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Showing 7141 - 7150 of 10363 results for "Close"

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
... to shareholders. Pereira said the meeting sends a strong signal to other LIC providers that it's very difficult to trade close to NTA without scale. He believes an LIC needs $400 million in capital to trade and function appropriately. "Out of 25 [locally ...

Ascalon and Regal form partnership

COMPANY RELEASE  |  THURSDAY, 8 JUL 2010
Boutique incubator Ascalon Capital Managers will buy a 30 per cent stake in Regal Funds Management - a deal that will also see Ascalon provide Regal with sales and marketing support, among other services. The partnership agreement will see Ascalon buy ...

All aboard

BENJAMIN ONG  |  THURSDAY, 8 JUL 2010
It took Wall Street a full day to convince itself that there must be something in the sharp turnaround in Asian and European equity markets the other day. US equities rose only about half a per cent the day the others jumped between 2 per cent and almost ...

Aurora set to list on ASX

COMPANY RELEASE  |  WEDNESDAY, 7 JUL 2010
Aurora Funds, the new name of the soon-to-merge fund managers Aurora Funds Management, Sandringham Capital and Fortitude Capital, is gearing up for an ASX listing after raising an initial $2 million from the market. The funding will go toward research ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 JUL 2010
... helped by a positive start to the day on Wall Street. The London FTSE 100 index rose 141.47 points, or 2.93 per cent, to close at 4,965 points. FRANKFURT - In Germany, the DAX added 124.78 points, or 2.15 per cent, to 5,940.98. PARIS - The CAC 40 rose ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 JUL 2010
The Australian share market lost around 0.7 per cent in opening trade, touching a fresh 12-month low on a weak European lead as local investors awaited the Reserve Bank of Australia's interest rate decision later on Tuesday. At 1015 AEST, the benchmark ...

ESSSuper drops VFMC for Towers Watson

RUTH LIEW  |  TUESDAY, 6 JUL 2010
... contract with the fund. "We canvassed all of the major asset consultants and had a formal tender process," said Dundon. "It was close competition, [the] tenders were of excellent standard - but in the end we chose Towers Watson. "The fact that we had ...

Olive branch for SMSF art investors

MEDIA RELEASE  |  TUESDAY, 6 JUL 2010
SMSFs' investments in exotic assets including art may be banned if the Cooper Review's recommendations go ahead - but one of the review's panelists, Meg Heffron, said art is still an option for investors, if they restructure their fund. Heffron, one ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 JUL 2010
... start of the corporate reporting season. In London on Monday, the FTSE 100 index shed 0.30 per cent, or 14.56 points, to close at 4,823.53. FRANKFURT - In Germany, the DAX fell 0.31 per cent, or 17.95 points, to 5,816.20. PARIS - The CAC 40 lost 15.91 ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
Following a year-long study on the efficiency of the superannuation system, the Cooper Review panel recommended the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences. The ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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