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

Search Results

Showing 4251 - 4260 of 5917 results for "March 2003"

Opes Prime director faces 22 charges

ASIC RELEASE  |  MONDAY, 31 MAY 2010
Opes Prime director Laurie Emini has been charged with 22 offences of breaching his duties, following investigations by ASIC into the company's collapse. Laurie (Lirim) Emini was charged with offences of breaching his duties as a director of Opes Prime ...

Fixed income gains pace among SMSFs

RUTH LIEW  |  MONDAY, 31 MAY 2010
Planners are noticing an upward shift in SMSF investor sentiment towards fixed income investments, as attractive yields and increasing interest rates draw investor interest, new research shows. According to the latest Multiport SMSF Investment Trends ...

Changing of the guard at Temasek

RUTH LIEW  |  MONDAY, 31 MAY 2010
Australian fund managers looking to do business with Asian sovereign fund Temasek will need to woo new leaders at the firm namely the new president and the new head of portfolio management announced last week. Dilhan Pillay Sandrasegara has been appointed ...

Market Wrap - Morning

AAP  |  MONDAY, 31 MAY 2010
Australian shares are set to open lower after Wall Street fell on Friday as a downgrade of Spain's credit rating added to worries about the eurozone's financial woes. At 0733 AEST on the Sydney Futures Exchange, the June share price index contract was ...

TOWER inforce premiums rise 33pc

MICHAEL HOBBS  |  THURSDAY, 27 MAY 2010
TOWER Australia's inforce premium has grown 33 per cent to $946 million, with AustralianSuper's inforce premium representing $110 million at the end of March. Jim Minto, managing director at TOWER Australia, at the firm's first-half profit update, said ...

Market Wrap - Morning

AAP  |  THURSDAY, 27 MAY 2010
The Australian stock market has received mixed leads from offshore markets, with Wall Street closing weaker but contract prices for oil, gold, silver and copper ending firmer. At 0728 AEST on the Sydney Futures Exchange, the June share price index contract ...

MLC cuts Wellington and appoints Carnegie

RUTH LIEW  |  WEDNESDAY, 26 MAY 2010
MLC has axed Wellington Management Company from its global equities fund manager line-up, and appointed Carnegie Asset Management as its new investment manager. Wellington's mandate was terminated because the firm tended to show "higher turnover than ...

New performance reporting standards for retail funds

ALEX DUNNIN  |  WEDNESDAY, 26 MAY 2010
The Investment and Financial Services Association is implementing a new investment reporting format that will require retail super funds to revert back to performance figures gross of any ongoing and advice fees. The objective is to facilitate comparability ...

J.P. Morgan strengthens local derivatives hub

MICHAEL HOBBS  |  WEDNESDAY, 26 MAY 2010
J.P. Morgan Treasury & Securities Services (TSS) is set to grow its local arm by at least 100 new staff this year and improve its derivatives-related services in Australia. David Braga, head of product at J.P. Morgan Treasury and Security Services Australia ...

US consumers to the rescue

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2010
Is it a bird? Is it a plane? No! It's Super US consumer to the rescue! Technical rebound. Oversold levels. Buying on dips. Call it whatever you want, the fact is that Wall Street rose from the ashes of a deep 3 per cent-plus slump last night to close ...