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Showing 5321 - 5330 of 6515 results for "Jul"

NAB buys Lodestar Capital stake

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
NAB's direct asset management business, nabinvest, has bought a 33 per cent stake in long-term absolute return boutique fund manager, Lodestar Capital Partners. Lodestar Capital Partners investment management team owns the remaining stake in the business ...

Three wise men - maybe

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2009
I am "buying stocks right as we speak" and am getting "a lot for my money," Warren Buffet told his audience at a California conference. The tone was similarly positive at the Brookings Institution in Washington, with US Federal Reserve Chairman Ben ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 SEP 2009
The Australian share market is expected to open higher after strong US retail sales figures boosted confidence in an economic recovery. At 0723 AEST on the Sydney Futures Exchange, the September share price index contract was up 21 points at 4568. In ...

Garvan and Apogee adopt fee for service

RUTH LIEW  |  TUESDAY, 15 SEP 2009
MLC-backed Apogee Financial Planning and Garvan/MLC Financial Planning are transitioning to a fee for advice model from 1 July next year. In a press statement released today, MLC confirmed that both Apogee and Garvan would adopt the new model for all ...

Mercer restructures outsourcing business, Walters exits

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
Mercer is revamping its outsourcing business resulting in several new roles being created and senior executives including financial advice leader Scott Walters leaving the firm. As part of the changes, Mercer has replaced the financial advice leader ...

FOS swamped with complaints

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The Financial Ombudsman Service (FOS) is changing how it deals with investments, life insurance and superannuation complaints to cope with rising complaint volumes, particularly in financial planning. The service noted it saw a 77 per cent increase ...

Market Wrap - Morning

AAP  |  MONDAY, 14 SEP 2009
The Australian share market is expected to open flat on Monday, led by losses on Wall Street and after a week of strong gains in most major markets. The Gold miners may gain after the price of the precious metal jumped while energy stocks may slump ...

Statewide appoints new chief

RUTH LIEW  |  FRIDAY, 11 SEP 2009
The $1.7 billion Statewide Superannuation Trust has appointed former Super SA general manager John O'Flaherty as its new chief executive. O'Flaherty will take up the role in October, 2009. He replaces Frances Magill, the long-standing chief executive ...

Hermaphrodite economy

BENJAMIN ONG  |  FRIDAY, 11 SEP 2009
The more things change, the more they stay the same. There is very little to comment on today. The global economy is proceeding on course as many -if not most - expect. The current investment environment contains both plusses and minuses. Much like ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 SEP 2009
The Australian share market is likely to open higher on Friday following strong gains on Wall Street and among commodity prices. At 0706 AEST on the Sydney Futures Exchange, the September share price index contract was 42 points higher at 4607. In economic ...