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Showing 13381 - 13390 of 17975 results for "Bank"

VFMC ex-chief to chair MCFS

COMPANY RELEASE  |  FRIDAY, 5 JUN 2009
Sydney Bone, the former chief executive of $30 billion VFMC, has re-emerged as chairman of the Melbourne Centre for Financial Studies (MCFS). Bone was until recently chief executive of the Victorian Funds Management Corporation which manages the state's ...

Five minutes of sunshine

BENJAMIN ONG  |  FRIDAY, 5 JUN 2009
'Don't fight the Fed!' 'The trend is your friend!' These market aphorisms are again coming back in fashion. Upward momentum in equity markets all around the world have been steadily gathering pace since hitting what is turning out to be the lowest point ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 JUN 2009
... 24.10, or 1.32 per cent, to 1,850.02. LONDON - Europe's leading stock markets ended virtually flat after the European Central Bank (ECB) and the Bank of England held interest rates steady, with the ECB forecasting a eurozone contraction of 4.6 per cent ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 JUN 2009
... cent, to $35.51, while rival Rio Tinto plummeted $3.73, or 5.21 per cent, to $67.87. The major banks were mixed. Commonwealth Bank put on 26 cents to $37.06, Westpac lost 26 cents to $18.91, ANZ gained eight cents to $16.44, while National Australia ...

AMP Cap continues senior hiring spree

COMPANY RELEASE  |  THURSDAY, 4 JUN 2009
AMP Capital Investors hired Warwick Mancini as head of investment specialists for unlisted assets and Brigette Leckie as senior investment specialist for Asia Pacific equities. Mancini joins AMP Capital Investors from Macquarie Group where he worked ...

Hedge funds to get $60 billion boost

COMPANY RELEASE  |  THURSDAY, 4 JUN 2009
Pension funds around the world are expected to pump up their $547 billion hedge fund allocation by more than $60 billion before December as they look to balance assets and liabilities, new research shows. Hedge fund managers are expected to heap an ...

Up and over in the land downunder

BENJAMIN ONG  |  THURSDAY, 4 JUN 2009
... seeing our economic performance. But dodge a recession it did not. Australia's escape from R was engineered - by the Reserve Bank of Australia pulling down interest rates, by the government sending checks and re-investing in infrastructure, by many Australians ...

Market Wrap - Morning

AAP  |  THURSDAY, 4 JUN 2009
... the Australian Bureau of Statistics (ABS) releases international trade in goods and services data for April. The Reserve Bank of Australia (RBA) governor Glenn Stevens speaks in James Cook University's business excellence series. The South Australian ...

Intl equities on a good run...

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2009
International equity markets have come a long way after hitting what is now looking likely their lows during the current cycle. The optimism engendered by the slowly mounting economic indications that the market has left the worst behind it is encouraging ...

UK fundies say worst is over

RUTH LIEW  |  WEDNESDAY, 3 JUN 2009
UK fund managers believe the worst of the market downturn hitting the FTSE is over - and are planning to increase their investments in UK shares. New research by Lloyds TSB shows that fund managers are optimistic that the recent bad run in the value ...

Editor's Choice

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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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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