Market wrap - middayBY AAP | FRIDAY, 13 JUL 2007 12:37PMThe Australian stock market had surged into record territory at noon, with Rio Tinto's $44 billion takeover bid for Canadian aluminum producer Alcan underpinning solid gains in the resources sector. At 1200 AEST the benchmark S&P/ASX200 was 44.5 points higher at 6407.9, while the all ordinaries had gained 41.7 points to 6441.8. |
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Mercer Super chief executive steps down
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.
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L1 Group posts 'marked recovery' in June quarter
L1 Group has reported a marked recovery in investment performance in the June quarter.
European PE firm mandates Apostle with Australian distribution
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.






