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Showing 2921 - 2930 of 3556 results for "October 27"

NAB buys Lodestar Capital stake

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
NAB's direct asset management business, nabinvest, has bought a 33 per cent stake in long-term absolute return boutique fund manager, Lodestar Capital Partners. Lodestar Capital Partners investment management team owns the remaining stake in the business ...

Garvan and Apogee adopt fee for service

RUTH LIEW  |  TUESDAY, 15 SEP 2009
MLC-backed Apogee Financial Planning and Garvan/MLC Financial Planning are transitioning to a fee for advice model from 1 July next year. In a press statement released today, MLC confirmed that both Apogee and Garvan would adopt the new model for all ...

ASIC reviews prospectus disclosure of CRAs

MICHELLE BALTAZAR  |  FRIDAY, 11 SEP 2009
ASIC has released a discussion paper that proposes strict conditions on how credit ratings should be reported in prospectuses in an attempt to enhance protection to retail investors. "ASIC is seeking public comment on whether to withdraw current class ...

Westpac moves to wholly own Ascalon

MICHAEL HOBBS  |  THURSDAY, 10 SEP 2009
Westpac Group has bought Kaplan Equity's 50 per cent stake in Ascalon Capital Managers to wholly own the boutique incubator. Westpac Group said it had reached an in-principle agreement with Kaplan Equity in a transaction that is expected to be completed ...

Depends on the data

BENJAMIN ONG  |  THURSDAY, 10 SEP 2009
You know Australia is back to normal when "they will, they won't" speculation on interest rates returns a major sport. This is usually accompanied by "they will earlier, they will later" betting with every economic data release providing evidence for ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 SEP 2009
The Australian share market is expected to have another day in positive territory after a rise on Wall street and stronger commodity and metals prices. At 0736 AEST on the Sydney Futures Exchange, the September share price index contract was 11 points ...

Gunning joins Ord Minnett as CEO

COMPANY RELEASE  |  TUESDAY, 8 SEP 2009
The former general manager of Commonwealth Financial Planning, Tim Gunning, has been appointed chief executive of Ord Minnett. Gunning will be responsible for Ord Minnett Private Wealth, Portfolio Services, Funds Management and Corporate Finance businesses. ...

Aussie dollar rises to restore equilibrium

BENJAMIN ONG  |  TUESDAY, 8 SEP 2009
Proceed at your own risk. Forecasting in quiet times is difficult. Forecasting during periods of uncertainty is even more difficult. Forecasting currency movements during periods of uncertainty is well...a mug's game. The recent surge in the Australian ...

Future Fund books 4.2pc loss

FUTURE FUND UPDATE  |  FRIDAY, 4 SEP 2009
The Future Fund rode the latest quarter market recovery when it gained 5.1 per cent in the three months to June, but posted a 4.2 per cent loss for the financial year (ex Telstra). The fund's Telstra shares of around two billion gained 4.9 per cent ...

How to survive the next market outlier

MICHELLE BALTAZAR  |  THURSDAY, 3 SEP 2009
After the GFC challenged the prevailing wisdom on how low markets can go, AXA's chief investment officer Mark Dutton tells investors how to protect their savings from another market armaggedon. When it comes to investing, Dutton said there are two golden ...