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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Another MWL adviser banned over Shield collapse
|ASIC has banned another MWL Financial adviser Nicole Niu from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business for a period of five years.
Warakirri, LongView launch home equity strategy
|Warakirri Asset Management and LongView are partnering to bring a new shared equity co-investment fund exclusively to wholesale investors seeking access to Australia's residential property market.
Swedish PE giant sweetens offer bid for Perpetual
|EQT AB has sweetened its offer bid for Perpetual, after the financial services firm rejected the unsolicited takeover bid from the Swedish private equity giant earlier in the month.
Igneo opens private infrastructure strategy to advised investors
|Igneo Infrastructure Partners has launched its first private infrastructure fund for advised and wholesale investors in Australia.
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Featured Profile
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.
