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Showing 561 - 570 of 682 results for "Shorte"

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

GVI launches unhedged global industrial fund

COMPANY RELEASE  |  THURSDAY, 10 JUN 2010
International equities investment manager Global Value Investors has launched an unhedged version of its Global Industrial Share Fund (GISF). Head of investments at GVI, Roy Chen, said the new fund would provide greater choice for investors at both ...

Turning Bear

BENJAMIN ONG  |  TUESDAY, 8 JUN 2010
Dear Abby, I have a confession to make...I think I'm losing my horns and my tail is growing shorter. My body is slowly being covered with fur, what used to be hooves are now claws and I am getting an unusual craving for honey. OMG! I think I'm turning ...

Local unis smash US funds returns

RUTH LIEW  |  THURSDAY, 3 JUN 2010
Local university endowment funds investments performed three times better than their US counterparts - a trend that looks set to continue as local institutions up the ante on alternative assets. According to a Mercer report that surveyed 27 institutions ...

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
The Securities and Exchange Commission (SEC) has charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages. The SEC is charging Goldman Sachs for defrauding investors by mis-stating and omitting key facts about a ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives. IFSA, which commissioned ...

Market Wrap - Midday

AAP  |  TUESDAY, 30 MAR 2010
The Australian stock market was in positive territory at noon supported by gains in the resources sector. At 1200 AEDT, the benchmark S&P/ASX200 index was up 13 points, or 0.27 per cent, at 4,910.3 points, while the broader All Ordinaries index had ...

Hall charts new value investing model

MICHAEL HOBBS  |  MONDAY, 15 MAR 2010
Peter Hall, chief investment officer at Hunter Hall, said value investors must revamp their approach and hold more cash reserves, focus on highly liquid stocks and lower expectations on absolute returns. Speaking at an investor presentation in Sydney ...

Market Wrap - Midday

AAP  |  MONDAY, 8 MAR 2010
The Australian share market was almost one per cent higher at noon, led by the major resources stocks, as BHP Billiton secured a coking coal contract and Arrow Energy received a takeover offer. At 1200 AEDT, the benchmark S&P/ASX200 index was up 42.2 ...