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Showing 6391 - 6400 of 10707 results for "May 2012"

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 ...

Employer super contributions down as jobless figure rises

JAMES FERNYHOUGH  |  THURSDAY, 5 SEP 2013
Employer superannuation contributions saw their biggest fall in the 2013 June quarter since the global financial crisis, according to Financial Services Council (FSC) chief economist James Bond. The FSC's Bond Report put the figure at $489 million ...

Wickham Securities chairman banned for two years

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
The chairman of the collapsed lender Wickham Securities has been banned from financial services for two years and seven months. The Australian Securities and Investment Commission (ASIC) has banned Bradley Thomas Sherwin after he declared himself bankrupt. ...