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Showing 4811 - 4820 of 6254 results for "December 2010"

BNY Mellon launches Ankura Capital

MICHELLE BALTAZAR  |  MONDAY, 16 FEB 2009
It may be one small step for BNY Mellon but a giant leap for Ankura Capital, an Australian equities fund that will ride on the bank's 34-country strong distribution network to attract overseas money. BNY Mellon Asset Management plans to use its global ...

DC plans to axe managers

RUTH LIEW  |  MONDAY, 16 FEB 2009
Two in five defined contribution plan sponsors in the US are expected to replace their underperforming fund managers in 2009, new research shows. According to Lori Lucas, defined contribution leader at US-based Callan Associates, the credit crisis has ...

DKN Financial FUA falls 26pc

COMPANY RELEASE  |  MONDAY, 16 FEB 2009
DKN Financial Group's funds under advice (FUA) fell 26 per cent during 2008 but the group's chief executive remains adamant the business is in "good shape". DKN's preliminary results for the six months to the end of December last year found FUA dropped ...

Market Wrap - Morning

AAP  |  MONDAY, 16 FEB 2009
The Australian share market is expected to open lower after US markets fell on scepticism about the effectiveness of a US stimulus plan and more gloomy economic news. At 0739 AEDT on the Sydney Futures Exchange, the March SPI futures index was 22 points ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
Like its rich world counterparts, the Eurozone economy is contracting and the outlook for this year is non-the-brighter. But while the central banks of the US, Japan and the UK raced to the zero interest rate line, the European Central Bank (ECB) appears ...

Planners to face cashflow crunch

MICHELLE BALTAZAR  |  FRIDAY, 13 FEB 2009
Small-to-medium size financial planning firms risk bankruptcy if they don't quickly adjust their cashflow needs to suit today's realities, and the earlier they talk to their banker about needing extra help, the better, said one banking specialist. Malcolm ...

No bad news is no news

BENJAMIN ONG  |  FRIDAY, 13 FEB 2009
What's this? No headlines on yesterday's all-important Australian Labour Force report? Australian newspapers have relegated yesterday's Australian Bureau of Statistics' (ABS) employment report to their inside pages. Since November last year, the media ...

Meat fund invests in high growth

RUTH LIEW  |  THURSDAY, 12 FEB 2009
The $529 million Meat Industry Employees Superannuation Fund is defying the super industry's flight to cash when it recently introduced a new "high growth" investment option to members. Up until the start of this year, MIESF did not offer investment ...

Plusses and minuses

BENJAMIN ONG  |  THURSDAY, 12 FEB 2009
Australia is back in a situation where it is either looking at a half full or a half empty glass. Latest statistics released over the past few days have something for everybody. Glass half-full. Last week, the Australian Bureau of Statistics (ABS) reported ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 FEB 2009
The Australian share market is expected to open slightly higher as European and US stocks rebounding from yesterday's big sell-offs to register modest gains. At 0825 AEDT on the Sydney Futures Exchange, the March SPI futures index was up 13 points at ...