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| | | The Australian sharemarket has held on to Tuesday's gains after Wall Street closed higher overnight. At 1010 AEST on Wednesday, the benchmark S&P/ASX200 index was up 7.4 points, or 0.18 per cent, at 4,133.4, while the broader All Ordinaries index was ... |
| | | | Former Super Concepts managing director Craig Jameson has signed with AMP's newly formed business unit, AMP SMSF. Jameson will take the title of director business operations and be responsible for setting up AMP SMSF's business operations, including ... |
| | | | Nelson Lam has been appointed chief operating officer of H3 Global Advisers. Lam is currently employed at Ascalon Capital Managers, where he has been head of investments for the last seven years. The move will be Ascalon Capital's second departure in ... |
| | | | AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury. The new unit aims to capture a greater position for AMP in the $440bn self-managed super ... |
| | | | The Australian market looks set to open lower after falls of two per cent on Wall Street overnight as disappointing economic data from China and Europe followed the Federal Reserve's slashing its growth forecast for the United States. At 0815 AEST on ... |
| | | | The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors. Michael D'Ascenzo, tax commissioner at the ATO has said the products involved claimed ... |
| | | | BlackRock has named Andrew Landman as head of alternatives in Australia. In this role, Landman will further strengthen BlackRock's alternative investment capability in Australia to meet clients' investment needs. Landman has more than 18 years of industry ... |
| | | | May's over. It's done, dusted, it's obituary is written and save for the diehard bulls - and perhaps, Warren (of the "be greedy when others are fearful" fame), best forgotten. Just our luck 'ey Virginia, the euro tragedy did a replay last month, giving ... |
| | | | Treasury Group has acquired a minority equity interest in the absolute return manager, Evergreen Capital Partners. Treasury Group (TRG) has acquired a 30% stake in Evergreen in return for an upfront payment of $1.4 million plus a further deferred amount ... |
| | | | Ascalon aligned PacWealth Capital has been awarded a $1.1bn mandate to manage assets for the Papua New Guinea National Superannuation Fund. The National Superannuation Fund (NASFUND) was the first approved superannuation fund to be licensed by the central ... |
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