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Showing 791 - 800 of 1395 results for "MAG"

It's not the when but the what happens after

BENJAMIN ONG  |  FRIDAY, 24 JUL 2015
"Clowns to the left of me, Jokers to the right, here I am, Stuck in the middle with you... And I'm wondering what it is I should do" -- Stealers Wheel This was my immediate thought upon reading Bloomberg's piece that, "For two months the Standard & ...

AFA tweaking life insurance framework

ALEX BURKE  |  TUESDAY, 21 JUL 2015
The Association of Financial Advisers is refining aspects of the Life Insurance Framework developed jointly with the Financial Planning Association of Australia (FPA) and Financial Services Council (FSC). The three industry associations reached consensus ...

Philanthropic LICs a triple win: Wilson

LAURA MILLAN  |  MONDAY, 20 JUL 2015
Philanthropic listed investment companies (LICs) are unique to Australia and represent a win for investors, fund managers and charities, Future Generation founder Geoff Wilson said. The Future Generation Investment Fund (FGX) is a $200 million fund ...

Fund managers take cover behind cash sandbags

MARK SMITH  |  THURSDAY, 16 JUL 2015
Fund managers have ratcheted up their cash positions to levels not seen since before the financial crisis, the latest global survey from Bank of America Merrill Lynch shows. The July numbers show that cash levels have soared to an average of 5.5%, up ...

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
It's a deal! Well, er, not quite. He huffed and he puffed and he beat his chest. In the end, Greek PM Tsipras got his cake... on his face! Tsipras urged the Greeks to do what he say -- vote "Oxi" to the reforms for bail out conditions proposed by its ...

From Greece's frying pan into China's fire

BENJAMIN ONG  |  THURSDAY, 9 JUL 2015
What Greece has started, China's finishing. To be sure, the tragi-comedy that is Greece is far from over, not with crunch time moments ever so foreverly moved - 23 February was the first "this is it moment" for Athens, that became 24 Feb, that became ...

Magellan hires key account manager from Fidelity

LAURA MILLAN  |  TUESDAY, 7 JUL 2015
Magellan Asset Management has appointed a key account manager with over 17 years' financial services experience across funds management, financial planning and technology. Mark Jordan joins Magellan from Fidelity Worldwide Investment, where he was national ...

Wilson to raise $550m for philanthropic LIC

LAURA MILLAN  |  MONDAY, 29 JUN 2015
Wilson Asset Management chairman Geoff Wilson wants to raise $550 million for a philanthropic listed fund, the largest float for a listed investment company (LIC) in Australia. The Future Generation Global Investment Company Limited (FGG) will have ...

Sherwin principal faces court for SMSF fraud

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
Sherwin Financial Planners principal, Bradley Thomas Sherwin, has faced court for causing self-managed superannuation fund (SMSF) trustees to lose $10 million. Sherwin was also chairman of failed business Wickham Securities and was banned from financial ...

Plus ca change

BENJAMIN ONG  |  MONDAY, 22 JUN 2015
No mA!s! I'm up to my eyeballs with it and it's oozing out of my eyelids. Greece, that is. The Greek tragedy goes on as last Thursday's make or break broke down, necessitating the call for an "emergency summit" later today. But don't hold your breath ...