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Showing 601 - 610 of 621 results for "MEC"

CARE awarded RSE

CARE Super (CARE) has received an RSE license, after getting their application in to APRA ahead of the 17 February deadline. While APRA wades through the remaining 231 applications before the end of June, CARE can rest easy satisfied that the bulk of ...

S&P gives local LIC thumbs down

S&P has given a 'not recommended' rating to local fund Global Masters Fund (GMF) which invests in Warren Buffett's Berkshire Hathaway. S&P fund analyst, Simon Scott, said that GMF, which is a listed investment company, is offering retail investors poor ...

S&P rates Macquarie's Fusion Funds

Standard and Poor's (S&P) have assigned Macquarie's Fusion Funds a "Recommended" rating, prior to the fund's November 9 application opening. S&P reports that the fund allows investors to get 100 per cent geared exposure to a selection of nine managed ...

Compliance is a profession: ACI

The Australian Compliance Institute (ACI) has announced a new accreditation program to formally acknowledge professionals working in the compliance industry. The accreditation covers all industries where compliance operates, including corporate, legal ...

JAS-ANZ backs international financial planning standards

The Joint Accreditation System of Australia & New Zealand (JAS-ANZ) has called for the financial planning industry to benchmark itself against international standards due for release by the International Organisation for Standardisation (ISO) at the ...

ASIC and APRA move to streamline intra-fund transfers

A new class order by ASIC will permit members of funds to be transferred between products within a fund without the members' consent as the industry moves towards the rationalisation of fund products. The class order - CO 04/1574 Application form and ...

Basis Capital yields to a four rating with Morningstar

Morningstar has awarded Basis Capital's Basis Yield fund an International Fixed Interest Sector Strength Rating (IFISS) of four saying the fund acts best as a supplementary fixed interest strategy blended with more traditional approaches. Basis Capital ...

Credit Suisse not out of the woods yet

Morningstar has recommended a hold on Credit Suisse's Australian equities strategy. While the fund has overhauled its process and people, Morningstar believes the fund still has a tall task ahead. In July 2004 Credit Suisse initiated key changes including ...

Shareholders have the power; ASIC

In a clarifying statement issued today, the Australian Securities and Investments Commission (ASIC) confirmed only shareholders of a public company have the power to remove company directors. ASIC referred to The Corporations Act 2001 citing only the ...

Macfarlane expects interest rate differential with US to narrow

AAP  |  THURSDAY, 15 APR 2004
Reserve Bank of Australia governor Ian Macfarlane said last night that the gap between Australian and US interest rates would narrow over the next six to 12 months. During questions after delivering the inaugural Di Yerbury Economic and Financial Studies ...