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Showing 13351 - 13360 of 15819 results for "TER"

St.George's tech gets a boost

RUTH LIEW  |  TUESDAY, 2 SEP 2008
St.George Bank's data warehousing practices are expected to go through a major upgrade following the installation of the Teradata 5550 platform and Teradata 12 database in Australia. The new system consists of a three-node Teradata 5550 platform in ...

Fitzpatrick vacates VFMC chair

RUTH LIEW  |  TUESDAY, 2 SEP 2008
Mike Fitzpatrick, chairman of the $37 billion Victorian Funds Management Corporation, is ending his three year term in January next year. In a media statement released yesterday, VFMC confirmed that Fitzpatrick had advised the fund's board that he will ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 SEP 2008
The Australian share market was stronger at noon, buoyed by financial stocks in the lead-up to a widely expected cut in official interest rates by the Reserve Bank of Australia this afternoon. At 1200 AEST, the benchmark S&P/ASX200 was up 36.8 points ...

AustralianSuper sticks with securities lending

ALEX DUNNIN  |  TUESDAY, 2 SEP 2008
AustralianSuper has reviewed its securities lending protocols and decided to continue the practice. "AustralianSuper, similar to most super funds, employs a range of short and long-selling strategies in order to maximise investment returns to members," ...

A cyber home for advisers: MLC

RUTH LIEW  |  MONDAY, 1 SEP 2008
MLC is looking to make its website a one-stop shop for advisers looking to do business online. Steve Barnes, head of online services and advice platform at MLC, said that adviser feedback of the new look MLC website unveiled in May has so far been positive. ...

Record fall in super fees

ALEX DUNNIN  |  MONDAY, 1 SEP 2008
... average 2.06 per cent almost always come bundled with extensive financial advice." First State Super with a total expense ratio (TER) of 0.41 per cent was found to be the lowest cost public offer fund, public offer Retirement fund and VALUE-choice fund. ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
This Week's Market Movers (1 - 5 Sep 2008) Four of the world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) ...

Market Wrap - Morning

AAP  |  MONDAY, 1 SEP 2008
The Australian stock market has received negative leads from Wall Street on Friday, although in a special trading session on in New York yesterday, oil rose again in anticipation of Hurricane Gustav making landfall in the continental US. At 0751 AEST ...

Credit Suisse nabs AMF stake

RUTH LIEW  |  THURSDAY, 28 AUG 2008
Credit Suisse Group has acquired an 80 per cent stake of National Bank of Canada-owned Asset Management Finance Corp. Credit Suisse confirmed in a statement that it paid $446 million for over 80 per cent of AMF. The Canadian company provides capital ...

AMP's profits down 2pc

RUTH LIEW  |  THURSDAY, 28 AUG 2008
AMP Limited has posted a two per cent fall in its underlying profit to $437 million after weathering challenging investment market conditions, but its financial services division survived the storm to report a three per cent increase in operating earnings. ...