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Market Wrap - Midday

AAP  |  WEDNESDAY, 24 MAR 2010
The Australian share market was more than half a per cent higher at noon following a firm lead from Wall Street and gains among the major miners. At 1200 AEDT, the benchmark S&P/ASX200 index was up 33.6 points, or 0.69 per cent, at 4,908.4 points, while ...

Global instos flock to Asian infrastructure

PRESS RELEASE  |  WEDNESDAY, 24 MAR 2010
J.P. Morgan Asset Management's Asian Infrastructure & Related Resources Opportunity fund, one of the largest dedicated Asian infrastructure funds in the world, has closed with over $900 million from institutional investors including Australia. The fund ...

Ready, steady, communicate

COMPANY RELEASE  |  TUESDAY, 23 MAR 2010
Members don't care about super until close to retirement - myth or fact? According to ESI Super, it is a myth as increasingly financially literate members look to their super funds as "partners" before, during, and after retirement. The $2.8 billion ...

Market Wrap - Morning

AAP  |  TUESDAY, 23 MAR 2010
... uncertainty on the outcome of the Greek financial crisis. The London FTSE 100 index lost 5.59 points, or 0.10 per cent, to close at 5,644.54 points FRANKFURT - The Dax added 5.07 points, or 0.08 per cent, to end the session at 5,987.5 points. PARIS - ...

AXA APH extends deal with NAB

MICHAEL HOBBS  |  MONDAY, 22 MAR 2010
AXA Asia Pacific Holdings (AXA APH) has agreed with National Australia Bank (NAB) to extend the agreement until 29 March this year but all eyes remain on the ACCC's decision next month. The agreement means the terms deed has been extended from 17 December ...

In a better place

BENJAMIN ONG  |  MONDAY, 22 MAR 2010
Down day, up week. This was Wall Street's performance lat Friday and over the pass five trading days. And since the Australian equity market "almost" always marches to the beat of Wall Street's drum, market observers/forecasters guessing that it would ...

Market Wrap - Morning

AAP  |  MONDAY, 22 MAR 2010
The Australian share market has received negative leads from overseas, with Wall Street indices, metals and oil all closing lower. At 0701 AEDT on the Sydney Futures Exchange, the June share price index contract was 19 points lower at 4,873 points. ...

ASIC a step closer to Storm resolution

ASIC RELEASE  |  FRIDAY, 19 MAR 2010
ASIC has completed a major phase of its investigation into failed Storm Financial and is entering the next part of its investigation, aimed at achieving a commercial resolution for investors. The next phase will now take place until the end of May 2010 ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 MAR 2010
... turmoil taking a toll on the single European currency. The London FTSE 100 index slipped 0.04 per cent, by 2.01 points, to close at 5,642.62 points after having at one point risen to a 20-month high. FRANKFURT - The Dax lost 11.97 points, or 0.20 per ...

Noonan named AIST president

AIST RELEASE  |  THURSDAY, 18 MAR 2010
The Australian Institute of Superannuation Trustees (AIST) has appointed Gerard Noonan, chair of the $2.6 billion Media Super and former AFR editor, to the new role of AIST president. Noonan replaces Ian Robertson who has resigned after three years ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
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
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
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds 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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