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Market wrap

AAP  |  FRIDAY, 29 JUL 2005
The Australian share market is expected to open firmly after strong base metal and oil prices overnight, combined with a strong lead on Wall Street should have a positive influence on the local bourse. On the Sydney Futures Exchange, the September share ...

ASIC bans SMSF adviser

... or impinge upon without prior approval, a residential property in Wanneroo, Western Australia that is currently listed for sale. ASIC has also sent out a list to 34 known clients requesting them to list their superannuation interests and advise ASIC ...

Jenkins gets Savage with its marketing and sales

James Savage has been appointed as head of marketing and sales for Jenkins Investment Management. Savage steps into the newly created role with over 18 years of industry experience behind him. He moved to Australia in 1990 to become head of performance ...

New country head for JP Morgan's global securities business

JP Morgan has appointed Tony Winwood as business and operations head for JP Morgan's newly formed Worldwide Securities Services (WSS) business in Australia and New Zealand. The newly created business was formed following the recent integration of the ...

Investors yield to fixed interest as Principal appoints lead manager

Principal Global Investors (PGI) has appointed Rob da Silva to lead its Global Strategic Income Fund as investors increasingly look to fixed income assets. da Silva will be backed by a management team which includes Tony Piliotis in the Sydney office ...

Fidelity continues to grow team

Fidelity Investments Australia (Fidelity) continues to add to its team with the latest appointment of Doug Bryden to the role as associate director client services. The appointment follows six sales appointments made this year. Reporting to investment ...

SSgA promotes Goodlad in team reshuffle

State Street Global Advisors (SSgA) has appointed Robert Goodlad as its new managing director and head of operations in Australia and New Zealand. The move represents a promotion for Goodlad whose most recent role was SSgA director of business development. ...

Life insurance market posts strong results

The life insurance market received a shot in the arm during the last year to the end of March with inflows rising nearly 11 per cent from $4.1 billion to $4.5 billion. While double digit growth in premium inflows was not uncommon with Prefsure (20 per ...

Standard & Poor's puts DeAM fund on hold after sale

Standard & Poor's has placed the Deutsche Global Bond Fund on hold following the sale of parts of Deutsche Asset Management's (DeAM) global asset management business to Aberdeen Asset Management. Last Thursday Deutsche announced it had signed an agreement ...

KPMG survey shows IPOs to be number one fundraiser

... believes this is an indication investors are becoming more selective about where to place their money and sees the impending sale of Testra as being more significant for the market in the coming 12 months. "If you think investor appetite for IPOs is ...