S&P rates the Challenger Guaranteed Income Fund & Guaranteed Annuity Sound

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Standard & Poor’s Fund Services rates the Challenger Guaranteed Income Fund (GIF) and Challenger Guaranteed Annuity (GA) as ‘SOUND’. The rating reflects an acceptable, albeit mediocre risk/return profile relative to... Read more continue reading

2012…a technical view of what’s ahead

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Despite a recent bounce back, the overall performance of global equity markets in 2011 has been poor. Weakness has been very broad based with just a handful of the MSCI... Read more continue reading

January issue of the new van Eyk View iPad app now available

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The January 2012 issue of the new van Eyk View, van Eyk’s monthly investment newsletter for financial advisers and industry professionals, is now available on the iPad. In this month’s... Read more continue reading

ASIC accepts enforceable undertakings from Storm advisers

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ASIC has accepted enforceable undertakings (EUs) from three financial advisers formerly employed by Storm Financial Ltd. The three financial advisers are Ms Carey Fraser of North Ward, Queensland, Mr Trevor Alan... Read more continue reading

Nikko AM and Ambit launch joint venture in India

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Tyndall AM’s parent Nikko Asset Management Co., Ltd (Nikko AM) and Ambit Holdings Private Limited (Ambit) have formed a joint venture providing investment management and advisory services. Nikko AM and... Read more continue reading

Principal Global Investors wins Advance Global REIT mandate

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Principal Global Investors (Australia) Ltd has announced that it has won a $130 million Global REITs mandate with specialist asset management business, Advance. This mandate involves managing assets in the Advance... Read more continue reading

ASIC suspends Equititrust AFS licence

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ASIC has suspended the Australian financial services (AFS) licence of Gold Coast-based Equititrust Limited ACN 061 383 944 (Equititrust) for 12 months, for failing to comply with a number of... Read more continue reading

New executive team member for Plan B deepens key industry expertise

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Plan B Group Holdings (Plan B) has made its second strategic hire under new Chief Executive Officer, Mr Andrew Black, with the appointment of Mr Matt Nile as Group Executive... Read more continue reading

Bendigo & Adelaide Bank acquires Bank of Cyprus

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Bendigo and Adelaide Bank (BEN) has announced that it has reached agreement with the Bank of Cyprus Group to acquire its 100 per cent owned Australian subsidiary, Bank of Cyprus... Read more continue reading

S&P puts sell rating on two Macquarie small cap funds

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Standard & Poor’s Fund Services has moved its ratings for the Macquarie Australian Small Companies Fund and the Macquarie Australian Microcaps Fund from ‘On Hold’ to ‘Sell’. This follows the... Read more continue reading