Market wrap - middayBY AAP | MONDAY, 13 NOV 2006 12:39PMThe Australian stock market was trading lower at noon after a sharp fall in metal prices hit resource stocks, and cancelled out a positive lead from Wall Street. At 1200 AEDT the benchmark S&P/ASX200 index lost 8.4 points to 5428.3, while the all ordinaries dropped 10.3 points to 5398.9. |
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L1 Group sells Platinum's responsible entity to Equity Trustees
|L1 Group has offloaded Platinum Investment Management Limited (PIML) to Equity Trustees (EQT), handing over the responsible entity (RE) role for the Platinum funds while keeping investment management in-house.
LGT poaches Koda Capital's top-rated adviser
|LGT Wealth Management has poached Koda Capital's 2025 top-rated adviser and partner Frank Macindoe.
CareSuper rejigs beneficiary nominations, investment options
|CareSuper has introduced several changes to its investment options and beneficiary nominations.
Fortnum pays $1.35m to settle ASIC lawsuit
|Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023.
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Featured Profile
Cliff Man
CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD
ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
