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Showing 2321 - 2330 of 2983 results for "August 30"

Coding error review prompts sell rating

MEDIA RELEASE  |  FRIDAY, 9 JUL 2010
Standard & Poor's Fund Services has rated the AXA Wholesale Global Equity - Core fund as a "sell" after the final review from AXA Rosenberg about the mishandling of a coding error, which ultimately led to the group founder's resignation and demotion ...

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
Shareholders in listed investment company (LIC), India Equities Fund, have voted to return capital to investors - highlighting another example of the weaknesses of LIC vehicles. More than 95 per cent of the fund's investors voted for the board's proposed ...

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
The Bookmakers Superannuation Fund is removing switching restrictions to its conservative strategies, and dividing its balanced pension and accumulation options in a bid to reopen the fund which faced illiquidity problems during the GFC. The Bookmakers ...

ASIC reaches $2.5m Westpoint settlement

COMPANY RELEASE  |  MONDAY, 28 JUN 2010
ASIC has successfully obtained court approval for a $2.5 million settlement on behalf of clients who invested in Westpoint products, following the advice of Glenhurst Corporation. It is one of five obtained by ASIC as part of its compensation proceedings ...

Market Wrap - Morning

AAP  |  MONDAY, 28 JUN 2010
The Australian market has received flat to mixed leads from offshore trading, with Wall Street's key indices flat, while indices were down in Europe and Asia. Precious metals traded higher, as did oil and copper. At 0759 AEST on the Sydney Futures Exchange ...

Rainmaker and endgame launch new marketing excellence award

Rainmaker Information is collaborating with financial services marketing specialist endgame communications to recognise the efforts of financial services firms with the best integrated marketing campaign in an inaugural award unveiled this month. The ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 JUN 2010
The Australian stock market has had mixed leads from offshore markets overnight, with Wall Street, gold and silver trading lower, while copper and oil prices were higher. At 0730 AEST on the Sydney Futures Exchange, the September share price index contract ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
An academic paper that warns five US pension funds could run out of money in less than 10 years due to chronic underfunding and poor returns serves as a precautionary tale for local investors. In a paper published last August titled 'The Liabilities ...

Going nowhere fast

BENJAMIN ONG  |  THURSDAY, 17 JUN 2010
Flatline. That's what you'll see when you look at Wall Street's pulse monitor this morning. I would be too if faced with the same old, same old daily boring stuff that financial market agents look at everyday. While we were sleeping, a raft of economic ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 9 JUN 2010
The Australian stock market was flat to lower at noon following a negative start to the trading day with losses among mining stocks, but the banks were stronger. The benchmark S&P/ASX200 index was down 4.3 points, or 0.1 per cent, at 4,376.9 points ...