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Market wrap

AAP  |  WEDNESDAY, 27 JUL 2005
The Australian share market is expected to open firmer, although it will struggle to make fresh record intra day highs. The market closed at record levels yesterday for the fifth straight session but was unable to make intra day highs. With mixed base ...

Trust appoints Davis to superannuation board

The Trust Company has appointed superannuation legal expert Noel Davis to join its superannuation services board. A practicing Sydney Barrister, Davis has a strong legal background in financial services, particularly in superannuation. He has been advising ...

DFA offers cost and tax-effective access to Australian top 100

... Andrew Cain and chooses to overlook speed of execution and strict tracking error constraints to allow a disciplined price focus. The team adds further value by looking at returns on a post-tax basis. To this end the manager aspires to reduce dividend ...

Citigroup appoints head of new wealth management business

... client assets. Globally the private bank has 560 private bankers advising more than 12,000 clients around the world. "Our focus will be to build the two wealth management brands by enlarging our product capabilities and expand and develop the talent ...

Specialist investment managers not prominent in retail marketing

... players in the industry such as fund management companies owned by the 'big four' banks and the two largest insurers by their focus on wholesale investors, lack of ownership of large financial planning networks and in most cases by not administering ...

Treasury Group strikes Asian deal, names new chair and boosts funds

... Fitzpatrick as board chair at its next annual general meeting, replacing Lee IaFrate who will remain a board director and focus on developing the Armytage business.

New group executive roles at Promina

... on the Australian and New Zealand Stock Exchanges, we have successfully delivered on our strategy of specialisation and focus. We have done this by actively harnessing the collective strength and energy of our insurance and financial businesses." "As ...

Hillross gives Perpetual International the thumbs-up

... being included on the AMP-owned dealer group's Experts Choice platform. "The largely benchmark unaware approach and the focus on quality is appealing and we are impressed with the team's experience and track records," Hillross senior research analyst ...

Westpac Super looks to Watson Wyatt for actuarial services

... on providing independent consulting services to major superannuation funds and businesses. Our appointment reflects this focus, as well as the depth and experience of our team," he adds. The consulting firm specialises in providing independent consulting ...

Standard & Poor's puts DeAM fund on hold after sale

Standard & Poor's has placed the Deutsche Global Bond Fund on hold following the sale of parts of Deutsche Asset Management's (DeAM) global asset management business to Aberdeen Asset Management. Last Thursday Deutsche announced it had signed an agreement ...