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Showing 561 - 570 of 766 results for "Income Fund"

PIF Action Group lands Federal Court win

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
The Federal Court has sided with the Premium Income Fund Action Group (PIFAG) against Brisbane-based Wellington Capital Limited, finding Wellington breached corporations law in its role as management and trustee for the Premium Income Fund. Yesterday ...

PIF Investor action group claim small victory

RACHEL DAVIS  |  FRIDAY, 10 JUN 2011
... injunction application by PIF Action Group (PIFAG). PIFAG is seeking an injunction to cancel units in the Premium Income Fund (PIF) issued via a recent capital raising. The group also want to reverse changes to the constitution and restrain Wellington ...

Provident Capital offers new fixed-rate units

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
Finance group Provident Capital has released a new fixed rate unit option in their Provident Capital Monthly Income Fund. Alex Francois, head of distribution - investments for Provident, said investors were looking for stability and reliability balanced ...

Bentham wins $350 million mandate

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... 2010 - a testament to the skill of Quin and his team to manage credit investments. The three funds are Bentham Global Income Fund, which invests in instruments such as bank capital securities, global convertible bonds and investment grade corporate debt ...

New port mgr for Equity Trustees

ELISE BURGESS  |  WEDNESDAY, 25 MAY 2011
... appointment of a new portfolio manager. John Terlikar has accepted the role as portfolio manager for the EQT Mortgage Income Fund, with a focus on mortgages. In the role, Terlikar will work with retiring portfolio manager, Joe Aszodi, as joint portfolio ...

Investor revolt threatens 30 fund managers

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
... An action group of disgruntled investors are trying to remove the 30-member management team of Wellington Premium Income Fund. The unit-holder action group says it represents 27 per cent of the investors in PIF and has taken steps to convene a meeting ...

Goldman Sachs downgraded but fixed interest pays

MATT WOODINGTON  |  THURSDAY, 12 MAY 2011
... value through duration, curve, sector, and security calls," he added. S&P said that the Aberdeen Australian Fixed Income fund had been upgraded thanks to increased conviction in the team's ability and detailed research process. Advance was boosted by ...

Legg Mason funds plug retiree gap

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
... assets without acknowledging retirement, leaving the industry open for these products. In response, the Legg Mason Real Income Fund was launched in December last year and builds a portfolio of listed hard assets including A-REITs, utilities and other ...

Unitholders ask ASIC/NSX to ban cap raising

ELISE BURGESS  |  MONDAY, 9 MAY 2011
Premium Income Fund unitholders have requested regulatory bodies stop a planned capital raising, deeming the raising as 'unfair' to all unitholders. In a letter to the Australian Securities and Investments Commission (ASIC) and National Stock Exchange ...

Upside in fixed income: Aberdeen

MATT WOODINGTON  |  THURSDAY, 17 MAR 2011
... propositions within fixed income," said Griffiths. This month Aberdeen launched a short duration Asian currency fixed income fund. Although not available to Australian investors, the product recognises a changing approach to fixed income investments. ...