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Showing 2451 - 2460 of 2961 results for "August 2010"

Morningstar withdraws LM rating

COMPANY RELEASE  |  WEDNESDAY, 15 APR 2009
Morningstar has dropped the firm's rating for the LM Mortgage Income fund after the investment manager announced the firm is undertaking a repayment program for its line of credit. In a statement, the ratings firm said it never "favoured" the LM Mortgage ...

Gilbert to retire

MICHAEL HOBBS  |  THURSDAY, 9 APR 2009
Investment and Financial Services Association (IFSA) chief executive, Richard Gilbert, is retiring at the end of September. According to a statement by IFSA, Gilbert will take on a part-time role as associate director of IFSA from then on. It is understood ...

HOSTPLUS sponsors Gold Coast AFL

MICHAEL HOBBS  |  WEDNESDAY, 8 APR 2009
HOSTPLUS has stepped up its campaign targeting Queenslanders, signing a five -year foundation sponsorship deal with the new AFL Gold Coast Football Club. This is the second elite level football team sponsored by HOSTPLUS which is a major backer of the ...

CORRECTION: FT loses international prop manager

MICHAEL HOBBS  |  FRIDAY, 3 APR 2009
Franklin Templeton Investments' international property co-portfolio manager, Boris Pialloux, has left the firm prompting S&P Fund Services to place its three-star ratings Franklin International Property Fund and Property Income Fund on hold. Global ...

VFMC chief Syd Bone leaves

RUTH LIEW  |  WEDNESDAY, 1 APR 2009
Sydney Bone, chief executive officer of the $32 billion Victorian Funds Management Corporation, has resigned - marking the continued reshuffle of senior management within the investment firm. Bone, who was appointed chief executive of VFMC in 2004 after ...

OTC derivative platforms need upgrade: report

COMPANY RELEASE  |  MONDAY, 9 MAR 2009
Institutions trading over the counter (OTC) derivatives must invest a significant amount in technology, infrastructure and human resources to support rising trading volumes, according to a new report. Neil Wright, State Street senior vice president ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 MAR 2009
The Australian share market is expected to open stronger with US and European markets rallying overnight and commodity and oil prices higher. At 0820 AEDT on the Sydney Futures Exchange, the March SPI futures index was up 72 points at 3,234. In economic ...

Local funds hold firm on US equities

MICHAEL HOBBS AND RUTH LIEW  |  WEDNESDAY, 4 MAR 2009
Super funds are holding firm on their exposure to US equities despite the Dow Jones Index slipping below 7,000, its lowest level in more than a decade. Melbourne based investment consultancy, JANA Investment Advisers head of investment outcomes, Ken ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 4 MAR 2009
The Australian stock market was firmly in the red at noon, weighed down by disappointing gross domestic product (GDP) figures, and losses among the banking and mining sectors. At 1201 AEDT, the benchmark S&P/ASX200 index was down 59.6 points, or 1.85 ...

Adviser charged for contempt of court

MEDIA RELEASE  |  FRIDAY, 27 FEB 2009
Stephen Lewis Matthews of West Pymble has been found guilty in the Supreme Court of New South Wales of contempt of court for breach of orders made by the Court in proceedings previously brought by ASIC. On 4 October 2000, Justice Santow of the Supreme ...