Business Services Industry
Investors told: cop it sweet with hike.
Australasian Business Intelligence, October, 2003
Oct 01, 2003 (The Australian - ABIX via COMTEX)
Investors in Australia's largest listed investment company have been told they must live with higher fees. The chairman of the Australian Foundation Investment Company (AFIC), Bruce Teele, says that to date, the company had drawn on its relationship with JBWere to procure management, and that in the wake of the merger between JBWere and Goldman Sachs, some of those costs that had been absorbed by JBWere would come back to AFIC's accounts.
Publication Date: 2 October 2003
AUSTRALIAN FOUNDATION INVESTMENT
COMPANY LIMITED - ASX AFI:
GOLDMAN SACHS JBWERE PTY LTD:
DJERRIWARRH INVESTMENTS LIMITED -
ASX DJW:
MIRRABOOKA INVESTMENTS LIMITED - ASX
MIR:
COMMONWEALTH BANK OF...
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