Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 504 results for "Investment Company"

ASIC accepts enforceable undertakings from two Lifetrack directors

... or officer of a company holding an Australian Financial Services Licence (AFSL) for 10 years, or of a listed investment company for five years. Additionally, they have undertaken not to hold, or apply for, an AFSL for 10 years, or act as a representative ...

AUI posts 30% profit increase

Equities investment group Australian United Investment Company Ltd (AUI) lifted profits by more than 30 per cent for 2002/03 to $12.86 million. AUI said the 30.6% increase was primarily the result of the proceeds from last year's rights issue being ...

Argo Investments posts 22% rise in net profit

Equity investment company Argo Investments Ltd today said that it believed there were some indications of a mild economic upturn in the year ahead, after reporting a 21.9 per cent rise in annual net profit. The group today reported net profit of $74.583 ...

AFIC reports 19% rise in net profit despite continued uncertainty

The Australian Foundation Investment Company Ltd (AFIC) has reported a 19 per cent rise in net profit for 2002/03. This totalled $102.8 million, up from $86.4 million the previous year. However, $6.1 million of the profit increase was attributable to ...

Tower announces sale of trustee business

... the sale of Tower Trust New Zealand for $NZ25 million ($A22.5million). The purchaser is a private US-based investment company, Sterling Grace Corporation. Tower Trust New Zealand provides both personal and corporate trustee services. The sale follows ...

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 ...

ICI reports US ETFs total $118 billion

... assets of US exchange-traded funds (ETFs) in May were US$118.44 billion (A$178.52 billion), according to the Investment Company Institute (ICI), the US investment industry association. The ICI monthly ETF report revealed assets of all ETFs increased ...

Slight growth in US money market mutual fund assets: ICI

... 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 stood at $US2.177 ...

ICI reports $165 billion US quarterly closed-end fund assets

... combined assets of US closed-end funds were US$165.03 billion (A$248.14 billion) at the end of March 2003, the US Investment Company Institute (ICI) has reported in a quarterly statistical collection of closed-end funds. Total closed-end fund assets ...

Babcock and Brown purchases $2.5 million of Biotech shares

International investment company Babcock and Brown has purchased 5.6 million shares of Biota Holdings, it has announced. The company's inaugural foray into the Australian biotechnology sector involves the purchase of $2.5 million worth in shares (7.5% ...