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Showing 311 - 320 of 357 results for "ASC"

Market Wrap - Morning

AAP  |  TUESDAY, 11 DEC 2007
The Australian stock market is expected to open higher after US stocks advanced on Monday as investors snapped up beaten-down financial shares on news of the latest injection of funds into a major global bank. Expectations of a Federal Reserve interest-rate ...

Quant experts enter new continuum

CHRIS NICHOLLS  |  WEDNESDAY, 31 OCT 2007
Former GMO quantitative managers Max Cappetta and Anthony Corr have resurfaced and teamed up with former MIR quant director Brett McElwee to form their own boutique - Continuum Capital Management. The new boutique will come under the wing of boutique ...

Market wrap - midday

AAP  |  FRIDAY, 28 SEP 2007
The Australian share market remained in record territory at noon, propelled upwards by the big miners and major banks, after stronger markets in the United States. At 1200 AEST, the benchmark S&P/ASX200 index had risen 36.9 points to 6575.0 and had ...

Market Wrap - Midday

AAP  |  THURSDAY, 27 SEP 2007
The Australian sharemarket remained on positive ground at noon after US indices finished higher and local banking stocks and big miners lifted. By 1210 AEST, the benchmark S&P/ASX200 index had risen 58 points to 6539.4 and the All Ordinaries firmed ...

DIY funds get legal warrant access

CHRIS NICHOLLS  |  THURSDAY, 20 SEP 2007
The Senate has ended years of fluctuating policy and regulatory decisions by passing legislation to allow the use of instalment warrants for self managed super funds (SMSFs). While the legislation still requires Royal Ascent, this is generally seen ...

Explorer turns new leaf with Ascalon

CHRIS NICHOLLS  |  WEDNESDAY, 12 SEP 2007
Boutique manager Ascalon Capital Managers has purchased 40 per cent of Separately Managed Accounts (SMA) provider Explorer Group from First Capital, ending confusion over the firm's stability. The company had been under a cloud following the purchase ...

ATO releases draft rulings on SMSFs

The Tax Office has released the first in a series of draft rulings on self managed super funds (SMSFs) and has called on the public for comment. Tax Commissioner Michael D'Ascenzo said these products will provide better guidance to superannuation professionals ...

Finsia appoints interim CEO

Finsia has appointed Stephen Harrison as interim chief executive officer following Brian Salter stepping down from the role. Harrison has played a number of support roles in the industry over the last 18 months on top of his non-executive interests ...

Insurer claims from storms reach $200m

Insurers have received around 18,000 claims due to the damages from the four-day torrential rain and flooding that hit coastal NSW and the surrounding districts. Kerrie Kelly, chief executive at the Insurance Council of Australia (ICA) said that the ...

Tax cheats handed decade in jail

Three South Australians were sentenced to a total of 12 years imprisonment for committing a tax fraud amounting to $6.8 million. 62-year old Maxwell John Reid, 48-year old Edna Reid and 75-year old Graham Ernest Dasborough were found guilty of a total ...