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Pengana hires QIC execs

COMPANY RELEASE  |  FRIDAY, 12 FEB 2010
Former QIC executives Greg Clarke and Kevin Wan Lum joins boutique firm Pengana Capital. Greg Clarke joined the company to oversee its multi manager operations. Clarke is working to extend Pengana's strategies in the multi manager sector and will work ...

Jobs full recovery

BENJAMIN ONG  |  FRIDAY, 12 FEB 2010
... Mark Latham. 'For John Howard, a resounding vote of confidence from a booming country,' it said. And that, 'Unemployment is close to a 20-year low of 5.6%, down from a peak of 11% in 1992, or 8% when Mr Howard first took office in 1996.' Australian's ...

Clearing house legislation reaches Parliament

MEDIA RELEASE  |  THURSDAY, 11 FEB 2010
The government inches closer towards delivering on its election promise to help small businesses by changing the rules around the processing of superannuation contributions. The law, should it come to fruition, will provide small business employers ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 FEB 2010
... LONDON - European stock exchanges closed higher on Wednesday. The FTSE 100 index added 20.15 points, or 0.39 per cent to close at 5,131.99 points. FRANKFURT - The DAX 30 gained 38.11 points, or 0.69 per cent, to 5,536.37. PARIS - The CAC 40 climbed 22.85 ...

Market Wrap - Mid-Morning

AAP  |  WEDNESDAY, 10 FEB 2010
The Australian sharemarket opened firmer on Wednesday and was 1.2 per cent higher in early trading on positive offshore leads and solid earnings results from heavyweights BHP Billiton and Commonwealth Bank of Australia (CBA). At 1045 AEDT, the benchmark ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 FEB 2010
The Australian share market received positive leads from offshore markets, with Wall Street closing higher and commodities and metals prices firmer. At 0815 AEDT on the Sydney Futures Exchange, the March share price index contract was up 40 points at ...

Asia unseats South Africa in gold race

RUTH LIEW  |  TUESDAY, 9 FEB 2010
Indonesia, Tanzania and China reported the fastest growing output for gold last year - usurping South Africa, once the world's largest gold producer, which saw its production levels drop 5 per cent, according to a precious metals expert. British research ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 FEB 2010
... 31.41 points, or 0.62 per cent to end at 5,092.33 points. FRANKFURT - The DAX 30 gained 50.51 points, or 0.93 per cent to close at 5,484.85 points. PARIS - The CAC 40 climbed 43.51 points, or 1.22 per cent to 3,607.27 points. TOKYO - Japanese stocks ...

Market Wrap - Midday

AAP  |  MONDAY, 8 FEB 2010
The Australian share market was moderately higher at noon following mild gains on Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 index was up 31.9 points, or 0.71 per cent, at 4,546 while the broader All Ordinaries index had gained 30.5 points ...

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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