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Showing 5321 - 5330 of 7101 results for "June 2011"

Not proud of Storm involvement: Norris

RUTH LIEW  |  THURSDAY, 1 OCT 2009
CBA chief executive Ralph Norris has acknowledged that the bank's involvement with Storm Financial was not something he was proud of - but hopes the processes put in place to help affected customers would ease some of their burden. Norris told an audience ...

Fortitude to launch Aus equity income fund

MICHELLE BALTAZAR  |  WEDNESDAY, 30 SEP 2009
... black for the past 20 months. In the year to date, the fund returned 4.83 per cent, posting its biggest monthly return in June (1.55 per cent) and remained in the black (0.01 per cent) in February, just before the month when the markets bottomed. Last ...

Aus custody back on uptrend, NCS still tops

ACSA RELEASE  |  MONDAY, 28 SEP 2009
The Australian custody industry has posted a 3 per cent growth in total assets under custody to $1.68 trillion in the six months to June, with National Custodian Services (NCS) still the biggest player in the sector. The Australian Custodial Services ...

Russell launches global infra fund

COMPANY RELEASE  |  MONDAY, 28 SEP 2009
Russell Investments has launched an Australian dollar-hedged global listed infrastructure fund, ahead of the predicted US$40 trillion of government and private money to go into infrastructure investments around the world in the next 20 years. The new ...

Platforms bounce back 7.9 pc

Platform funds under advice jumped 7.9 per cent during the June quarter, recording their first lift in 18 months. The combined platform market at $331 billion is, however, still down 19 per cent from its $410 billion September 2007 peak, noted Rainmaker ...

MLC wins Sisters of Mercy mandate

COMPANY RELEASE  |  TUESDAY, 22 SEP 2009
The Sisters of Mercy Staff Superannuation Scheme has appointed MLC Group Insurance as its new insurer. The scheme, which had $372 million at the end of June last year, will see MLC provide upgrades to benefits and cover for members. "When we put our ...

Regulators tighten grip on hedge funds

RUTH LIEW  |  MONDAY, 21 SEP 2009
The US' Securities and Exchange Commission and UK's Financial Services Authority have announced plans to explore common reporting and regulations of hedge funds - developments that could set the template for Australian hedge fund regulation. The two ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
Run three days straight or for nine days with only a day's pause and you too would need a bit of a rest. This is precisely what Wall Street did overnight -- it stopped for a break. In financial market jargon this is termed as "consolidation." The Dow ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 SEP 2009
The Australian sharemarket at noon has slipped back from early highs, weakened by the slump in Telstra shares and worse than expected housing data. At 1200 AEST, the benchmark S&P/ASX200 index was up 19.1 points, or 0.42 per cent, at 4550.2 while the ...

CMC appoints head of wholesale

COMPANY RELEASE  |  TUESDAY, 15 SEP 2009
CMC Markets has appointed former MF Global executive Jamie Clinnick to the new role of head of wholesale. Clinnick will be responsible for targeting mid to large size financial institutions that are looking to add online broking and Contracts for Difference ...