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Senior departures at Acadian

ALISON BEVEGE  |  THURSDAY, 17 MAR 2011
... said. "So they are losing two people out of a 36 to 38-member senior team where all are senior members. It's not like the top two have left and there's nobody there." "Plenty of in-house talent remains... the impact of one or two people leaving is relatively ...

Japan shall overcome

BENJAMIN ONG  |  THURSDAY, 17 MAR 2011
... "A FULL-BLOWN nuclear disaster in Japan, though unlikely, could lead to a new global economic crisis, according to Europe's top trade official... A big uncontrolled release of radioactivity ''has a major impact on the economy but it also has a major ...

ASX builds rival platform take on Chi-X

ELISE BURGESS  |  WEDNESDAY, 16 MAR 2011
... ASX's own cash equity market. Within this offering is PureMatch, an adjacent ultra-low latency execution facility for the top 200 ASX listed securities, aimed at servicing higher frequency trading activity. PureMatch, to be launched in third quarter ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 MAR 2011
... cent, to $3.73 and Extract Resources added 46 cents, or 5.62 per cent, to $8.45. Billabong was the worst performer among the top 200 stocks after forecasting a fall in net profit of up to six per cent as the earthquake and tsunami in Japan hits the surfwear ...

Fund, Insurers unafraid of Japan quake cost

ALISON BEVEGE  |  WEDNESDAY, 16 MAR 2011
... alone such as Flagstone, PartnerRe and Everest Reinsurance had excess capital of $24 billion in 2009, the report said. The top 25 insurers and reinsurers were worth $282 billion in shareholder funds in 2009, with the biggest reinsurer Berkshire Hathaway ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 MAR 2011
... suffered by the Nikkei led the Japanese central bank to announce eight trillion yen ($97.8 billion) in short term funding - on top of a record 15 trillion yen on Monday - as it tried to instill confidence in the markets. However, the ongoing crisis at ...

Mind the leadership gap: survey

ALISON BEVEGE  |  TUESDAY, 15 MAR 2011
... Beveridge, Senior Consultant - Human Capital at Aon Hewitt, a global human resources consulting firm, said life was tough at the top. "There's more demands on people leaders now, and that's particularly true in the finance sector," he said. He said the ...

PAS mandate review completed

ELISE BURGESS  |  TUESDAY, 15 MAR 2011
... "Consolidation is clearly an option, and one that could bring greater scale and efficiency. This would place the fund well into the Top 50 in terms of FUM in Australia," said Megan Bolton, the fund's chief executive. She said the fund has a growth target ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 MAR 2011
... such as the Kospi, Hang Seng and Shanghai Composite weakened in the wake of Japan's continuing tragedy. At lunchtime, the NZX top 50 index dropped sharply, falling 16 points in just over half an hour, apparently as investors recognised potential concerns ...

Global shares, cat bonds review after Japan quake

ALISON BEVEGE  |  MONDAY, 14 MAR 2011
A large hole has been punched in the Japanese economy by Friday's earthquake, with super funds tightlipped on the possible impact of exposure and advisors looking to their portfolios. Professor Andrew O'Neil, director of the Griffith Asia Institute ...