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Showing 5151 - 5160 of 6266 results for "DET"

Galleon sinks $4bn

MICHELLE BALTAZAR  |  THURSDAY, 22 OCT 2009
Galleon Group, one of the largest hedge funds in the US with $4 billion in assets shuts down after US watchdog SEC investigates the group's founder, Raj Rajaratnam, for insider trading. In a scandal that rocked New York's Manhattan set, Rajaratnam became ...

Wealthy women frustrated with finance firms: book

PRESS RELEASE  |  THURSDAY, 22 OCT 2009
Financial services companies may want to review how they interact and work with women after research found they represent $12 trillion in consumer discretionary spending globally are disappointed with the way finance firms deal with them. A recently ...

High fees barrier to infrastructure mandates

RUTH LIEW  |  WEDNESDAY, 21 OCT 2009
Infrastructure managers face tough barriers to mandates from institutional investors if they do not review their high fee models, argues Watson Wyatt. A new research paper from Watson Wyatt, titled Improving Fees in Infrastructure, said the firm favours ...

Ignorance is not financial bliss: Fidelity

MICHELLE BALTAZAR  |  WEDNESDAY, 21 OCT 2009
Nine out of 10 investors in the US fail to understand the full benefits of using a type of individual retirement account (Ira), called the Roth Ira, and the lack of knowledge is costing them a lot of retirement money, a new study found. Research from ...

Forward unit pricing at Asset

RUTH LIEW  |  TUESDAY, 20 OCT 2009
The $1.1 billion Asset Super is adopting a "forward pricing" investment switching procedure - a move that will help the fund combat and prevent market arbitrage. Starting 1 November, the industry fund's weekly unit price that will apply to investment ...

Too big to fail

BENJAMIN ONG  |  TUESDAY, 20 OCT 2009
Head fake. So which one is the head fake? The Dow climbing past 10,000 or the Dow sinking below 10K? Over the past three trading days, the Dow has been playing seesaw on the 10,000 fulcrum -- over 10K Thursday, under 10K Friday, over 10K Monday. To ...

Billionaire faces insider trading noose

SEC RELEASE  |  MONDAY, 19 OCT 2009
Billionaire Raj Rajaratnam and his New York-based hedge fund advisory firm, Galleon Management, has been charged for insider trading that allegedly saw him pocket over $27 million in illicit gains. The US Securities and Exchange Commission, which laid ...

Tax system should improve wellbeing: Henry

ALEX DUNNIN  |  FRIDAY, 16 OCT 2009
A landmark speech by Dr Ken Henry, head of Treasury, shows why he terrifies the financial services lobby - he believes the taxation system should be used to boost societal wellbeing rather than protect incumbency. Speaking yesterday at the Committee ...

OneVue adds DNR

COMPANY RELEASE  |  WEDNESDAY, 14 OCT 2009
OneVue has added five Dalton Nicol Reid MAx, Managed Account Xertus, portfolio mandates to its managed account. Dalton Nicol Reid provides financial advisers with monthly mandate updates, detailed audio updates and stock change advice. Charles Cornish ...

SuperChoice signs TOWER super

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
TOWER Australia joins a growing list of corporate super fund providers that have switched from doing choice-of-fund admin internally to outsourcing the role to clearinghouse specialist, SuperChoice. Under the deal, SuperChoice will handle contributions ...