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Showing 7971 - 7980 of 10707 results for "May 2012"

Pengana gains 'three stars' rating

PRESS RELEASE  |  FRIDAY, 16 JUL 2010
Standard & Poor's has given the Pengana Australian Equities Core fund a 'three stars' rating. The fund's strategy is active long-only that uses fundamental stock selection to construct a high conviction portfolio. The portfolio aims to generate absolute ...

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
Oil spill? Checked. Lawsuit? Checked. The resolution of these two uncertainties powered Wall Street into a positive close after spending most its trading day worrying about weak economic data at home. Oil spill plugged. BP shares surged by 7.6 per cent ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
The Australian share market has received a modest negative lead from offshore markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures ...

Vanguard tops LPT sector review

PRESS RELEASE  |  THURSDAY, 15 JUL 2010
Vanguard Investments Australia's locally listed property fund has beaten 18 other funds to be rated 'highly recommended' by Lonsec as the sector struggles with divergent performance results and high staff turnover. The firm's 2010 Australian Property ...

Broker jailed for false trades

ASIC RELEASE  |  WEDNESDAY, 14 JUL 2010
Former Macquarie Equities client adviser Newton Chan has been sentenced to a 20-month imprisonment term - serving four months immediately before being released on a recognisance release order - for share price manipulation. He was sentenced in the Supreme ...

US pension plan deficits rise in June

MICHAEL HOBBS  |  WEDNESDAY, 14 JUL 2010
Pension plan deficits of S&P1500 reached $510 billion at the end of the financial year, just $1 billion shy of the previous deficit record set in January 2009, according to a new report. Mercer's survey found the pension plan deficit had widened by ...

Looking good

BENJAMIN ONG  |  WEDNESDAY, 14 JUL 2010
... more -- something with more oomph perhaps? Got one more. The US trade deficit widened by 4.8 per cent to US$42.3 billion in May - the highest in 18 months -- from US$40.3 bil in the previous month. In a down market, this would be spun to "this confirms ...

Trustee outsourcing deals in regulator spotlight

ALEX DUNNIN  |  TUESDAY, 13 JUL 2010
New research from APRA reveals that while the focus on super funds using related party service providers often focuses on not-for-profit funds, it is the outsourcing practices of retail funds that present more concerns to the regulator. According to ...

CFSGAM aims for top quartile UN PRI performance

MICHAEL HOBBS  |  FRIDAY, 9 JUL 2010
Colonial First State Global Asset Management (CFSGAM), the largest fund manager in the country, mounts an ambitious strategy to rank as a top quartile fund based on performance when measured against the key principles set in the UN PRI. At a briefing ...

New-found optimism

BENJAMIN ONG  |  FRIDAY, 9 JUL 2010
"If you don't like something, change it. If you can't change it, change your attitude." Maya Angelou Asia is up, Europe is up, Wall Street is up... for three days straight. But what has changed? Nothing really except for investors and speculators getting ...