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Showing 5721 - 5730 of 6884 results for "Act2"

APRA to monitor investment options

ALEX DUNNIN  |  TUESDAY, 26 MAY 2009
APRA is continuing plans to ramp up its data collections, in particular to collect performance data on individual investment options. To refine its approaches the regulator has issued another discussion paper on how it should be done, how it should ...

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
Just as leading Unions have stepped up their battle against lifting the retirement age, the government has been forced to dismiss their claims for special rules for manual workers labelling them unfair. The Australian newspaper today reported that the ...

Mixed reaction on shorting ban lift

RUTH LIEW  |  MONDAY, 25 MAY 2009
From applause to criticism, industry reactions have been mixed towards ASIC's announcement today that it had lifted the ban on covered short selling of financial securities. ASIC today lifted the ban which was first put in place on 21 September last ...

Regulators call for better OTC derivatives processing

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
APRA, ASIC and the RBA have released a report that identifies where major fund managers and super funds can improve in terms of how they manage OTC derivatives in the wake of the credit crisis. This month the regulators and the RBA released the findings ...

Plus Capital eyes offshore managers

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
Third party marketer, Plus Capital, is in talks with three offshore alternative investment managers to provide Australian institutional investors with access to their strategies. Plus Capital represents offshore investment managers that don't have a ...

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
No confusion here. Wall Street would not be dragged into reacting to reports that US home building has fallen to its lowest level on record. Just imagine what could have happened had this report reached the headlines six months ago? US equities ended ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 20 MAY 2009
The Australian share market may open higher, after European exchanges gained on optimism the global economy is starting to recover while US markets were little changed. At 0742 AEST on the Sydney Futures Exchange, the June share price index contract ...

Conservative strategies pay for ITC

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
Forestry group ITC banks on its prudent business model to ride the crisis facing the agribusiness sector after Timbercorp and Great Southern went into administration. Adam Redman, spokesperson at ITC, said the firm's key business is forestry, a key ...

Investors to regain capital from axed fund

RUTH LIEW  |  TUESDAY, 19 MAY 2009
Investors with funds tied up with Pengana Capital's Australian Property Securities Fund can expect to get a reimbursement of "as close to 100 per cent" of their capital following last week's announcement of the fund's closure. Denis Carroll, head of ...

Great Southern falls into administration

COMPANY RELEASE  |  MONDAY, 18 MAY 2009
Agribusiness fund manager Great Southern has appointed administrators after its banks withdrew support for its ongoing restructuring program. The directors of Great Southern Limited and Great Southern Managers Australia Limited have appointed Martin ...