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Showing 481 - 489 of 489 results for "Wash"

US regulator warned of hedge fund risks

The Washington-based Investment Company Institute (ICI), representing over 8,000 US mutual funds, has warned the US Securities and Exchange Commission (SEC) that individual investors and financial advisers rarely had the skills to knowledgably invest ...

Slight growth in US money market mutual fund assets: ICI

Assets managed by US money market mutual funds are continuing to creep higher, according to data released by the Washington-based Investment Company Institute (ICI). The Institute, which represents over 8,000 US mutual funds, said funds under management ...

Afternoon market wrap: Shares stronger in late trade

Australian share prices strengthened in afternoon trade, the All Ordinaries closing 13.2 points higher at 3070.9. Among stocks to make strong advances were Computershare and IAG, both up by over 3%. But WMC slumped a further 8c to close at $3.48, as ...

ICI backs stronger protection for hedge fund investors

The Washington-based Investment Company Institute (ICI) has backed moves by the US' Securities and Exchange Commission (SEC) to tighten the regulatory framework governing hedge funds in a bid to 'protect' investors, it has announced. "The Institute ...

Morning market wrap: All Ordinaries at three month high

The All Ordinaries will begin trading on a three month high today following good returns from the banking sector yesterday. ANZ announced a profit of $1.14 billion for the six months ending March 2003, up 8.7% over the corresponding period last year. ...

Government appoints Reith for EBRD in London

The Government has nominated Peter Reith as an executive director at the European Bank for Reconstruction and Development (EBRD) in London for a three-year period starting August 1 2003. Reith will represent Australia, South Korea, Egypt and New Zealand ...

Worldwide mutual funds rise to over $18.7 trillion

Assets of worldwide mutual funds rose 5.2 per cent in the fourth quarter of 2002 to A$18.7 trillion, according to a report released by the Washington-based Investment Company Institute on behalf of the International Funds Association, an organization ...

ERG agrees $25.6 million bond terms for smart card projects

The Export Finance and Insurance Corporation (EFIC) has agreed to provide $25.6 million of performance bonds for overseas projects won by Western Australia transit software specialists ERG. ERG said the bonds comprise of $9 million for a project in ...

Morning wrap market wrap: US shares fall back into the red

Paul Cully Shares on Wall Street finished lower overnight as the likelihood of avoiding war diminished, with Washington suggesting that the destruction of banned missiles was a case of 'too little too late' for Iraq. The Dow Jones index dropped 53.22 ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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