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Showing 12471 - 12480 of 15810 results for "TER"

Market Wrap - Morning

AAP  |  FRIDAY, 11 DEC 2009
Australian shares are likely to open higher on Friday after US stocks gained on better than expected US export figures. At 0711 AEDT on the Sydney Futures Exchange, the December share price index contract was 26 points higher at 4,640. In company news ...

Market Wrap - Midday

AAP  |  THURSDAY, 10 DEC 2009
A stronger-than-expected labour force report for the month of November pulled the Australian share market out of the doldrums and into positive territory at noon. At 1200 AEDT the benchmark S&P/ASX200 index was up 8.4 points, or 0.18 per cent, at 4,646.3 ...

ETFs slash fund fees to 15bp

ALEX DUNNIN  |  THURSDAY, 10 DEC 2009
Australian trustees looking to slash fees should have a good look at the US public sector quasi-industry fund, the Thrift Savings Plan, that uses Exchange Traded Funds (ETF) to deliver total fees of just 0.15 per cent. Thrift is a US pension fund used ...

Tower pursues more insurance mandates

RUTH LIEW  |  WEDNESDAY, 9 DEC 2009
Tower will aggressively tender for more mandates next year as the firm forecasts further super fund consolidation and insurance reviews to come, said Geoff Black, chief executive of group life and investments. Tower's $600 million deal with AustralianSuper ...

Debt load

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2009
Just when we thought Dubai's Desert Storm was just a one-off, we're now confronted with the shock and awe at more warnings over sovereign credit ratings. Remember the one? Towards the close of November Dubai World dropped a bombshell by announcing that ...

ASIC proposal exposes investors to default risk

MICHAEL HOBBS  |  TUESDAY, 8 DEC 2009
The regulator's proposed listed corporate bond market has been welcomed by the industry but one bond manager warned its timing could pose a risk to retail investors. The Australian Securities and Investments Commission (ASIC) is proposing to develop ...

Van Eyk ventures into NZ

COMPANY RELEASE  |  TUESDAY, 8 DEC 2009
Van Eyk Research has taken its first major step into the New Zealand market with the signing of AMP Financial Services New Zealand as an anchor client. Van Eyk chief executive Mark Thomas said the firm has watched closely the emergence of the Kiwi Saver ...

Equiti talks to planners regarding stakeholding

MICHAEL HOBBS  |  TUESDAY, 8 DEC 2009
Equiti is negotiating with a number of financial planning practices to give them equity stakes in the group's direct property funds management business. Darren Wise, executive director at Equiti Funds Management, said it has launched an ownership structure ...

BTIM wins $450m into 130/30 fund

RUTH LIEW  |  MONDAY, 7 DEC 2009
The BT Wholesale Australian Long/Short Fund has attracted $450 million in institutional mandates in the last four months, during one of the most turbulent periods for hedge funds hunting for inflows. The 130/30 fund is managed by portfolio manager Jim ...

UK variable annuity sales dive

COMPANY RELEASE  |  MONDAY, 7 DEC 2009
UK demand for variable annuities has dropped significantly during the third quarter of 2009 as sales fell from more than $610 million to over $250 million. The Watson Wyatt research found variable annuity sales between the second and third quarter fell ...