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Showing 5751 - 5760 of 6884 results for "Act2"

Adviser portfolios add commodities

RUTH LIEW  |  MONDAY, 20 APR 2009
Commodities is the new asset class in the Securitor Select Blend Portfolios. Pat Farrell, head of BT Investment Solutions and a speaker at last week's Securitor conference in Darwin, said commodities were included as an asset class of its own in the ...

Russell slashes Aust jobs

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
Russell Investment Group has cut around 20 per cent of the firm's Melbourne and Sydney staff, but leaves local investment teams mostly intact. According to industry sources, the firm's Melbourne office, where the majority of staff cuts were made, suffered ...

Cutting SG a disaster: Keating

RUTH LIEW  |  THURSDAY, 16 APR 2009
Allowing SG to be lowered, even just temporarily to help stimulate the economy, would be an economic disaster, warned former Australian Prime Minister, Paul Keating. At the end of last year, a group of economists lead by Nick Gruen, principal of the ...

Low volatility not always low risk

ALEX DUNNIN  |  TUESDAY, 14 APR 2009
Steady appreciation in unlisted asset valuations can mask bigger potential for sudden price drops, according to a UK hedge fund manager. "Low volatility is easily confused with short volatility, noted AURUM Funds Limited in their 2009 hedge fund outlook ...

Charged for no AFSL

ASIC RELEASE  |  TUESDAY, 14 APR 2009
ASIC has commenced proceedings against four former Queensland directors who dealt in financial products, including Westpoint promissory notes, without an Australian financial services licence (AFSL). Barry William Silver, of Arundel, Robert Peers Button ...

The good news in good news

BENJAMIN ONG  |  TUESDAY, 14 APR 2009
Five weeks and counting. Wall Street and other equity markets chalked up another positive week heading into Easter. The early buds of a bull run or another dead cat bounce? Questions such as these make the answer plain and simple. And it is that there ...

Market Wrap - Midday

AAP  |  THURSDAY, 9 APR 2009
The Australian share market was higher at noon, but well off its earlier gains following worse than expected jobs data. At 1200 AEST, the benchmark S&P/ASX200 was up 21.3 points, or 0.59 per cent, to 3,640.8, while the broader All Ordinaries had added ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 1 APR 2009
The Australian sharemarket consolidated its position in morning trade, with resources and oil stocks providing the core support after February retail trade and building approval figures had little impact on the market. At 1200 AEDT, the benchmark S&P/ASX200 ...

VFMC chief Syd Bone leaves

RUTH LIEW  |  WEDNESDAY, 1 APR 2009
Sydney Bone, chief executive officer of the $32 billion Victorian Funds Management Corporation, has resigned - marking the continued reshuffle of senior management within the investment firm. Bone, who was appointed chief executive of VFMC in 2004 after ...

Forecasting foibles

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2009
My forecasts are gloomier than yours! The Organisation for Economic Cooperation and Development (OECD) has joined the fray of gloomier international forecasters. The World Bank (WB) started to get glum at the start of the year, quickly followed by the ...