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| | | Dalton Nicol Reid clients are hunkering down for a year of negative returns - but the specialist portfolio manager said they were well-informed ahead of the financial year-end due to the transparency of individually managed accounts (IMAs). DNR, one ... |
| | | | ... instruments at their disposal. However, as longevity rates increased higher than anticipated, many went back to the drawing board to cover their risk. The upshot is that their hedging programs worked well enough not just to cover longevity risk but also ... |
| | | | ... September share price index was up 17 points to 5,210. In economic news, the Reserve Bank of Australia (RBA) holds its monthly board meeting. Economists are predicting that the RBA will keep interest rates on hold. Also today, the AI Group - PwC Australian ... |
| | | | ... fund's asset consultant (replacing JANA and van Eyk) with a mandate to provide full investment consulting advice to the board. JP Morgan will also take over National Custodian Services as the fund's global custodian. Kessell said he accepted the role ... |
| | | | ... operations in the Asia-Pacific region. Prior to joining State Street, Lazberger was at the State Authorities Superannuation Board, Citibank, and the CRA group. He was also the inaugural president of the Sydney Society of Financial Analysts (SSFA), and ... |
| | | | ... was named chief executive in 2004. He left the company early this month (June 9), and was succeeded immediately by Russell board member, Schlifske. Schlifske was most recently responsible for all aspects of life insurance firm Northwestern Mutual's investment ... |
| | | | ... leading position in the Turkish retirement savings marketplace." Jacques de Vaucleroy, ING Group member of the executive board, said the purchase was inline with the group's strategic focus on banking, investments, life insurance and retirement services. ... |
| | | | ... opened lower, then reversed course on bargain hunting before retreating again to end with modest declines. The Conference Board reported US consumer confidence plunged in June amid growing concerns about jobs and the economy that have slashed expectations ... |
| | | | ... futures contract decreased 71 points to 5,238. Macquarie Equities adviser Helen Spencer said the market was down across the board. "The market has been quite soft and we've seen the financials struggling a bit," Ms Spencer said. "Woolworths, Telstra ... |
| | | | ... executive and Nelson Lam, Ascalon head of investments join Alan Harmer, Sigrun chief executive and Sriram Srinivas on Sigrun's board. Basile said Sigrun would complement Ascalon's focus on investing and supporting market leaders in financial services. ... |
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