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05 September 2011 • By • 1 min read

The first Draft

Last week, Bill Shorten proved he was a man who kept his promises.As he had said he would, in late August the Minister for Financial Services and ...

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Licensees caught in multi-million dollar Trio disputes

Licensees are targeted with disputes claiming over $5m in losses related to Astarra funds.Three unnamed financial planning licensees have been ...

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First FOFA draft fails to lift industry uncertainty

First tranche of FOFA leaves many uncertainties, industry participants say.The release of the federal government's draft financial advice legislation ...

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Magellan bolsters offshore presence

The fund manager will be able to deliver its strategies to North American investors following a distribution agreement with Frontier Partners

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Cash a valid SMSF asset class

Cash is being treated as a legitimate asset class for SMSF portfolios.The latest research performed on the self-managed superannuation fund (SMSF) ...

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Investorfirst considers takeovers despite loss

New business expansion and FOFA reforms have impacted Investorfirst's half year results.Targeted business takeovers and organic growth remain part of ...

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Court denies Timbercorp damages

A Victorian Supreme Court judge has dashed hopes of financial compensation for Timbercorp investors.Former investors of Timbercorp have been forced to ...

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Praemium to restructure after loss

Newly-appointed Praemium chief executive Michael Ohanessian says the company's results are less than satisfactory.Praemium has reported ...

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Global macro to shine in 2012: survey

Hedge fund managers expect global macro strategies to deliver the best returns in 2012, according to a recent survey.Global macro is tipped to be the ...

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Blue Sky hires commercial manager

Blue Sky has appointed former international Nabarro associate Jane Prior as its commercial manager.Alternative asset manager Blue Sky Funds Management ...

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