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Showing 161 - 170 of 249 results for "A shares"

CBA wealth arm boosts profits

MATT WOODINGTON | WEDNESDAY, 9 FEB 2011

Commonwealth Bank reported solid results for 2010, buoyed by the strong performance of its funds management business. CBA Wealth Management delivered underlying profit after tax of $329m for 2010, a 12 per cent rise on the previous 12 months. Its net ...

Market Wrap

AAP | MONDAY, 7 FEB 2011

The Australian stock market has opened stronger on positive leads from major world markets, and Wall Street, in particular. At 1050 AEDT, the benchmark S&P/ASX200 index was up three points, or 0.06 per cent, at 4,865.7, while the broader All Ordinaries ...

ASIC bans adviser for misleading conduct

ELISE BURGESS | WEDNESDAY, 8 DEC 2010

ASIC has banned financial adviser Jenny Tu Quyhn Tran of Naremburn for five years for misleading conduct and deceptive client relations. ASIC has called the actions of Tran "deliberate and likely to mislead", and that she showed a lack of compliance ...

Future Fund offloads Telstra shares

MEDIA RELEASE | WEDNESDAY, 20 OCT 2010

The $67 billion-plus Future Fund has sold 113.6 million Telstra shares - bringing its holding in the telecom giant down from 10.9 to 10 per cent. At a senate estimates hearing yesterday, the Future Fund Board of Guardians said it had sold the shares ...

Bad, bad day

BENJAMIN ONG | WEDNESDAY, 20 OCT 2010

For a while there I thought that October would just sail past smoothly - just like this year's September proved that it is not always the worst month for equities. Disappointment was all over Wall Street overnight - big time with its tree major stock ...

Scammer targets AMP and AXA investors

RUTH LIEW | THURSDAY, 30 SEP 2010

ASIC has issued warnings to AMP and AXA investors to watch out for unsolicited shares offers from Hassle Free Share Sales. ASIC has put a stop order against Hassle Free Shares Sales, preventing the firm from making offers to buy AMP and AXA Asia Pacific ...

Market Wrap - Midday

AAP | THURSDAY, 9 SEP 2010

The Australian stock market was higher at noon, led by strength across banking and finance stocks. At 1202 AEST, the benchmark S&P/ASX200 index was up 40.8 points, or 0.9 per cent, at 4,578 points, while the broader All Ordinaries index had risen 39.6 ...

Aussie planners should turn to Asia: Hockey

RUTH LIEW | FRIDAY, 13 AUG 2010

The shadow treasurer, Joe Hockey, urges financial planners in Australia to expand their client base to Asia as the region's wealth continues to escalate. "I think Australian financial advisers are among the very best of the world," he said at an Association ...

BNY Mellon JVs for China funds strategy

PRESS RELEASE | THURSDAY, 8 JUL 2010

... investment quota. This quota will allow it to invest in Renminbi-denominated treasuries and Shanghai and Shenzhen-listed A shares on behalf of overseas investors.

Fundies caught in $5m heist

SFC RELEASE | TUESDAY, 4 MAY 2010

Hong Kong's regulator moves to ban New York-based Tiger Asia Management from dealing shares in the country ever again after it caught the fund's directors guilty of insider trading - twice. Last August, the Securities and Futures Commission (SFC) applied ...

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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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