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Showing 8821 - 8830 of 9326 results for "Red"

ASIC completes wind up of SMSF adviser

The Australian Securities and Investments Commission (ASIC) has completed a shut down of a self-managed superannuation adviser following earlier action taken by the regulator. Pitcher Partners has been appointed as the provisional liquidator for PFS ...

CBA and APRA discuss IFRS implications

AAP  |  TUESDAY, 16 AUG 2005
The Commonwealth Bank of Australia (CBA) is in talks with the financial services regulator over the impact of new international financial reporting standards (IFRS) on its accounts. The bank is talking to the Australian Prudential Regulation Authority ...

Weekly economic roundup

The Reserve Bank of Australia finally put interest rate speculation to rest last week. In his half-yearly parliamentary testimony, RBA Governor Ian Macfarlane reinforced the message from the Quarterly Statement on Monetary Policy released by the Australian ...

Funds management industry set for generational change

AAP  |  FRIDAY, 12 AUG 2005
For an industry which barely caused a ripple 25 years ago, managed funds have become an $840 billion behemoth in Australia. But with an ageing population whose superannuation makes up 78 per cent of funds under management and a financially sophisticated ...

BNB and ABN Amro join forces to tackle infrastructure

Babcock and Brown (BNB) has expressed its interest to enter into a joint venture with ABN Amro to initiate new infrastructure projects as well as complete existing ones currently in progress. In anticipation of the new partnership being established ...

ADPIA applauds abolition of NSW vendor tax

The Australian Direct Property Investment Association (ADPIA) has welcomed the NSW Government's decision to scrap the vendor tax believing the move will stimulate further investment in property syndicates. Until now all transactions involving the sale ...

MacarthurCook to raise $51.7 million in equity

MacarthurCook Fund Management has decided to raise up to $51.69 million for the MacarthurCook Property Securities Fund by way of a non-renounceable rights issue and public offer. The fund invests in a portfolio containing both listed and unlisted property ...

ASIC winds up managed investment scheme

The Australian Securities and Investments Commission (ASIC) has moved to wind a managed investment scheme operated by South Australian man Guiseppe Mercorella. ASIC alleges that the scheme is in breach of the Corporations Act 2001 (the Act) since 2002 ...

IWL set to finalise JDV acquisition

AAP  |  MONDAY, 8 AUG 2005
Financial group IWL Ltd is set to win its long running bid for online broker JDV Ltd after the last remaining key shareholder agreed to sell its stake on Friday. The Royal Bank of Canada accepted IWL's cash offer for its 28.66 per cent stake in the ...

Russell appoints boutique manager for its aggressive share line up

Russell has appointed boutique manager Quest Asset Partners (Quest) to manage $35 million for its Australian shares aggressive fund replacing Portfolio Partners. Quest was set up by ex AMP managers Michael Evans and Christopher Cahill and was formed ...