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Showing 1461 - 1470 of 1961 results for "SAN"

Drunk futures broker banned

FSA RELEASE  |  THURSDAY, 1 JUL 2010
A UK oil futures broker has been banned from the local financial services industry for five years and fined $126,000 for manipulating the market by trading huge volumes of oil contracts after a weekend bender. The Financial Services Authority (FSA) ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
The prudential regulator has drawn a line in the sand on how super fund investment options are to be labelled and announced it will introduce risk-based criterion for how diversified investment options will in the future be categorised. The move kills ...

FPA sets up Treasury taskforce

COMPANY RELEASE  |  FRIDAY, 18 JUN 2010
The Financial Planning Association has established a new taskforce to respond specifically to the FPA's consultation program with Federal Treasury. The new taskforce, called Future of Financial Advice Taskforce, will be responsible for building strong ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUN 2010
The Australian share market was lower at noon, with losses in the resources and energy stocks dominating share movements. At 1200 AEST, the benchmark S&P/ASX200 index was down 5.4 points, or 0.12 per cent, at 4,500.1 points, while the broader All Ordinaries ...

Market Wrap - Midday

AAP  |  THURSDAY, 3 JUN 2010
The Australian share market continued to rise in morning trade to be nearly two per cent higher at noon. At 1205 AEST, the benchmark S&P/ASX200 index was up 84 points, or 1.92 per cent, at 4,465, while the broader All Ordinaries index had gained 80.8 ...

Changing of the guard at Temasek

RUTH LIEW  |  MONDAY, 31 MAY 2010
Australian fund managers looking to do business with Asian sovereign fund Temasek will need to woo new leaders at the firm namely the new president and the new head of portfolio management announced last week. Dilhan Pillay Sandrasegara has been appointed ...

Market Wrap - Morning

AAP  |  MONDAY, 24 MAY 2010
The Australian stock market has received a mostly positive lead from offshore markets during weekend trading, after Wall Street finished firmer and the benchmark copper futures contract closed higher. Gold, silver and oil prices were weaker, however. ...

China SWF signs resources JV in Canada

COMPANY RELEASE  |  MONDAY, 17 MAY 2010
China's sovereign wealth fund (SWF) is investing more than $800 million as part of a joint venture to assist in the production of resource assets in Canada. The China Investment Corporation (CIC) formed a joint venture with Penn West Energy Trust to ...

BlackRock portfolio managers resign

S&P RELEASE  |  FRIDAY, 14 MAY 2010
... Australian head of BlackRock's investment strategies group, arranged for the transfer of two portfolio managers from the group's San Francisco office to manage the strategies until a solution is found. McCorry is taking on Jackson's responsibilities ...

Budget underwhelms planning groups

MICHAEL HOBBS  |  WEDNESDAY, 12 MAY 2010
Financial planning groups have applauded tax discounts on savings and higher super guarantee payments, but most don't expect the Federal Budget's announcements will heavily impact client strategies. The Rudd Government's Federal Budget announced last ...