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Showing 11481 - 11490 of 17967 results for "Bank"

Market Wrap - Midday

AAP  |  FRIDAY, 29 JUL 2011
... Banks and financials were up, with ANZ gaining 10 cents to $21.09. Commonwealth added 19 cents to $49.63, National Australia Bank was up nine cents at $24.27, while Westpac was flat at $20.65. Telstra was one cent higher at $3.01. At 1215 AEST, the worst ...

Bonds eye off super funds

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
... controlling risk for institutions is to start moving their allocation to fixed interest with sovereign bonds, global credit, bank loans and inflation linked bonds. "There is a still an educational process but there is a lot more interest from institutional ...

CBA insurance premiums rise

MATT WOODINGTON  |  FRIDAY, 29 JUL 2011
Commonwealth Bank of Australia reported a 3% rise in its wealth management division for the June 2011 quarter, while the appreciating Australian dollar caused a slight drop in its funds under administration and management. CBA's insurance inforce premiums ...

S&P loses Hoven

RACHEL DAVIS  |  FRIDAY, 29 JUL 2011
Standard & Poor's managing director of fund services Mark Hoven has moved on from the ratings house. A spokesperson for S&P told Financial Standard that Hoven has already left the company. S&P said that research related enquiries should be directed ...

Lonsec casts eye over fund fee structures

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
... appropriate hurdle, given that these managers could achieve this by simply investing their entire portfolio in an interest-bearing bank account," the report said. The review found that Australian Equities managers in the peer group tended to charge a ...

New bond fund targets corporate sector

MATT WOODINGTON  |  THURSDAY, 28 JUL 2011
... investment officer, Bill Bovingdon, invests in fixed interest securities, derivatives and cash, including government, corporate, bank and other bonds. Its largest exposure is currently the Queensland Treasury Corporation with 16.5% of the portfolio ...

Macquarie backs annuity income as contributions drop

MATT WOODINGTON  |  THURSDAY, 28 JUL 2011
... turnover on the prior quarter, although it fell 4% on Q1 2011. Macquarie's share price was down $0.90 this morning, after the bank blamed weaker market conditions for a fall in contributions from operating groups. Contributions for Q1 2012 were down ...

Bennelong nabs two Herschel managers

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Bennelong Funds Management has nabbed two fund managers from Herschel Asset Management, forming a new absolute return team. Mark Burgess and Kristiaan Rehder have moved across to Bennelong, effective from September 1 and will be majority shareholders ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 JUL 2011
The Australian share market remains lower as fears over a pending US sovereign debt default pulled Asia markets down, with all local sectors trading in the red. By 1200 AEST, the benchmark S&P/ASX200 index was down 49.9 points, or 1.1 per cent, at 4,487.5 ...

One year jail for Opes Prime directors

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
... using his position as a director and one charge of recklessly using his position as a director of OPSL in order to secure bank finance. Blumberg was convicted of one charge of dishonestly using his position as a director in relation to the signing of ...