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Showing 2281 - 2290 of 4543 results for "Michael"

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAY 2010
... futures contract was 79 points lower at 4,413 points, on volume of 27,143 contracts. Austock securities client adviser Michael Heffernan said the European debt crisis and the resources rent tax were affecting financial and resources sectors. It was "another ...

US wants pause button in volatile markets

MICHAEL HOBBS  |  WEDNESDAY, 19 MAY 2010
The US regulator has proposed a new rule that would pause trading in certain individual stocks if the price moves 10 per cent or more in five minutes. This proposal follows a meeting of exchanges, including the US Securities and Exchange Commission ...

Orion still well regarded despite downgrade: CEO

MICHAEL HOBBS  |  TUESDAY, 18 MAY 2010
Orion Asset Management expects continued support from financial planners despite a ratings firm downgrade of their Australian equities fund in a recent peer review. Tim Ryan, chief executive and chief investment officer at Orion, said the fund manager ...

Macquarie Life releases flexible insurance

MICHAEL HOBBS  |  TUESDAY, 18 MAY 2010
Macquarie Life has launched an insurance product that allows clients to make multiple claims under the same policy and provides greater flexibility on the definitions of conditions. The Macquarie Life Active enables clients to claim when circumstance ...

Shadforth ramps up client book-buying strategy

MICHAEL HOBBS  |  MONDAY, 17 MAY 2010
Shadforth Financial Group has created a team to focus solely on buying other financial planning practice books ahead of the expected regulatory changes that could result in a number of planners leaving the industry. Tony Fenning, head of Shadforth Financial ...

AXA protects retirement income

MICHAEL HOBBS  |  FRIDAY, 14 MAY 2010
AXA Australia has launched the phase of its North product that guarantees income in retirement. Adrian Emery, manager of sales and marketing at AXA Australia, said the financial planning industry has mainly focused on accumulating assets for baby boomers ...

BlackRock portfolio managers resign

S&P RELEASE  |  FRIDAY, 14 MAY 2010
... staff lock-ins had been negotiated," said Justine Gorman, analyst at S&P. "Today's announcement has changed our view." Michael McCorry, Australian head of BlackRock's investment strategies group, arranged for the transfer of two portfolio managers from ...

AMP Asian strategy gains momentum

MICHAEL HOBBS  |  FRIDAY, 14 MAY 2010
AMP Capital's push into Asia is paying off, attracting more than $700 million from Japanese retail investors last year and becoming one of the top 10 biggest fund managers in the country. Speaking at the AMP annual general meeting, Craig Dunn, chief ...

Super funds could fill resource capital shortfall: report

MICHAEL HOBBS  |  THURSDAY, 13 MAY 2010
Super funds should step up to the plate and help with the Australian resources $50-billion funding gap, according to several funds management companies. LimeStreet Capital's research report questions why super funds, including self managed super funds ...

Purvis attracts SMA mandate with new venture

MICHAEL HOBBS  |  THURSDAY, 13 MAY 2010
James Purvis, founder of one of the biggest financial planning research groups in Australia, has opened an implemented portfolio business that's attracting mandates from the managed account market. He founded Purvis, van Eyk and Company in 1989, now ...