Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1091 - 1100 of 1331 results for "AFFECTED"

APRA calls for IT risk submissions

MICHAEL HOBBS  |  WEDNESDAY, 13 MAY 2009
... options. The error meant investment returns across a number of options were overstated. Member super balances were not affected as a result of the miscalculation. The super fund said it was working with the fund's administrator to ensure a similar event ...

Goldilocks Budget 2009

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2009
... of the bright young lads who populate the government offices, trading desks and boardrooms of today may have also been affected by the recession of the 1990s...but only indirectly. Recessions have become such a novelty for Australia that when it makes ...

ING IM backs Asian bonds

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
... assessment. Rob Drijkoningen, head of global emerging markets at ING Investment Management, said China's fall in exports has affected the country's economic growth but it still remains strong. "The country is keeping to its tradition of boosting domestic ...

Global funds face currency pains

MICHAEL HOBBS  |  MONDAY, 4 MAY 2009
... their income distribution for the latest quarter. "Any fund with a foreign exchange hedging exposure will be ultimately affected in terms of the positions taken in their forward contracts," he said. "It's very unlikely that all funds will be immune. ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 29 APR 2009
The Australian stock market was lower at noon as the financial sector was affected by ANZ's disappointing first half profit result. At 1200 AEST, the benchmark S&P/ASX200 index was down 18.6 points, or 0.5 per cent, at 3689.8, while the broader All ...

Select exits third party distribution

RUTH LIEW  |  TUESDAY, 28 APR 2009
... for retail investors to be individually picking in their portfolio," said Fairweather. Institutional clients are not affected by the recent fund changes. "This is a retail decision, rather than a product decision," he said. The main driver for this restructure ...

Russell slashes Aust jobs

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
... any impact on our investment capability as none of our senior research analysts and very few portfolio managers were affected," Morris said. Russell Investment Group previously flagged a reduction in the firm's workforce in January this year as part ...

S&P puts 12 CFS funds 'on hold'

ALEX DUNNIN  |  FRIDAY, 17 APR 2009
... this change as part of our current small-cap sector review, and we will be seeking to resolve the 'On Hold' status of affected funds in the process," said Gunn.

Bankwest cuts 400 staff

MICHAEL HOBBS  |  MONDAY, 30 MAR 2009
... Bankwest, is to shed around 400 employees from the bank's operations but confirms the financial planning arm will not be affected. The bank is planning on making 250 redundancies in Western Australia and 150 on the east coast. No retail "customer facing" ...

Beggar thy neighbour

BENJAMIN ONG  |  MONDAY, 23 MAR 2009
... say yum cha. The US could also reason that the Swiss started it this time. Switzerland's financial system hadn't been affected as much as other countries by the liquidity squeeze. In fact its currency - considered a safe-haven - has appreciated as the ...