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| | | Austock has sold its asset management business, which includes the Austock High Yield Fund and Austock Australian Equity Fund, to Martin Ryan, one of the company's founders. In an ASX statement, Austock said that Ryan, one of the founders of Austock ... |
| | | | Good news begets good news. The number of headlines and stories trumpeting that we are getting close to the end of the global financial crisis tunnel had been increasing over the past few weeks. Equity markets like these. They rallied and continue to ... |
| | | | REST Superannuation pours $300 million into the credit markets through two new fund manager mandates. REST invested $150 million in Credit Suisse's Syndicated Loan Fund, while $100 million was deployed into the Stone Tower Offshore Credit Fund during ... |
| | | | Surprise! The exclamation would almost always put a smile on anyone's face especially when the expected worst turns into a welcome better. Financial markets have been bombarded day after day after day with news that went from bad to worse to worst for ... |
| | | | Trust Company is expanding its responsible entity (RE) business to attract mandates from international investors and in a separate move, is placing its financial planning arm under a strategic review. John Atkins, who took on the role of managing director ... |
| | | | Brisbane based, Supercorp Australia, has bought the superannuation software business from MYOB. MYOB supports hundreds of accounting firms across Australia in lodging statutory accounts for self managed super funds (SMSFs). Kurt Groeneveld, Supercorp ... |
| | | | Lechery, gluttony, greed, sloth, envy, wrath, and pride - a leading investment expert highlights the seven sins that brought the market down to its knees. Rob Prugue, senior managing director of Lazard Asset Management and speaker at the CMSF yesterday ... |
| | | | ... what we're investing in is we're taking the investment that we make in the credit card and investing it in Myer One. "So ours is about investing to improve loyalty, rather than putting it on the bottom line. And that's one of the reasons our sales have ... |
| | | | The $13 billion REST Superannuation fund has made a radical change to its growth and defensive asset allocation split - jumping from 67/33 to today's 78/22 in less than 9 months. According to Damian Hill, chief executive of REST, the fund is increasingly ... |
| | | | Acacia Private Wealth has cut its licensing ties with Linear Financial Services to maintain its independent boutique structure. According to Elsa Cocco, Acacia Wealth adviser operations manager, said Acacia Private Wealth had gained its own license ... |
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