We can’t afford to lose confidence in the custodians

The first question is: can National Australia and ANZ, its predecessor as custodian for the Astarra Strategic Fund, confirm the existence of the fund's...

Watchdog silent on court order against Trio funds

THE AUSTRALIAN Securities and Investments Commission has not been able to make any public disclosure about its legal case against two of the most...

ASIC puts urgent stop order on funds

THE AUSTRALIAN Securities and Investments Commission yesterday issued an urgent interim stop order forcing Trio Capital - until recently known as Astarra Capital -...

Grinning all the way to the bank – until watchdog started sniffing

IT WAS a case of the little fund that could. During the height of the global financial crisis, as cashed-up investors were reeling in...

Myer float is far from a bargain, but market cannot let it fail

Unless you were six foot under in a box, you would have heard a bit about the looming Myer float of late. The team mascot...

Myer test case for market

UNLESS you were six foot under in a box you would have heard a bit about the looming Myer float. Team mascot Jennifer Hawkins...

Walker to step down from Fairfax

FAIRFAX Media chairman Ron Walker is expected to step down at the company's annual meeting in November. Mr Walker, who had pledged to stand for...

Walker to step down as Fairfax chairman

THE chairman of Fairfax Media, Ron Walker, is expected to stand down at the Fairfax annual general meeting in November. Mr Walker, who had pledged...

Corbett ‘unlikely’ Fairfax chairman

THE prospect of the former Woolworths chief executive Roger Corbett becoming the new chairman of Fairfax received a setback yesterday after it emerged that...

Telco’s break-up good for consumers, bad for shareholders

THE Government's decision to split Telstra may prove a boon to consumers but has incensed shareholders of the telecommunications company who had no inkling...