform and launches Premier Investor Choice, a suite of six investment options with lower management fees. IOOF said it has created six low cost options to further diversify its platform offerings to create ...

Ex-Macq fund manager gets jail for insider trading

ALISON BEVEGE  |  FRIDAY, 1 APR 2011
The NSW Supreme Court has sentenced a former Macquarie Bank fund manager to two-and-a-half years jail for insider trading. Oswyn Indra de Silva, 37, must serve at least 18 months for 12 illegal transactions he made while employed by Macquarie, ASIC ...

Bulls take first quarter

BENJAMIN ONG  |  FRIDAY, 1 APR 2011
It's a wrap. The first quarter of 2011 is officially ended and it's another victory for the bulls. And that's no bull. Here's a pop question. As an investor what would you do if on 31 December 2010, you were given a list of all the events that will ...

We shall overcome

BENJAMIN ONG  |  WEDNESDAY, 30 MAR 2011
"We shall overcome someday; Oh, deep in my heart, I do believe, We shall overcome someday. The Lord will see us through, The Lord will see us through, The Lord will see us through someday..." Just replace "The Lord" in the lyrics above with the "The ...

Credit unions and super funds show same merger trends

ALISON BEVEGE  |  WEDNESDAY, 30 MAR 2011
At least 10 credit unions are in merger talks with superannuation funds set to follow as the financial services sector consolidates, Australian Central Savings & Loans director Terry McGuirk said yesterday. Speaking at a forum on fund mergers at the ...

AXA releases new North

ELISE BURGESS  |  TUESDAY, 29 MAR 2011
AXA has officially launched its next generation of the North platform, revealing the upgrade to over 2,000 advisers on its roadshows this week. As previously reported by Financial Standard, the North's new generation platform builds on the capital guaranteed ...

Rogue trader banned for four years

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
A rogue forex trader has been banned for four years by Australia's corporate watchdog after fleecing the savings of six Gold Coast residents through a pooled fund. Andrew Mark Perkin must not provide any financial products or services under the enforceable ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 MAR 2011
The Australian stock market has received positive leads from the US and Europe overnight, as investors overlooked a litany of bad news. At 0905 AEDT, the June share price index contract was up 28 points at 4,750 points, on volume of 4,457 contracts. ...