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Showing 131 - 140 of 144 results for "IT investment"

Market wrap - midday

AAP  |  THURSDAY, 21 JUN 2007
The Australian share market has opened weaker after a soft lead from Wall Street. The minor retreat came after both local major indices ended yesterday's trading at record highs. At 1015 AEST, the benchmark S&P/ASX200 index lost 12 points to 6384.9 ...

Market wrap - morning

AAP  |  THURSDAY, 21 JUN 2007
The Australian stock market is expected to open weaker after a big fall on Wall Street. At 0706 AEST on the Sydney Futures Exchange, the June share price index was down 47 points at 6,362. Today, the Reserve Bank of Australia releases its June monthly ...

Local banks face global assault

... global banks such as HSBC and Citibank although Marks conceded that both banks may have trouble justifying increased IT investment given there are only 20 million people in Australia. That is, not as much volume of transactional activities as Europe ...

SEC considers limits to private hedge funds investing

ALEX DUNNIN  |  WEDNESDAY, 21 MAR 2007
The Investment Company Institute in US has come out strongly in support of the Security and Exchange Commission's (SEC) recommendations that individuals investing in hedge funds must have at least A$3.2 million in private investments. "This requirement ...

BGI welcomes fixed income chief

Barclays Global Investors (BGI) has appointed the former head of credit portfolio management at Westpac Bank, Sean Carmody, to the role of head of fixed income in Australia. Prior to joining BGI, Carmody was responsible for managing Westpac Institutional ...

Data quality a global problem

ALEX DUNNIN  |  MONDAY, 4 DEC 2006
According to a new survey by AIM Software, the global financial industry continues to struggle complying with Basel II, Markets in Financial Instruments Directives and the Sarbanes-Oxley Act, citing data quality as their biggest problem. The survey ...

Private equity capital raising breaks $4bn for 2005-06

ALEX DUNNIN  |  THURSDAY, 5 OCT 2006
Private equity funds invested $2.3 billion into target companies while raising $4.1 billion in new capital raisings in the 12 months to 30 June 2006. Thomson Financial, working with the Australian Venture Capital & Private Equity Association (AVCAL) ...

Hedge funds set to splurge on IT

HAMISH MADDEN  |  FRIDAY, 1 SEP 2006
... proven fertile ground for IT providers, but a new report suggests all that is about to change with the sector's IT investment set to grow to $3.3 billion by 2009. A new report from Datamonitor, Securities Processing in Hedge Funds, predicts that hedge ...

CIOs lacking in IQ: Deloitte

... business processes and IT systems. The upshot of the survey is that the respondents said they will increase their IT investment to reduce the time it takes for them to sift through the information being spat out by their computers. "World leading companies ...

Absolute Capital appoints portfolio manager

Structured credit specialist Absolute Capital Limited has appointed Andrew Lorking as portfolio manager. Lorking will work with Absolute's head of structured credit investments Bill Entwistle. Besides portfolio management, he will be involved in developing ...