Market wrap - middayBY AAP | FRIDAY, 25 MAY 2007 12:55PMThe Australian market continued along a downward trajectory from Thursday after opening lower from weak base metal prices and a poor lead from Wall Street. At 1015 AEST, the benchmark S&P/ASX200 index had dropped 49.3 points to 6,229.8. |
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Munro completes GSFM acquisition
Munro Partners has completed its acquisition of GSFM Funds Management, consolidating its Australian distribution and funds management operations as it enters a new phase of its partnership with Canadian investment manager CI Global Asset Management (CI GAM).
Perpetual awards OTC reporting mandate
Perpetual Corporate Trust has selected a service provider to provide independent reconciliation and oversight of over-the-counter derivative reporting across funds for which it acts as trustee and responsible entity.
ASIC issues serious and final warning on lead generation
Financial advice licensees risk losing their licence if they fail to adequately oversee lead generation arrangements, the financial regulator has warned.
Drummond hires from Ascalon, HUB24
Drummond Capital Partners has expanded its national team with two senior appointments, following the launch of its tailored investment solutions last year.
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Jacqueline Fernley
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Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.






