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Showing 5271 - 5280 of 6254 results for "December 2010"

HFA finds Lighthouse leads to global growth

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
HFA has agreed to purchase US-based alternative investment manager Lighthouse Partners for A$707 million in cash and shares - approximately 11 times Lighthouse's estimated FY08 EBITDA - as the new business focuses on growing its global alternatives ...

SELECT scores four stars for diversified funds

CHRIS NICHOLLS  |  WEDNESDAY, 11 JUL 2007
Select Asset Management today announced that Standard & Poor's has awarded both its Select Growth Portfolio and Select Defensive Portfolio diversified funds a four star rating. S&P fund analyst Tara Bell said, "The four stars reflects our high conviction ...

State Street's 130/30 funds gain $10bn Edge

CHRIS NICHOLLS  |  TUESDAY, 10 JUL 2007
State Street Global Advisors' (SSgA) today announced their innovative 130/30 Edge funds had broken through the US$10 billion mark in assets under management. The world's first 130/30 product, first launched in December 2004 in Sydney, Australian Alpha ...

Economic round-up: Dollars and sense

SUZY MAC  |  WEDNESDAY, 20 JUN 2007
The International Monetary Fund is about to clamp down on unfriendly currency policies insisting that its 185 members reject strategies that create instability for other countries. Meanwhile the Reserve Bank of New Zealand (RBNZ) has just executed its ...

No bank is ready for AML

WWW.THESHEET.COM  |  FRIDAY, 15 JUN 2007
The gaming sector is well ahead of financial institutions in adapting to the new anti money laundering and counter-terrorism financing laws according to a survey conducted by Pricewaterhouse Coopers in March. The survey also revealed that 90 percent ...

FF appoints Watson Wyatt head as CIO

The Future Fund has appointed David Neal, the long-time head of investment consulting at Watson Wyatt Australia, as its chief investment officer. "We are delighted to welcome David to the Fund. His experience in working with diversified, multi-manager ...

Economic round-up: Going broke going for broke

SUZY MAC  |  WEDNESDAY, 30 MAY 2007
Contrary to the popular belief that working families have never been better off, the latest bankruptcy and first homebuyer affordability figures tell us there is growing pressure on both families and the economy. First time buyers trying to escape escalating ...

US giant targets local mortgage insurance market

The NYSE listed MGIC Investment Corporation, the largest provider of mortgage insurance in the US, has earmarked Australia as the first target in its international push. This month Mortgage Guaranty Insurance Corporation (MGIC) Australia received an ...

Investa property funds get SRI tick

CHRIS NICHOLLS  |  WEDNESDAY, 23 MAY 2007
Investa Funds Management's (IFM) Diversified Office Fund and Commercial Property Fund are Australia's first property funds to receive the Ethical Investment Association's Sustainable Responsible Investment (SRI) certificate. The funds received the certification ...

Planning business gives teachers bad advice

HAMISH MADDEN  |  TUESDAY, 15 MAY 2007
A Sydney financial planning business targeting teachers has been found guilty of providing super switching advice that was misleading or deceptive. The Supreme Court of New South Wales found First Capital Financial Planning, under the business name ...