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Showing 4521 - 4530 of 5520 results for "Class"

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
... the insurer agreed to settle claims of accounting violations and stock price manipulation, in the tenth-largest securities class action settlement in U.S. history. Ohio Attorney General Richard Cordray last week announced the $800 million-plus securities ...

Contra confidence

BENJAMIN ONG  |  MONDAY, 19 JUL 2010
Did anyone hear that loud thud on Wall Street over the weekend? So what do we do now? Are we back on track for very slow growth - at worst, a double-dip -- and all the sinister consequences it'll have on our combined and individual fortunes? The Street ...

HFA renames to CERTITUDE Global Investments

MICHAEL HOBBS  |  MONDAY, 12 JUL 2010
HFA Asset Management is rebranding to CERTITUDE Global Investments as the business repositions itself as a multi-asset active manager. The CERTITUDE brand will replace the HFA Asset Management name across its product marketing and branding in Australia ...

ETFs tough to white label

MICHAEL HOBBS  |  WEDNESDAY, 7 JUL 2010
Following the rising interest in Exchange Traded Funds (ETFs) in Australia, some financial planning groups are considering having their own branded ETFs - but that could be hard to do in practice due to structural issues, according to one ETF expert. ...

Telstra unveils defensive growth strategy

COMPANY RELEASE  |  TUESDAY, 6 JUL 2010
Telstra Super has launched a "Defensive Growth" investment option for members whose risk appetite may have lessened in the medium term, but want to participate in capital growth through growth assets. The option was launched on 1 July. The objective ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
... DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein Sellers & Toll to represent the fund in a class action against BP. DiNapoli is accusing the fund of misleading investors about its safety procedures and strategies on handling ...

End to unfair mortgage exit fees

ASIC AND CHOICE RELEASES  |  MONDAY, 28 JUN 2010
ASIC has released a consultation paper on new laws regulating mortgage early exit fees, which are unconscionable or unfair. The new paper, titled Mortgage early exit fees: Unconscionable fees and unfair contract terms (CP 135), contains proposals that ...

RMBS market low risk and high return: Aberdeen

MICHAEL HOBBS  |  THURSDAY, 24 JUN 2010
... toward Australian residential mortgage-backed securities (RMBS) to capitalise on wide spreads in the "bullet proof" asset class. Victor Rodriguez, head of fixed income at Aberdeen, said the Australian RMBS market, full of triple A-rated securities, is ...

PM Gillard makes wealth reforms more likely

ALEX DUNNIN  |  THURSDAY, 24 JUN 2010
... Howard government won control of the senate in 2004 following the collapse of the Australian Democrats that saw its middle class voter base return to their Liberal Party origins. The Victorian ALP's preference deal miscalculation that paved the way for ...

Advance takes advantage of down markets

MICHAEL HOBBS  |  WEDNESDAY, 23 JUN 2010
Advance Investment Solutions, which oversees BT Financial Group's multi-manager super funds, has tilted portfolios towards riskier assets to benefit from the stock picking skill of the underlying fund managers. Patrick Farrell, head of investment solutions ...