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Market Wrap

AAP | WEDNESDAY, 20 OCT 2004

... benign base metal and oil prices are likely to weigh on the local bourse. That being said, there are plenty of individual company stocks to watch, given that AGM season is in full swing and some first quarter results are expected. The December share ...

Scott moves to Tyndall

... Mr Scott's experience includes business development roles with in the financial services and as a general manager and company secretary for a fund manager. Prior to these roles Mr Scott was a compliance analyst with the Australian Securities and Investments ...

Perpetual says Q1 well ahead

AAP | TUESDAY, 19 OCT 2004

... trustees Australia Ltd said today that its first quarter was well ahead of the same period a year earlier and that the company was on track to record a strong increase in operating profit. Increased fund inflows had helped the company, which had made ...

Catalyst raises profit by over 30% on previous first quarter

... of 15 per cent compared to the corresponding period last year. The result has exceeded board expectations and marks the company's third consecutive year of profit growth. Catalyst managing director Mr George Zammit attributed the result to the successful ...

ASIC cancels Halifax Partners' Australian financial services licence

ASIC has cancelled the Australian financial services licence of Halifax Partners (Halifax) upon request by the company's sole director Mr Jason Foote. Halifax had earlier been subject to an investigation by ASIC regarding contraventions of the Corporations ...

Jason Brown new business manager of Mariner Financial Queensland

... to Mariner 15 years of experience in the financial services industry, including 12 years as a leading BDM with AXA. The company expects the appointment to facilitate its growth in the national property and annuities markets.

Brian Long head of van Eyk's distribution

... Stephen van Eyk said Mr Long will provide the right balance of business development and relationship management skills the company was seeking.

Multix exit strategy pays off for AMP

... jointly owned by GN Holdings management and AMP Capital Investors' Business Development Fund No. 1 The core business for company is in the supply of consumer products and has managed to generate sales of approximately $45 million. "The business was acquired ...

HIH: another two bite the dust

... Mr Boulden will no longer be able to act as director or senior manager of a general insurer, authorized non-operating company or foreign general insurer. In his role as managing director Mr Aistrope was reported to have manipulated the September 2000 ...

Citigroup, Bank of America post higher profits

AAP | FRIDAY, 15 OCT 2004

... third-quarter profit, driven by gains in consumer banking. Profit at Citigroup, the world's largest financial services company, rose 13 percent to $5.31 billion, while profit at Bank of America, the No. 3 U.S. bank, jumped 29 percent to $3.76 billion. ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI | 12:01PM

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI | 11:30AM

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI | 12:13PM

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI | 11:50AM

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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