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Showing 12481 - 12490 of 20561 results for "BEN"

Mac Life expands claims and underwriting team

BEN COLLINS  |  TUESDAY, 4 SEP 2012
Macquarie Life has made two new hires in its underwriting and claims teams. Tony Baker will take on the role of financial risk manager and will provide specialist expertise and support to advisers on financial underwriting and claims cases. In addition ...

Market Wrap

AAP  |  TUESDAY, 4 SEP 2012
Australian shares have opened flat due to a lack of direction from the US after Wall Street was closed for a public holiday. At 1014 AEST on Tuesday, the benchmark S&P/ASX200 index was down 1.2 points, or 0.03 per cent, at 4,328.5 points, while the ...

AusEthical announces 64% profit drop

BEN COLLINS  |  TUESDAY, 4 SEP 2012
The only thing up in Australian Ethical Investment's (AEI) full year results were expenses, with a 64% net profit (after tax) drop on the previous year announced yesterday. Lower revenues caused by a 3.6% drop on funds under management, bad market conditions ...

Apostle launches global equity fund

LINDA HAUSKEN  |  TUESDAY, 4 SEP 2012
Apostle Asset Management has launched the Apostle Dundas Global Equity Fund for institutional and retail investment in Australia. The equity fund brings the investment expertise of Apostle's newest affiliate manager, Edinburgh-based Dundas Global Investors ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies. Australians who live longer than current life expectancy will face ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
We've peered through the Hole and we saw something - we think. Now it's the Europeans turn. Yes Virginia, the Europeans are back in town! And yes, Virginia, we can tell because we're hearing the same rhetoric from the usual suspects being replayed on ...

Market Wrap

AAP  |  TUESDAY, 4 SEP 2012
... China added to expectations of more stimulus measures in the United States following strong hints from Federal Reserve chief Ben Bernanke on Friday. Hong Kong on Monday added 0.39 per cent, or 76.64 points, to 19,559.21 and Shanghai ended 0.57 per cent ...

Asset Super and CareSuper merger set for October

MELANIE TIMBRELL  |  MONDAY, 3 SEP 2012
After a year of delays, industry super funds Asset Super and CareSuper said Friday they would merge on October 26 this year. The boards of the two funds agreed to in-principle support for the merger in September last year subject to due diligence, although ...

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
British bank Barclays may scale down its investment banking arm, after new chief executive Antony Jenkins said new regulations would "make some activities in investment banking difficult to make an adequate return on." He said profits would be hit by ...

Buying volatility a viable alternative

BEN COLLINS  |  MONDAY, 3 SEP 2012
Futures on the VIX exchange can allow funds to diversify portfolios by buying volatility, said Chris Thompson, Portfolio Manager, Advance Asset Management. Thompson said that a lot of alternative investment strategies involve "going long" on volatility ...