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

Search Results

Showing 6071 - 6080 of 10706 results for "May 2012"

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Last minute developments have forced the Senate Economics Committee to delay the tabling of its final report in the inquiry into the Australian Securities and Investments Commission (ASIC). The committee has issued an interim report signed by its chair ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
Treasury has issued a discussion paper announcing a review into the period before which monies held in inactive bank accounts and life insurance policies are transferred to the government. In releasing the discussion paper this week, Finance minister ...

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
A significant late communication from Commonwealth Bank has forced the Senate Economics Committee to delay the tabling of the report into the Australian Securities and Investments Commission (ASIC). The committee's chair Mark Bishop said on Twitter ...

IFS caught investing in unregistered schemes

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Industry Fund Services (IFS) has breached an Australian Securities and Investments Commission (ASIC) class order by incorrectly investing client funds into an unregistered managed investment scheme. IFS recently changed their investment options after ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
... sunshine sky there's a reason why I'm feeling so high, must be the season..." Nah couldn't be the season, Virginia... it's still May - the season of going away. But there's good news a-plenty that could explain Wall Street's good mood. Small caps - Russell ...

Market Wrap AM

AAP  |  WEDNESDAY, 28 MAY 2014
The Australian share market is set to open higher after encouraging US economic data pushed Wall Street higher. At 0700 AEST on Wednesday, the March share price index futures contract was six points higher at 5,533. In economic news on Wednesday, the ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
Yeah baby, let's! Seen the CBOE VIX index lately? Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. ...

Second PM Capital LIC now trading on ASX

MARK SMITH  |  FRIDAY, 23 MAY 2014
PM Capital's second listed investment company (LIC), the PM Capital Asian Opportunities Fund, is now available to trade on the ASX. PM Capital has raised $225 million across two IPO's since November 2013. The second IPO was targeted at investors looking ...

FEATURE: Rethinking fixed income

MARK SMITH  |  FRIDAY, 23 MAY 2014
The prospect of rising interest rates has forced institutional investors to sit up and take notice of product innovations in the fixed income market. But with so many strategies to choose from, how do large investors and their advisers choose the right ...