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Showing 6391 - 6400 of 10709 results for "May 1997"

Telstra Super lures members with SMSF lookalike

JAMES FERNYHOUGH  |  TUESDAY, 10 SEP 2013
Corporate super fund Telstra Super has launched a new investment platform offering members direct access to term deposits and shares, in a move to retain members who might otherwise set up self-managed super funds (SMSFs). The investment option, called ...

ASIC finds hedge funds pose no systemic risk

MARK SMITH  |  TUESDAY, 10 SEP 2013
Australian hedge funds do not currently pose a systemic risk to the Australian financial system, a new ASIC report has found. The regulator also found that qualifying hedge funds in the survey also use low leverage and appear to have adequate liquidity ...

Appetite for overseas assets continues to grow

MARK SMITH  |  TUESDAY, 10 SEP 2013
An increasing number of Australian investors are planning to make investments in overseas assets over the next three months, partly driven by a surprise lift in appetite for fixed income investments, according to the latest Certitude Global Investor ...

Hedge funds fear 'draconian' disclosure rules

JAMES FERNYHOUGH  |  MONDAY, 9 SEP 2013
Superannuation funds could find themselves locked out of the best international private equity and hedge funds if the government's "draconian" portfolio holdings disclosure requirements go through unamended, representatives of the alternative investment ...

Market Wrap AM

AAP  |  MONDAY, 9 SEP 2013
The Australian market looks set to open higher on the first day following the federal election and after disappointing US jobs data prompted little change on Wall Street at the end of the week. The US Labor Department said the world's biggest economy ...

Macquarie loses court battle with ATO

JAMES FERNYHOUGH  |  FRIDAY, 6 SEP 2013
Macquarie Group has lost its Federal Court battle with the Australian Tax Office (ATO) over a tax dispute relating to Macquarie's offshore banking unit (OBU) income allocation. Macquarie had been seeking to prevent the ATO from conducting a retrospective ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
Financial planners will have to justify platform choice under the best interest duty provision within the Future of Financial Advice (FoFA) regulation. The Australian Securities and Investments Commission (ASIC) has raised the issue that platform operators ...

Coalition victory to boost business confidence

MARK SMITH  |  FRIDAY, 6 SEP 2013
A Coalition victory in tomorrow's election will provide a welcome boost to business confidence but without a majority in both houses the lift may not be enough to plug the hold left by the end of the mining investment phase, according to UBS strategist ...

Fund managers mislead researchers on reasons for staff turnover

MARK SMITH  |  THURSDAY, 5 SEP 2013
Senior management teams at some investment managers are deliberately misleading research houses about reasons for staff turnover in a bid to preserve their ratings, according to ProCapital managing director Dr Jerome Lander. The manager selection expert ...

Lonsec highlights hedge fund classification concerns

MARK SMITH  |  THURSDAY, 5 SEP 2013
Investment research house Lonsec has highlighted unintended consequences of ASIC's proposed new rules affecting hedge funds, which could see investors increase the risk in their portfolios. ASIC Regulatory Guide 240, which was released in September ...