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Morning Market Wrap: Dollar hits fresh heights

... $US0.7415 in overnight trade, and a low of $0.7385. The local unit was yesterday buoyed by positive comments by the nation's top banker and upward economic growth estimates by the government. The Federal Treasury forecast the economy to grow more strongly ...

New director for IOOF in 2004

AAP  |  MONDAY, 8 DEC 2003
... year is what I had in mind,\" he said. Mr Schoer rejected a suggestion that listing a company with uncertainty surrounding top management was ill-advised. \"I would only leave as chairman if there was someone else that could take the position, and we ...

BT Wrap reaches $10 billion, as platform launches new suite

BT Financial Group (BT) has announced its Wrap platform has reached $10 billion in funds under administration (FUA), describing it as "a major milestone that coincides with a suite of new enhancements being launched across the platform". BT said the ...

Asteron boosts its sales and marketing team to drive growth

... well as successfully managing its distribution business, Doug Kirkman has been appointed head of sales & distribution. On top of his Asteron experience, Mr Kirkman has a strong background in managing sales and distribution teams within various financial ...

ANZ completes acquisition of National Bank of New Zealand

AAP  |  TUESDAY, 2 DEC 2003
... Grahame has the experience to lead the integration task in support of Sir John," Mr McFarlane said. ANZ catapulted to the top of the New Zealand banking sector with the $4.92 billion acquisition of NBNZ. The trans-Tasman deal will be partly funded through ...

Hunter Hall loses chief investment officer

... the leading Australian-domiciled managers of international equities,\" he told the Financial Standard. \"We know we cannot top the list as Platinum are confirmed leaders there and we don't have a snowflakes chance in hell of beating them. But we are ...

Super funds lift performance: SelectingSuper

... three months to October was 2.8%, more than most funds earned during the whole of last financial year. SelectingSuper said the top 10 performers for the October quarter included six industry funds. There were three government funds in the top 10 and ...

ING and BGI awarded most AAA ratings by FSIU

Of 119 diversified funds currently offered to the Australian wholesale market, 28 are worthy of a top AAA rating, according to a survey which rates funds in terms of both investment performance and risk. The number was also considerably higher than ...

Westfield, Commonwealth Funds Management in property deals

AAP  |  MONDAY, 24 NOV 2003
... 7.50 per cent on Westfield Trust's 50 per cent interest. Westfield said Westfield Marion and Belconnen are two of Australia's top performing regional shopping centres. "We are investigating to, over time, introduce a new joint venture partner into Westfield ...

Dr Steven Vaughan & Associates and Callan to target domestic market

... 2002 Callan conducted 129 manager searches, and placed over $20 billion in assets giving it an enviable position near the top of the independent adviser space in the largest pension market in the world. "With national superannuation now 20 years old ...