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| | | ... client money. Shane Hoy was sentenced to five and a half years jail by the Brisbane District Court after an Australian Securities and Investments Commission investigation into his company, B G Investments, which is currently in liquidation. The ASIC ... |
| | | | ... require an Australian financial services licence (AFSL) and, depending on structure, may be regulated by the Australian Securities and Investments Commission (ASIC). By contrast, the US courts are blocking attempts by the regulator, the Securities and ... |
| | | | ... portfolio manager in Pengana's listed property team, reporting to Mark Thorpe-Apps, fund manager for the Pengana Property Securities Fund. Stephanie joins Pengana from Reckson New York Property Trust where she was director, investor relations. She has ... |
| | | | ... expertise," said David Jones-Prichard, vice president, equity derivatives and structured products with JPMorgan. "The securities offer a 100 per cent principal protection facility when held to maturity over a five year term, as well as the benefits of ... |
| | | | ... excess return that was previously not available to us. The fund is also able to opportunistically short individual securities and markets to provide additional downside protection," he added. Karyn West, IXIS Australia managing director, said the changes ... |
| | | | ... affected by currency hedging issues Lonsec believes Cohen & Steers' extensive track record in managing global property securities offers a better performance comparison. Cohen & Steers focuses on a bottom-up, relative value investment style to invest ... |
| | | | Austock Securities has snapped up two directors from Citigroup's hedge fund sales business to start their own hedge fund sales team. Nicki Ashton and Michael Cori both worked as directors in hedge funds sales at Citigroup prior to their new role. "Nicki ... |
| | | | ... will release its annual results. In economic news, ANZ releases its regular study of job advertisements while the TD Securities-Melbourne Institute monthly inflation gauge for January also is due out. The Australian stock market closed in record territory ... |
| | | | Securities lending and equity financing specialist Opes Prime has re-jigged its management team, appointed a new chief executive and signalled new product launches this year. Recently appointed non-executive chairman, Peter Gillooly, said the new management ... |
| | | | ... public sector balance sheets are stronger than they've ever been, he said. Craig James, chief economist at Commonwealth Securities, said, "We think the next interest rate moves will be down." James said while there are still growth indicators in the ... |
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