funds management

Financial planning

BT gives guarantees but still suffer ratings downgrade

BT FUNDS Management has given assurances that despite the poor performance of its Australian Equities fund it will not close the fund to new investors nor wind it up in t...

Financial planning

Wrap accounts: the banks’ ticket to distribution

The value of BT to a big bank like Westpac lay in its wrap account platforms and that, argues LEO WASSERCUG, is a sign of the times....

Financial planning

BT drops fees under pressure from van Eyk

BT Funds management has dropped the fees on its flagship BT Australian Share Fund under threat of a sell rating from the van Eyk Research group....

Financial planning

The big deals of the Top 100

The Top 100 Dealers Survey is punctuated by the moves of dealer groups, which are often the result of large wallets and large deals. SIMON SEGAL looks at what went down b...

Financial planning

Standing on the shoulders of giants

Fifteen years is a long time to be doing the same thing but in August this year Money Management entered into its 15th year of providing consistent and regular coverage o...

Financial planning

There is a lot about now to remind us of then

WHILE it was the year Money Management was born, most people’s strongest memories centre around market upheavals – the 1987 sharemarket crash in particular....

Funds management

MacarthurCook makes play for property group

Fledgling property fund manager MacarthurCook has launched a bid to take control of listed property developer Lion Equities....

Financial planning

Major dealer groups consider pulling out of BT

BT Funds Management will face even further scrutiny of its acquisition by Westpac, with Australia’s major financial planning dealerships reviewing whether to pull their i...

Financial planning

Serhan leaves Assirt as sell rating introduced

Assirt associate director Anthony Serhan has left the research house on Friday of last week bringing the total number of departures from the group in recent months to fou...

Funds management

Advance gears up with OZ equities funds

Advance Funds Management will launch an Australian Geared Equity Fund and an Australian Smaller Companies Fund this week to capitalise on increasing market demand for per...

People & Products

Coombe still standing as heads roll at BT

ROB Coombe started last week as the head of retail at BT Financial Group. He finished it as the most senior BT executive still standing following Westpac Bank’s decision ...

Editorial

Challenger’s hold on annuities takes profits higher

Challenger International has attributed a 24 per cent rise in year-on-year profits to an increase in sales of annuity and funds management products....

Financial planning

IFAs to dominate UK retail market

Independent financial advisors (IFAs) in Britain are set to snatch more than 50 per cent of the local retail funds management market by 2006, in spite of legislation to d...

Financial planning

Parsons steps down at Invesco

Michael Parsons has stepped down as chief executive officer of Invesco Australia, citing personal reasons as the driving force behind his decision to leave the company....

Financial planning

Research houses put BT in holding pattern

Three of Australia’s most influential investment research houses - van Eyk, Assirt and Lonsdale Securities (Lonsec) - have placed a blanket hold on BT Financial Group fun...