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Showing 6771 - 6780 of 8593 results for "SIM"

Market Wrap - Midday

AAP  |  WEDNESDAY, 7 APR 2010
The Australian stock market had pushed through to an 18 month high at noon, driven by gains in mid- and small-cap stocks. At 1209 AEST, the benchmark S&P/ASX200 index was up 13.5 points, or 0.27 per cent, at 4,967.2 points, while the broader All Ordinaries ...

BlackRock SMA tops $500m

COMPANY RELEASE  |  WEDNESDAY, 7 APR 2010
BlackRock's Customised Portfolio Service has reached $500 million in FUA and launched 84 investment models across 34 product disclosure statements in under five years in operation. Scott Phillips, BlackRock's director and head of retail at BlackRock ...

African bourse on the rise

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
The Nairobi Stock Exchange (NSE) is steadily making changes to its structure to keep pace with its overseas counterparts, and the results are promising. Late last month, NSE chief executive Peter Mwangi, spoke at an industry forum about the progress ...

SG Hiscock hires portfolio manager

COMPANY RELEASE  |  THURSDAY, 1 APR 2010
SG Hiscock & Company has appointed Rob Tucker as portfolio manager in its concentrated equity investment team. Tucker joins Robert Hook and Tim Wood and takes the number of executives working at SGH to 14. The team manages more than $1.6 billion in ...

UK bans commission payments from products

MICHAEL HOBBS  |  TUESDAY, 30 MAR 2010
In a seminal move, the Financial Services Authority (FSA) has banned financial advisers from accepting commissions for recommending a product from 2012. The FSA also ruled that financial advice firms must be upfront about how much they charge for their ...

Macquarie launches lifetime income product

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
Macquarie has joined the growing number of product providers offering longevity products with the launch of the Macquarie Lifetime Income Guarantee Policy. Macquarie Funds Group launched the product which gives investors a guaranteed minimum level of ...

NZ Super buys Shell assets

PRESS RELEASE  |  MONDAY, 29 MAR 2010
A consortium including the New Zealand Superannuation Fund has bought the Royal Dutch Shell's New Zealand distribution business assets for more than $540 million. The deal includes all Shell's "downstream assets", which include the business' retail ...

BTIM realigns income and diversified funds

MICHELLE BALTAZAR  |  FRIDAY, 26 MAR 2010
In his first 100 days as head of BT Investment Management, ex-Perpetual CIO Emilio Gonzalez has combined all of the fund's income capabilities under one roof, diversified funds in another and will be hiring two new senior appointments as part of the ...

Swanson heads MMC Contrarian

RUTH LIEW  |  FRIDAY, 26 MAR 2010
CommInsure veteran Simon Swanson has been appointed chief executive of MMC Contrarian, which recently agreed to buy ClearView Retirement Solutions and MBF Life from Bupa Australia. Swanson, who announced his retirement from CommInsure mid last year ...

Outback stake on Westscheme radar

RUTH LIEW  |  THURSDAY, 25 MAR 2010
Western Australia-based Westscheme has become a minority shareholder of RM Williams Agricultural Holdings after one of the fund's investments folded into the company. Howard Rosario, chief executive of the $2.9 billion Westscheme became a shareholder ...