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Showing 951 - 960 of 1117 results for "MIT"

PE managers should not mislead: IOSCO

ALEX DUNNIN  |  WEDNESDAY, 4 NOV 2009
In one of the more bizarre regulatory releases since the GFC, global regulatory group IOSCO has issued a report outlining guidelines for private equity managers stating that they should be honest and always act in their clients best interests. IOSCO ...

BTIM attracts $1bn in net flows

MICHAEL HOBBS  |  THURSDAY, 29 OCT 2009
BT Investment Management (BTIM) gained $1 billion in net fund flows from institutional and wholesale clients for the year to September while its funds under management (FUM) rose slightly to $36 billion. BTIM full year results found while average FUM ...

AUI raises redemptions for Mortgage Income

COMPANY RELEASE  |  TUESDAY, 27 OCT 2009
Effective this week, investors in the Mortgage Income Trust (MIT) of Australian Unity Investments (AUI) withdraw up to two percent of their total investment in the Trust each month or $2,000 - up from the previous cap of one per cent. AUI will also ...

Commerzbank sells wealth management arm

COMPANY RELEASE  |  FRIDAY, 16 OCT 2009
Another international bank is divesting its wealth management business to focus on its core business as Commerzbank sells its UK wealth management division, Kleinwort Benson, to RHJ International. RHJ International owns Kleinwort Benson Channel Islands ...

Count: 13 times lucky

RUTH LIEW  |  FRIDAY, 2 OCT 2009
Countplus has settled its thirteenth acquisition - purchasing a 25 per cent share in Canberra-based advice firm, Achieve Corporation. Achieve, founded by Simon Mitchell in 2003, is a specialist payroll and advice firm and employs 23 people. There are ...

FTSE4Good deletes 15 from series

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The FTSE4Good index series review resulted in 15 companies mostly based in Japan and the US being deleted from the series typically for failing to meet human and labour rights and environmental criteria. Japan-based companies Canon, Ibiden, Koito Manufacturing ...

Cambridge Strategy opens shop in Sydney

COMPANY RELEASE  |  THURSDAY, 10 SEP 2009
London-based active currency alpha and overlay manager The Cambridge Strategy has opened a Sydney office to conduct research and portfolio management. The new office will be led by Chris Udy, who has worked with the firm in its London office as director ...

MLC tweaks diversified funds strategy

RUTH LIEW  |  WEDNESDAY, 9 SEP 2009
MLC is rolling out a new strategic overlay to its diversified funds to capture medium-term opportunities and mitigate risk to investors' portfolios. Paul Ireland, general manager of MLC Implemented Consulting, said the firm was introducing a strategic ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 AUG 2009
The Australian share market has received generally positive leads from overnight trading, with all three key Wall Street indices finishing higher, along with oil and gold. At 0734 AEST on the Sydney Futures Exchange, the September share price index ...

Investors want more Centrelink

RUTH LIEW  |  FRIDAY, 14 AUG 2009
Investment growth may be important - but top of mind for many investors now is the fear that their age pension may be slashed by Centrelink, said Suncorp Financial Planning. David Carter, executive general manager of advice solutions at Suncorp, said ...