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Showing 4261 - 4270 of 5923 results for "March 27"

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 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 MAY 2010
The Australian stock market is expected to open firmer on Wednesday, after Wall Street stemmed heavy losses to close flat on the day. At 0731 AEST on the Sydney Futures Exchange, the June share price index contract was up 65 points at 4,339 points ...

Wilson HTM targets SMSF sector

MICHAEL HOBBS  |  TUESDAY, 25 MAY 2010
Wilson HTM Investment Group's financial advisory arm is targeting the self managed super fund (SMSF) sector to attract more business and assessing opportunities to develop their own financial products. Chris Saunders, who joined Wilson HTM more than ...

India Equities Fund proposes return of capital

MICHAEL HOBBS  |  TUESDAY, 25 MAY 2010
John Pereira, chief executive of the India Equities Fund, has not ruled out launching another Indian equities strategy but said he is more concerned with meeting existing shareholders and returning capital to investors. According to an ASX statement ...

Freaked out

BENJAMIN ONG  |  FRIDAY, 21 MAY 2010
"Aaahh Freak out! Le Freak, c'est Chic." (Le Freak, Chic) Had it not been for the already jittery mood in the financial markets, Wall Street would have ignored last night's not so good economic news. The S&P 500 index recorded its biggest drop in more ...