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Showing 6511 - 6520 of 9741 results for "Major"

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... taken away. "They really think it's OK not to see people for 10 years and still charge for advice?" she said. McKeage said major banks and platforms had worn a path down to Canberra to get their views heard and that consumers had been lost. "For really ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 JUN 2011
The Australian dollar was lower against most major currencies on Wednesday morning, weighed down by weak trade figures released on Tuesday. At 0700 (AEST) on Wednesday, the Australian dollar was trading at 106.72 US cents, down from 107.03 cents on ...

Aussie downgrades likely as S&P reviews rating system

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
... they didn't really say anything firm but the message that I got... is that there's a possible a one-notch downgrade for the major Aussie banks," he said. "At worst case maybe two notches but that's a really outside chance from what I can gather." Rob ...

Market Wrap - Morning

AAP  |  TUESDAY, 31 MAY 2011
... bargain hunting was weighed by uncertainty over European debt, while key upcoming data and holidays in two of the world's major markets combined to dampen enthusiasm. Tokyo fell 0.18 per cent, or 16.97 points, to 9,504.97 and Seoul was off 0.31 per cent ...

Market Wrap

AAP  |  MONDAY, 30 MAY 2011
... profit reports. At 1037 AEST, BHP Billiton was down two cents at $44.10, while Rio Tinto was up 64 cents at $81.34. The major banks were in negative territory, with Commonwealth down 31 cents at $50.66, NAB down eight cents at $26.29, ANZ down eight ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ...

Market Wrap - Morning

AAP  |  MONDAY, 30 MAY 2011
... 5.41 points, or 0.4 per cent, to 1,331.10. The Nasdaq composite rose 13.94 points, or 0.5 per cent, to 2,796.86. All three major stock indexes fell slightly for the week, the fourth week in a row of declines. The Dow lost 0.6 per cent, and the S&P 500 ...

Bentham wins $350 million mandate

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
Specialist global credit investment managers Bentham Asset Management have won a major new mandate from AustralianSuper worth $350 million. The segregated global loan mandate, issued in the March quarter, will increase Bentham's funds under management ...

Tower, Praemium tackle new frontier

ELISE BURGESS  |  FRIDAY, 27 MAY 2011
... Financial Standard. Naoumidis said the two parties were able to act quickly as they are independent, with several of Praemium's major planning groups already expressing keen interest. "Planner response has been very positive, we are very confident there ...

Australian market to shrug off Greek woes

MATT WOODINGTON  |  FRIDAY, 27 MAY 2011
... wealth managers believe that the worsening European debt crisis, with Greece seemingly on the brink of default, will have no major long-term impact on the global financial recovery. Greece is estimated to have unsustainable debt of $456 billion with ...