Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3851 - 3860 of 4761 results for "July 2011"

The retaking of Dow 11000

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2010
Here we go, here we go, here we go-o! The Dow has retaken the 11K ground anew! Dow 36,000 here we come! Yes Virginia, by virtue of a miniscule 0.1 per cent gain overnight, the Dow has once again crossed beyond that ever-elusive 11,000 milestone to close ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 APR 2010
The Australian share market is expected to open higher on Wednesday on positive leads from Wall Street, although oil and precious metals fell again in overnight trade. On the Sydney Futures Exchange at 0737 AEST, the June share price index contract ...

HFA to re-open flagship fund

HFA RELEASE  |  TUESDAY, 13 APR 2010
HFA Asset Management is set to re-open its flagship $565 million Diversified Investments Fund to new investment as early as July this year - more than a year since it was forced to suspend redemptions due to the liquidity crisis. The decision to re-open ...

Can fee-for-service insurance advice work?

MICHELLE BALTAZAR  |  MONDAY, 12 APR 2010
It is still too early to conclude that commissions-based insurance advice is affordable for the general public but two planning groups show that it can work for certain segments of the market. This month, MLC-owned planning group Godfrey Pembroke announced ...

Westscheme drops GMO and BlackRock

MICHAEL HOBBS  |  FRIDAY, 9 APR 2010
Westscheme has dropped its emerging market equities mandates with GMO and BlackRock, appointing Schroders in their place. The WA-based super fund negotiated with Schroders a fee structure comprised of a moderate base fee and a significant performance ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages. The decision goes against common practice in the planning industry of maintaining ...

Orion tightens compliance after rogue trader caught

RUTH LIEW  |  WEDNESDAY, 7 APR 2010
Orion Asset Management has strengthened its vigilance on compliance standards since one of its equities dealers, 24-year-old John Hartman, was caught and pleaded guilty to 25 charges of insider trading. Hartman was employed by Orion from March 2006 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 APR 2010
The Australian share market has received generally positive leads from overnight trading overseas, with Wall Street closing flat to higher, gold and oil prices rising, while silver and base metal copper eased. On the Sydney Futures Exchange at 0739 ...

AIA appoints non-exec chair

PRESS RELEASE  |  WEDNESDAY, 31 MAR 2010
AIA Australia appointed former managing director of Telecom New Zealand, Theresa Gattung, as non-executive chair of its board. Gattung joined the board as a director in July last year. She worked as chief executive and managing director at Telecom New ...

NSW man sentenced for early super release

ASIC RELEASE  |  TUESDAY, 30 MAR 2010
Another one bites the dust - SMSF trustee Atan Ona Kassongo joins the growing list of offenders caught unlawfully allowing early access to his super fund. Kassongo, of Castle Hill, New South Wales, has been sentenced to two years imprisonment, to be ...