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Showing 2761 - 2770 of 2958 results for "August 2009"

New head of investment consulting for Russell

In response to the departure of its co-head of investment consulting Paul Laband to Unisuper, Russell Investment Group has announced that director of investment consulting David Hartley will now become the sole head of Russell's investment consulting ...

APRA releases tough standards for insurance industry

The Australian Prudential Regulation Authority (APRA) has issued draft prudential standards on a proposed strengthening of the prudential supervision of general insurance for risk and financial management. The draft standards include a discussion paper ...

MFS launches new fund in property trusts and firms ties with Babcock & Brown

MFS Investment Management (MFSIM) has launched Optimiser One, a unit trust investing in both listed and unlisted property trusts. The fund will be fixed for a five-year term and offers a guaranteed first year return of 9.6 per cent for the first year. ...

Macquarie Fortress Notes gets Zenith 'recommended' rating

Zenith Investment Partners has awarded Macquarie Fortress Notes a 'recommended' rating believing the product offers investors an opportunity to receive a consistent return above cash while preserving their capital. The notes use local client's funds ...

HIH fall out continues

The Australian Prudential Regulation Authority (APRA) has barred another former HIH executive with Ross Eade being disqualified under the Insurance Act 1973 from holding a position or acting as a director or senior manager of a general insurer. Eade ...

NAB Currency Options Trader pleads guilty

National Australia Bank's currency crisis continues with former NAB head of foreign currency options desk, Luke Duffy pleading guilty to three counts of dishonestly using his position as an employee to gain advantage for himself and others. Duffy was ...

Morningstar corrects HSBCAM numbers

Morningstar has issued another update on HSBC Asset Management after publishing performance figures last week that omitted to account for a distribution. The researcher's general outlook on the manager has remained unchanged - with the manager's strategy ...

Challenger checks out HSBC Asset Management

Challenger Financial Services this morning confirmed it is in discussions with HSBC regarding the acquisition of HSBC Asset Management. In a statement to the Australian Stock Exchange (ASX) Challenger said it would advise the market further when details ...

Former Sanford head banned by ASIC

The former founder and managing director Dr Bean San Goh of Sanford Securities has been banned from providing financial services in relation to securities for five years by the Australian Securities and Investments Commission (ASIC). Dr Goh was banned ...

Sunsuper appoints Mercer to manager platform following investment team makeover

The $5.6 billion superannuation fund, Sunsuper, has appointed Mercer Investment Consulting as advisor to its manager platform. The announcement follows recent changes made to Sunsuper's investment team including an expanded internal team and an emphasis ...