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Showing 5021 - 5030 of 6252 results for "December 2002"

Australians lead FM pack

RUTH LIEW  |  WEDNESDAY, 30 JUL 2008
Australians have emerged the victors of the wealth management race despite a global economic slowdown, new research shows. According to the AFG Global Funds Management Index, Australians amassed an average $70,385 per person in managed funds - emerging ...

BT Financial jobs on the chopping block

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2008
BT Financial has placed 100 roles in its support and management divisions under review, blaming the staff cuts to the volatile markets. The move comes after the group funds under management fell 9 per cent during the 12 months to March 2008, according ...

Smaller funds to plateau

RUTH LIEW  |  THURSDAY, 17 JUL 2008
Super funds under the $200 million threshold are expected to wither off until the industry consists of between 50 to 100 players in the next five years. Unsurprisingly super funds, particularly corporate funds in the $100 to $200 million bracket, are ...

SERF selects JANA as asset consultant

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Stevedoring Employees Retirement Fund (SERF) appointed JANA Investment Advisers as its asset consultant ahead of its proposed merger with the Seafarers Retirement Fund (SRF). Previously, SERF employed FuturePlus as its asset consultant and then employed ...

Trouble at Threadneedle Street

BENJAMIN ONG  |  FRIDAY, 11 JUL 2008
More signs that US problems have made their way into the UK came overnight. After signaling in recent weeks that it is more likely to follow the European Central Bank (ECB) and tighten monetary policy rather than ease, the Bank of England (BoE) succumbed ...

ASIC bans Oxford Investments

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
The Australian Securities & Investments Commission (ASIC), backed by the Federal Court of Australia, banned Tasmanian based Oxford Investments Tasmania and its sole director for advising on financial products for 10 years. As a result, the firm and ...

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
Just as Australian fund managers turn their attention towards New Zealand as they try to take advantage of Kiwisaver and NZ Super, the land of the long white cloud has dipped into negative economic growth and looks set to fall into recession. "The New ...

Credit Suisse AM and AWM sign $340m trustee deal

Credit Suisse Asset Management (Australia) is set to transfer the trusteeship of its three Pooled Super Trusts (PSTs) and non-super Private Investment Funds, worth a combined $340 million in assets, to Australian Wealth Management (AWM). Under the deal ...

Pension alternatives investments top $860bn

MICHAEL HOBBS  |  TUESDAY, 24 JUN 2008
The amount of alternative assets managed by 99 of the world's largest investment managers on behalf of pension funds jumped 40 per cent to $864 billion last year, according to Watson Wyatt and Global Investor magazine. The Global Alternatives 99 research ...

Syndicated loan market contracts by half

WWW.THESHEET.COM  |  TUESDAY, 10 JUN 2008
Syndicated lending by Australian banks fell by around half during the March 2008 quarter, in one measure of the restricted availability of corporate credit since the global credit crunch emerged in mid 2007. The Bank for International Settlements estimated ...