S&P:’New’ ratings Russell After Tax and Income Shares Funds

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S&P Rates Russell Australian After Tax Fund As Four Stars And Russell Enhanced Income Shares Fund As Three Stars   Standard & Poor’s Fund Services today assigned its four-star ‘NEW’... Read more continue reading

ASIC: Company director in court on market manipulation charges

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Mr Hoong Kee Tang, a former director of Wintech Group Limited, which is in administration, has been arrested and charged with market manipulation and making false or misleading statements in... Read more continue reading

ASIC: orders to wind up Global Rule

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ASIC obtains orders to wind up Global Rule ASIC has obtained orders, by consent, in the Supreme Court of Queensland appointing Mr Michael McCann, of Grant Thornton, as liquidator of... Read more continue reading

ASX launches free online ETF courses

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The Australian Securities Exchange (ASX) has launched seven new and free online courses designed to help investors understand exchange-traded funds (ETFs). ETFs and exchange-traded commodities (ETCs) invest in a portfolio... Read more continue reading

Zurich sells Lonsec to Financial Research Holdings

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Financial Research Holdings and Zurich today announced the sale of Zurich subsidiary Lonsec Limited, a leading research and stock broking business, to Financial Research Holdings. x A spokesman for Financial... Read more continue reading

CommSec: Home loans rise but investors stay clear

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Housing finance The number of new owner-occupier housing loans rose by 4.8 per cent in April after falling by 1.1 per cent in March. The number of loans is 3.1... Read more continue reading

LGsuper appoints Decimal to move limited advice online

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QLD super fund among growing list of Decimal industry partners Leading Queensland local government fund LGsuper has selected Decimal to help drive a technology-based solution in support of fund members requiring single-issue... Read more continue reading

ASIC imposes conditions on iPlan licence

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ASIC has imposed additional conditions on the Australian financial services (AFS) licence of Queensland-based, iPlan Financial Services Pty Ltd (iPlan), after a surveillance of its advice business. ASIC’s action follows... Read more continue reading

Emerging Resources Company Share Fund ranked 4th by Morningstar

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The Emerging Resources Company Share Fund managed by boutique equity fund manager E.I.M. Capital Managers celebrated its fifth anniversary at the end of April. It achieved a 15.8% pa return over... Read more continue reading

AMP Capital appoints Global Head of Infrastructure

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AMP Capital Investors today announced Scott Davies has been appointed as AMP Capital’s new Global Head of Infrastructure, effective July 2011. This comes after Phil Garling, AMP Capital’s current Global Head... Read more continue reading