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Showing 71 - 80 of 109 results for "Short selling"

Trader caught shorting despite ban

MICHELLE BALTAZAR  |  FRIDAY, 7 NOV 2008
... Victorian-based trader could face more than two years in jail when he shorted certain stocks despite the regulator's interim short selling ban. ASIC alleged that between 28 May and 24 October 2007, Giovanni Spagnolo of Northcote, Victoria sold shares ...

New rules for short selling

MICHAEL HOBBS  |  WEDNESDAY, 29 OCT 2008
Financial watchdog ASIC and the ASX have changed the disclosure rules on short selling, ahead of the expected lifting of the ban on shorting non-financial stocks next month. The disclosure and reporting requirements mean short selling activity on the ...

Hedge funds slam ban extension

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
... industry has condemned the Australian Securities and Investments Commission's (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ban on short ...

HFs continue to outperform

MICHAEL HOBBS  |  MONDAY, 13 OCT 2008
... 9 per cent for the week to October 10 against the hedge fund index which lost a lower 0.98 per cent. Arbitrage, short selling, futures, fixed income and multi strategy were among the top performing hedge fund strategies. In the year to date, the Greenwich ...

Hedge funds hit by shorting ban

MICHELLE BALTAZAR  |  WEDNESDAY, 8 OCT 2008
More than half of Australian hedge fund managers, representing a total $24.7 billion in funds, said the short selling ban would materially impact their ability to implement their strategy, with six managers considering suspending or closing their fund's ...

S&P reinstates ratings for 18 funds

RUTH LIEW  |  THURSDAY, 2 OCT 2008
... Standard & Poor's 'On Hold' list after reassuring the ratings house that its "business as usual" despite ASIC's ban on short selling. The 18 funds, which include heavyweights such as the BT Global Return Fund, MQ Asia Trust, and AMP Total Return fund ...

LGSS affected by shorting ban

RUTH LIEW  |  FRIDAY, 26 SEP 2008
ASIC's crackdown on short selling has left a profound impact across the local investment industry, including upsetting the investment strategy of the $5.5 billion Local Government Superannuation Scheme. Around eight to 10 per cent of LGSS' investment ...

Four funds crossed off "On Hold" list

RUTH LIEW  |  FRIDAY, 26 SEP 2008
... following a blanket "On Hold" rating for 57 products that the ratings firm believed would be affected by ASIC's ban on short selling. The decision was made after the ratings house gained "a level of comfort that the affected funds were able to continue ...

Managers hit back on shorting ban

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Perpetual, Platinum and K2 have responded to ASIC's recent ban on short selling - arguing that the move will hurt the futures market and cast undeserved doubts on the legitimacy of shorting as a valid investment strategy. Perpetual Investment general ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
... debts rise again. Banks' balance sheets again become impaired. The Exchange Stabilisation Fund buys more bad debts. Short selling ensues but limited as speculators worry regulators could bring back the ban on short selling. The normal market pricing ...