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Investment

More pain to come for councils

BY RUTH LIEW | TUESDAY, 9 JUN 2009 11:55AM

New South Wales councils may suffer more losses from their investments particularly those that have derivatives in their portfolios and not just toxic CDOs, warns an investment academic.

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Former chief financial officer at Rest returns in new role

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Rest is welcoming back it's former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

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Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

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