Small managers face a compliance crunch

Article Abstract:

Australia's Managed Investments Act of 1998 may make it difficult for boutique funds managers such as Mike Crivelli. The new law requires a larger amount of capital for funds managements companies to get started: at least $100,000 Australian and under $5 million Australian. The additional requirement that one entity supervise all aspects of a new fund cost startup companies more money.

Investment Companies, Open-End Investment Funds, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Asset Valuation & Distribution, Australia, Laws, regulations and rules, Economic policy, Beliefs, opinions and attitudes, Crivelli, Mike

---

Tidings of great profits spring from the depths of depression

Article Abstract:

Investment managers which specialize in Asian funds are warning investors not to withdraw from Asian markets completely because there will be a recovery. The average return for Asian funds for 4th qtr 1997 was a loss of 21% and the average return for Asian funds for all of 1997 was a loss of 26%. The best performer was the GT Global Asian Growth Fund with an annual return of 8.6%.

Mutual Fund Mgmt Companies, Portfolio Management, Economic aspects, Forecasts and trends, Statistics, Asia, Mutual funds, Investment advisers, Mutual fund industry

---

Similar abstracts:

• Abstracts: Put-call parities and the value of early exercise for put options on a performance index. Two-state option pricing: binomial models revisited
• Abstracts: Perceptions of strategic priorities, consensus and firm performance. Tacit knowledge: some suggestions for operationalization
• Abstracts: Mitsubishi unit bets big on digital TV, to end sales of standard sets in U.S. Microsoft, Harman Design, produce remote control
• Abstracts: Bertelsmann plans Website for book sales via Internet: challenge to Amazon and other pioneers. Once upon a frenzy; book industry in big shift focused on product delivery
• Abstracts: Many jobs on Web, but not all of them. A poker-faced shareholder is behind the showdown over Lycos. At on-line auctions, good, and raw, deals

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.