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Showing 4901 - 4910 of 6696 results for "Securities"

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Super fund industry bodies welcomed the Australian Securities and Investments Commission's (ASIC) consultation paper, declaring it will boost super fund member engagement and improve retirement savings. The consultation paper 101 Superannuation forecasts ...

BNP Paribas wins Ashton custody

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
BNP Paribas Securities Services was selected by Ashton Advisers (Australia) to provide custody and fund administration services to its funds, ahead of its plan to launch two funds to the Australian retail market. Nick Raphaely, Ashton Advisors executive ...

Market Wrap - Midday

AAP  |  TUESDAY, 29 JUL 2008
... share price index futures contract fell 109 points, or 2.21 per cent, to 4828 on a volume of 12,761 contracts. Austock Securities client adviser Michael Heffernan said a combination of local banking problems and a weakening US market led to today's results. ...

Count buys $6m stake in Mortgage Choice

RUTH LIEW  |  MONDAY, 28 JUL 2008
... 4.9 per cent interest in the mortgage broker under the advice of Lehman Brothers, noted a statement on the Australian Securities Exchange today. "Mortgage broking has been affected in the current market and so we thought it was a good opportunity to ...

New Aus Ethical CIO aids expansion strategy

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
... team of traders and analysts in developing new investment and risk products, in addition to managing a substantial securities portfolio. Paul Harding-Davis, Australian Ethical head of distribution, said Halloran's experience in risk management fixed ...

SEC blocks bank short selling

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
US based Securities and Exchange Commission (SEC) is taking extreme action against wild 'naked' short selling, issuing an emergency order that prevents the practice across a number of commercial and investment bank stocks. The order means anyone taking ...

Market Wrap - Midday

AAP  |  MONDAY, 28 JUL 2008
... or 6.33 per cent, to $26.80. NAB on Friday announced it would book an extra $830 million provision on a portfolio of securities linked to US mortgage debt. Mining giant BHP Billiton grew 70 cents, or 1.90 per cent, to $37.63 and takeover target Rio Tinto ...

NZ rules to target 'simple needs' investors

ALEX DUNNIN  |  FRIDAY, 25 JUL 2008
... advising on." The minister added, "I am personally in favour of distinguishing between those who provide advice on complex securities, investment and savings planning services or investment broking services and those who provide advice on credit, general ...

Market Wrap - Midday

AAP  |  FRIDAY, 25 JUL 2008
... after National Australia Bank (NAB) reported further losses related to its exposure to complex US mortgage-backed debt securities. The local bourse was also following Wall Street, which lost ground due to fears about the US economy following a weaker ...

AXA direct property assets tops $900m

MICHAEL HOBBS  |  FRIDAY, 25 JUL 2008
... is an open-ended unlisted property fund invests in the Australian and New Zealand direct property, listed property securities and cash. AXA outsources the management of the direct property component to DEXUS Property Group and the cash and listed property ...