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Showing 5571 - 5580 of 9320 results for "Red"

Westpac fined over misleading statements on annuity product

LAURA MILLAN  |  WEDNESDAY, 17 SEP 2014
Westpac has had to pay a $20,400 penalty for potentially misleading statements on its Westpac Annuity Deposit. The bank has paid the penalty after the Australian Securities and Investments Commission issued two infringement notices regarding the product ...

Market Wrap AM

AAP  |  WEDNESDAY, 17 SEP 2014
The Australian sharemarket is tipped to open higher following a mixed session on Wall Street and large losses locally on Monday. The September share price index futures contract is up three points at 5,476. US stocks have finished mixed as the tech-rich ...

QBE to invest $100 million in social benefit bonds

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
Global insurer QBE Insurance has announced it intends to allocate $100 million to social impact investments over the next three years. QBE chief investment officer Gary Brader said: "We're very interested in social benefit bonds, because in addition ...

Calendrically weak

BENJAMIN ONG  |  MONDAY, 15 SEP 2014
"Problems, problems, problems all day long Will my problems work out right or wrong?... Worries, worries pile up on my head Woe is me, I should have stayed in bed..." -- Everly Brothers A confluence of worries - old and new -- concerned Wall Street ...

Market wrap

AAP  |  FRIDAY, 12 SEP 2014
... and weak global inflation dampened market sentiment. CommSec market analyst Steven Daghlian said the local market was in the red for the fourth session this week and has lost around 1.2 per cent since Monday. "If nothing changes this afternoon it's going ...

Naos to launch long/short equity LIC

MARK SMITH  |  FRIDAY, 12 SEP 2014
Naos Asset Management has lodged its prospectus to the ASX to IPO its second listed investment company (LIC), the Naos Absolute Opportunities Company. Naos hopes to raise $50 million by the end of October from private investors, institutional funds ...

BGL partners with Auditflow

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Self-managed superannuation fund (SMSF) administration software provider BGL has integrated its Simple Fund 360 with Auditflow's auditing software. The integration of the two platforms will allow users to load data from the cloud-based Simple Fund 360 ...

Towers Watson shakes up manager research teams

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Towers Watson has appointed Luba Nikulina as its new global head of manager research following the appointment of Craig Baker as global chief investment officer. Nikulina has been with Towers Watson for nine years, most recently holding the London-based ...

Executives lose sleep over changing regulation

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
Two thirds of investment executives are losing sleep over changing government regulation, according to BNP Paribas Securities Services' 'Asset Administration & Custody Review'. In a survey of 110 senior executives working in Australian asset management ...

Crisis deepens for van Eyk Blueprint funds

MARK SMITH  |  THURSDAY, 4 SEP 2014
The van Eyk Blueprint Alternatives Fund and van Eyk Blueprint Alternatives Plus Fund are the only surviving products remaining in the Blueprint series following the decision by Macquarie to terminate a further nine portfolios that it acts as responsible ...