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30 October 2008 • By Vishal Teckchandani • 1 min read

St George wealth management profit falls

St George Bank's wealth management unit posts a lower profit before tax, even as insurance sales surged.Despite strong insurance sales, St George ...

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ASIC releases short sale requirements

ASIC has finalised the new requirements for the disclosure and reporting of short sales.ASIC has revealed the new reporting requirements for ...

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Hedge fund industry set for shakedown

Hedge funds are set to undergo a major consolidation, according to the chief executive of an Australian-based manager.Hedge funds are set to undergo a ...

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No blanket ban from Morningstar or S&P

S&P and Morningstar will not implement a blanket hold assessment on the entire mortgage fund sector.Research houses Standard & Poor's ...

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Inflows boost BT profit

BT posts a higher profit on stronger net inflows and lower cash expenses.BT Investment Management's (BTIM) profit for the year to September ...

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CEO bonus systems need explanation

Company remuneration reports to shareholders are overly complicated, but lack necessary detail.The amount of shareholder money used for annual ...

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Super funds in the red again

The 2008 September quarter has been unfavourable for superannuation fund returns.The average balanced fund has reported a negative return of 3.4 per ...

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UBS to invest in existing platform

UBS confirms it has ended negotiations with Praemium, with the firm set to invest in its existing platform offering.UBS Australia (UBS) has no ...

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Buying opportunities amid panic

Recent panic selling is providing buying opportunities for investors, according to Aberdeen.The recent panic selling is providing opportunities ...

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Life pensions better for SMSFs

The use of life pensions can produce desired outcomes upon the death of an SMSF member.Self managed superannuation fund (SMSF) members looking ...

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