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Showing 11641 - 11650 of 20558 results for "BEN"

Virgin blazes trail with redundancy cover

MICHELLE BALTAZAR  |  WEDNESDAY, 13 MAR 2013
Virgin Money Australia plans to roll out a full suite of insurance products following a phenomenal take-up of its existing offering, including income cover that pays up to $3,000 a month if the insured is made redundant. The group's managing director ...

UK multi-asset favourite pushes for super fund mandates

MARK SMITH  |  WEDNESDAY, 13 MAR 2013
One of the UK and US's best selling managed investment funds is now being marketed to Australian institutional investors. The Standard Life Investments Global Absolute Return Strategies (GARS) fund has attracted more than $30 billion funds under management ...

MLC head to leave in NAB executive shake-up

MARK SMITH  |  WEDNESDAY, 13 MAR 2013
The National Australia Bank has confirmed the departure of MLC head Steve Tucker in a dramatic shake-up of its executive team. The bank announced a significant restructure in a strategy and technology update released today. Current group executive of ...

Market Wrap

AAP  |  WEDNESDAY, 13 MAR 2013
The Australian market is set to open higher as Wall Street posted a small rise and on better news from Spain, where borrowing costs eased. At 0820 AEDT on Tuesday, the March share price index futures contract was up nine points at 5,123. In economic ...

Refresher pause?

BENJAMIN ONG  |  WEDNESDAY, 13 MAR 2013
I don't know if you're feeling what I'm feeling but I feel that the S&P 500 index is being quite a tease the past few days. While the Dow just went and did it - broken its record - the S&P 500 continues in flirt mode, heading towards it but not really ...

Magellan wins $3bn milestone mandate

LAURA MILLAN  |  TUESDAY, 12 MAR 2013
Magellan Asset Management has secured a $3 billion mandate from UK investor St. James Place - just one of the fund manager's record wins in the past 12 months. The mandate has boosted Magellan's total FUM, which now stands at $10.4 billion, Frank Casarotti ...

Advisers open to double allocation to global equities

MARK SMITH  |  TUESDAY, 12 MAR 2013
An industry spot poll found that financial advisers are open to switching from a 70:30 split on their domestic versus global equities allocation to a 50:50 following a well-argued case on the merits of investing more offshore. Attended by more than ...

Fund stalwarts draw $6bn in Aus equities mandates

MARK SMITH  |  TUESDAY, 12 MAR 2013
Of the $10 billion worth of mandates handed out to Australian equity managers in the past 12 months, a staggering $5.97 billion has been given to just three investment houses, data from Rainmaker Information can reveal. The three fund managers, which ...

Market Wrap AM

AAP  |  TUESDAY, 12 MAR 2013
The Australian market is set to open modestly higher on Tuesday, as Wall Street rose to another record high. At 0659 AEDT on Tuesday, the March share price index futures contract was up five points at 5,159. In economic news on Tuesday, National Australia ...

Still the best game in town

BENJAMIN ONG  |  TUESDAY, 12 MAR 2013
Wall Street continues to treat us to the spectacle that is the running of the bulls. The Dow is now a full 2.0% away from its 2007 record and the S&P 500 is less than 10 points away from reclaiming its own. To be sure, there was some not so good news ...