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Showing 5041 - 5050 of 6884 results for "Act2"

AMP Capital recruits State Street portfolio manager

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
A senior portfolio manager at State Street Global Advisors will join AMP Capital early next year to take up a senior portfolio management role in the multi-strategy equities team. Rob Pinnuk's key responsibilities will include stock selection, research ...

APRA urges trustees to adhere to industry standards

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
The Australian Prudential Regulatory Authority is calling on superannuation fund trustees to ensure the outsourced marketers and product designers of their funds are adhering to industry standards and that the trustees at all times are ultimately responsible. ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 NOV 2011
SYDNEY- Australian stocks were in negative territory at noon, with the nation's big retail banks and major miners leading the broader market lower. At 1209 AEDT, the benchmark S&P/ASX200 index was down 16.5 points, or 0.38 per cent, at 4,288.1 points ...

Perspective not perplexing

BENJAMIN ONG  |  TUESDAY, 15 NOV 2011
No, no, no not again! Why can't stock markets move only in the up direction? You guessed it, 'twas another down day on Wall Street and in Europe. And yes, you're right it's because of European jitters because Italy's cost of funding remains on the up ...

CFSGAM launches two new funds

ELISE BURGESS  |  FRIDAY, 11 NOV 2011
CFSGAM has launched two new, tax aware equity income funds, building on its existing Wholesale Equity Income Fund and tax aware investment capabilities, to attract a broader scope of investors. The Colonial First State Global Asset Management (CFSGAM) ...

Market Wrap - Midday

AAP  |  THURSDAY, 10 NOV 2011
The Australian stock market had suffered its sharpest drop in almost two months by noon as investors took fright over the ongoing troubles in the Eurozone. Australia's major market indices were down nearly three per cent after talks collapsed in Greece ...

Adviser charged with fraud

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... Hobson was charged with four counts of fraudulent misappropriation of a valuable security under Section 178A of The Crimes Act (NSW) and one count of attempting to fraudulently misappropriate a valuable security under Section 178A and section 344A of ...

Age Pension must be factored into retirement income

RACHEL DAVIS  |  TUESDAY, 8 NOV 2011
Australians should factor in the Age Pension when looking at their projected retirement income, according to global professional services firm, Towers Watson. "Superannuation Guarantee increases notwithstanding, the Age Pension will continue to provide ...

DKN and Lonsdale heads leave and form BT advice unit

ELISE BURGESS  |  MONDAY, 7 NOV 2011
Just three weeks after leaving DKN, former chief executive Phil Butterworth, will head up a new BT advice unit along with three executives from the newly-acquired firm, including Butterworth's replacement, Mario Modica. In an email to fund managers ...

APRA: Investment world still clouded with uncertainty

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
Most superannuation funds earned positive returns at the end of this financial year for the second year in a row, thanks to a recovery in equity markets and higher fixed interest earnings over much of 2010/11. But, warns APRA, there are dangers ahead. ...