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

Search Results

Showing 5461 - 5470 of 6266 results for "DET"

AXA to list wholesale prop fund

MICHAEL HOBBS  |  WEDNESDAY, 20 AUG 2008
AXA plans to list its $1.07 billion wholesale property fund as a way to avoid any "detrimental" impact on unitholders should volatility in the property sector continue. The firm proposes to list the fund before the end of the year subject to unitholder ...

Credit Suisse slapped with $12m fine

RUTH LIEW  |  FRIDAY, 15 AUG 2008
Investment banking giant Credit Suisse has been fined $12 million by the UK's Financial Services Authority for repricing certain asset-backed securities. According to a statement released by the FSA, Credit Suisse was fined $12 million for "failing ...

Defeat death taxes when merging accounts

RUTH LIEW  |  FRIDAY, 15 AUG 2008
Older Australians looking to merge their pension and super accounts be warned: your death taxes may be higher than you bargained for. Martin Murden, director of Partners Superannuation Services, said merging the two accounts can sometimes increase the ...

UBS restructures core business

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
Global investment bank UBS is separating its business into three separate divisions in a bid to make the bank more effective post sub-prime. The group will now operate as three autonomous business entities. The firm said the new structure would provide ...

Covered short-selling unmasked

MICHELLE BALTAZAR  |  MONDAY, 11 AUG 2008
While 'naked' short-selling has been the center of news headlines, one investment expert urges the industry to look at the misuse of 'covered' short-selling and why the rules have to be changed. Speaking at the IFSA conference last week, David Bryant ...

Solaris strikes $400m FUM

MICHAEL HOBBS  |  MONDAY, 11 AUG 2008
Australian equities boutique, Solaris Investment Management hit the $400 million funds under management mark after gaining a number of new clients. The ex-Suncorp team boutique declined to provide details of the new clients and investment mandate amounts ...

Protect super savings: PwC survey

MICHAEL HOBBS  |  THURSDAY, 7 AUG 2008
The Australian Securities Investments Commission (ASIC) and the financial services industry must work together to find better ways to protect superannuation savings, according to the PricewaterhouseCoopers Investment Management CEO survey 2008. The ...

Carbon schemes full of hot air

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
Anti-global warming schemes based on prescriptive emission targets and cross-country carbon trading are flawed and do not address long term climate change problems, said Reserve Bank director Warwick McKibbin. Speaking at the IFSA conference yesterday ...

Eyes on the labour market

BENJAMIN ONG  |  THURSDAY, 7 AUG 2008
The Australian Bureau of Statistics will release the Australian Labour Force report today. Market expectations centre on a meager 5K increase in jobs in July and the unemployment rate to rise to 4.3 percent. This forecast represents a softening from ...

eWrap veteran unveils free planning tool

MICHAEL HOBBS  |  WEDNESDAY, 6 AUG 2008
The man behind Asgard Wealth Solutions' eWrap, former project director, Jan Kolbusz has resurfaced and developed decimal - a free website that allows financial planners to quickly make a statement of advice (SoA). Managing director of decimal, Kolbusz ...