Market wrap - middayBY AAP | WEDNESDAY, 8 NOV 2006 12:48PMThe Australian stock market was weaker at noon today after a central bank interest rate rise put the brakes on the bourse's recent rally to record highs. At 1200 AEDT the benchmark S&P/ASX200 index was 24.5 points lower at 5467.1, while the all ordinaries fell 23.8 points to 5432.9. |
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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.
