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... price index futures contract was 74 points lower at 4,595, with 21,122 contracts traded. Most market sectors fell, with major resources and bank stocks at least one per cent lower. Bell Potter Securities' senior client adviser Stuart Smith attributed ...

AMP launches planning course

ELISE BURGESS | WEDNESDAY, 20 OCT 2010

... being a high priority for AMP. "There is a significant amount of face-to-face delivery in this course which I think is a major differentiator of this program while also offering greater exposure and understanding of AMP and the industry," Steele said. ...

Bad, bad day

BENJAMIN ONG | WEDNESDAY, 20 OCT 2010

... it is not always the worst month for equities. Disappointment was all over Wall Street overnight - big time with its tree major stock indices - Dow, S&P 500 and Nasdaq - scoring their worst 1-day fall since early August. This wasn't supposed to happen. ...

Market Wrap - Morning

AAP | WEDNESDAY, 20 OCT 2010

... into the collapse of Octaviar Ltd, formerly MFS. On Tuesday, the Australian share market closed flat as investors awaited major economic data due later in the week. The benchmark S&P/ASX200 index finished up 3.8 points, or 0.08 per cent, at 4,655.7 points ...

CFSGAM wins $30m mandate

ELISE BURGESS | TUESDAY, 19 OCT 2010

... demand flowing from these economies. "Only around 10 per cent of the world resources industry is in Australia and we see major opportunities in places like Mongolia, Africa, Latin America and Kazakhstan, which the CFSGAM team is very well positioned ...

NTAA challenge planners to cut fees

ELISE BURGESS | TUESDAY, 19 OCT 2010

... with some planners guilty of 'fee gouging'. Andrew Gardiner, spokesman for the association, quoted the case example of a major bank's guidelines on upfront and ongoing fees where a client with $1.5 million to invest would be charged an upfront fee of ...

Market Wrap - Midday

AAP | MONDAY, 18 OCT 2010

The Australian share market was lower at noon, dragged down by major banks on concerns about foreclosures for US financial companies. At 1200 AEDT, the benchmark S&P/ASX200 index was down 20.5 points, or 0.44 per cent, at 4,668.5 while the broader All ...

Van Eyk completes China review

NEWS RELEASE | MONDAY, 18 OCT 2010

... corporate management in China is much lower than in the developed world. Indeed, it is a Chinese equities fund manager's major concern. The country is at a developing stage and has looser regulations with regards to company reporting than in the developed ...

All cashed up and ready to pounce

ELISE BURGESS | FRIDAY, 15 OCT 2010

Self managed super fund trustees are looking to invest a portion of their cash holdings, currently accounting for more than 50 per cent of their portfolio, into shares, a new survey shows. The Ubank survey released in February this year found t hat ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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Blake Briggs

CHIEF EXECUTIVE OFFICER
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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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