ASIC obtains orders against Equititrust Limited

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ASIC has obtained various interim orders in the Supreme Court of Queensland against Equititrust Limited, the responsible entity of two managed investment schemes, constraining the manner in which Equititrust is... Read more continue reading

S&P: No change to ratings on Australian Unity Healthcare Property Funds

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Standard & Poor’s Fund Services today announced that there would be no change to the four-star rating on the Australian Unity Healthcare Property Trust (Class A, Wholesale and Retail units),... Read more continue reading

MF Global in administration

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ASIC is aware that companies in the MF Global group have been placed into administration. This impacts a number of companies in Australia. Insolvency firm Deloitte has been appointed administrator... Read more continue reading

Head of Bank of Melbourne Private announced

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Jonathan Ayres has been appointed the first head of the new Bank of Melbourne Private.  General Manager of Private Wealth at BT Financial Group, Jane Watts, said she was delighted... Read more continue reading

Eurozone crisis – breathing space

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Leading international investment manager Threadneedle Investments, has commented on the Eurozone crisis. Mark Burgess, CIO of Threadneedle Investments, said: “As we felt they always would, having stared into the abyss,... Read more continue reading

ASIC makes rules for capital for Chi-X market

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ASIC today registered market integrity rules for capital for the Chi-X market, which is due to start operating 31 October 2011. These rules are modeled closely on the market integrity rules... Read more continue reading

Premium awarded a ‘recommended’ rating by Zenith

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Premium Investors Limited (PRV) is pleased to announce it has been awarded a ‘recommended’ rating by Zenith Investment Partners. PRV Chairman Mr Tom Collins, said; “The Board of Premium is... Read more continue reading

Plan B growth strategy on track with new strategic hire

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Plan B Group Holdings (Plan B) has made its first strategic hire under new Chief Executive Officer Mr Andrew Black. The appointment of industry executive Mr Paul Cramer in the... Read more continue reading

AMP Limited reports third quarter cashflows, AUM and business update

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AMP Limited yesterday reported cashflows for AMP Financial Services (AFS) and the group’s assets under management (AUM) for the third quarter to 30 September 2011. AFS cashflows and AUM include AXA... Read more continue reading

S&P moves rating on Invesco Wholesale Asian Consumer Demand Fund

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Standard & Poor’s Fund Services has assigned a three-star rating to the Invesco Wholesale Asian Consumer Demand Fund. S&P placed the fund ‘On Hold’ on September 1, 2011 following notification by... Read more continue reading