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Showing 10411 - 10420 of 10717 results for "May 2011"

Midday Market Wrap: Market slips into negative

The Australian share market slipped into negative territory at noon weighed down by the weakening bank sector. At 1210 AEDT, the benchmark S&P/ASX 200 index was 1.2 points lower at 3243.2 while the all ordinaries eased 0.2 of a point to 3254.7. On the ...

Asgard adjusts benchmarks for SMAs

Investment platform Asgard has adopted more conservative asset allocation benchmarks for its range of preset model portfolios, as part of a relaunch of the group's separately managed accounts (SMAs) - Funds. And, mirroring the efforts of other master ...

Victorian securities dealer banned:ASIC

A Victorian securities dealer has been permanently banned from doing any act as a representative of a dealer or an investment adviser, following an investigation by the Australian Securities and Investments Commission (ASIC). Michael Kwong of Malvern ...

AFA hits out on ASIC's FSR license powers

The Association of Financial Advisers (AFA) has sought urgent clarification from Hon Ross Cameron MP, the Minister responsible for the Financial Services Reform Act (FSRA), and from ASIC, on how consumers can be protected from the consequences of a ...

Midday Market Wrap: Dollar stronger, bonds steady

The Australian dollar was slightly stronger at noon, edging higher on the back of yen gains against the weakening US dollar. At 1200 AEDT the Australian dollar was trading at $US0.7006/11 compared with Friday's close of 0.7004/09. The local unit was ...

Strategist departs HSBC Asset Management

HSBC Asset Management has sacked its investment strategist, Kerry Duce, industry sources have told the Financial Standard. Mr Duce had been with HSBC since July 2002, and was formerly an economist with the local arm of broking house CSFB and the Australian ...

Afternoon market wrap: Shares continue to lose ground

WITH AAP  |  FRIDAY, 24 OCT 2003
The Australian share market closed in the red, with interest focused on news that ANZ Banking Group had reached agreement to acquire the National Bank of New Zealand (NBNZ). The benchmark S&P/ASX 200 index closed down 10.1 points at 3256.2 while the ...

Midday Market Wrap: Dollar gets handle over 70 US cents

AAP  |  FRIDAY, 24 OCT 2003
The Australian dollar was weaker at noon but had managed to get a handle back above 70 US cents after some overnight losses. At 1200 AEST the Australian dollar was trading at $US0.7013/19 compared with yesterday's close of 0.7035/38. The local unit ...

ASGARD launches fee discounts for family accounts

ASGARD has implemented a sweeping range of fee discounts of up to 33 per cent for linked family accounts, the investment platform has announced. The platform said that the move, aimed at rewarding investors for consolidating their investments with ASGARD ...

Morning Market Wrap: Rise expected after mixed night on Wall Street

The Australian share market is likely to move higher despite a mixed night on Wall Street overnight. In the US stocks ended mixed, with the Nasdaq finishing lower and the Dow Jones recouping early losses to close firmer. By 0638 AEST on the Sydney Futures ...