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AXA AP angles for bigger slice of Aus market

MICHELLE BALTAZAR  |  WEDNESDAY, 17 FEB 2010
... light on why it's being courted by National Australia Bank and AMP, but also how it plans to grow its local revenues in the next few years. This morning the group announced that its profit after tax and non-recurring items in the year to December 2009 ...

Australian Ethical taps global smart energy

MEDIA RELEASE  |  TUESDAY, 16 FEB 2010
... in the marketplace," she added. Australian Ethical will be holding information sessions for planners and investors early next month.

Supercorp software adds 2,000 users

PRESS RELEASE  |  TUESDAY, 16 FEB 2010
... just four months after the solution was launched. The firm's software, superMate, was launched in October last year as the next generation of its flagship product, SuperVisor II. The majority of SuperVisor II users have switched to superMate in less ...

Change of heart

BENJAMIN ONG  |  TUESDAY, 16 FEB 2010
... European Union last year. The currency started its life on 1 January 1999 valued at US$1.1827 but steadily declined over the next 21 months to hit an intra-day low of US$0.8228 in October 2000. Whatever the reason - whether it is because of the bursting ...

AMG buys Pantheon Ventures

COMPANY RELEASE  |  FRIDAY, 12 FEB 2010
... a definitive agreement to acquire Pantheon for $775 million in cash, with the potential for additional payments over the next five years, contingent on the growth of Pantheon's business. Following the closing of the transaction, Pantheon's management ...

Norway pension enlists RI researcher

PRESS RELEASE  |  FRIDAY, 12 FEB 2010
... material to the government of Burma. The firm will also identify companies that manufacture tobacco products. The mandate starts next month and will run for four years. The pension fund's equities and fixed income portfolio strategies includes more than ...

Mercer recommends pullback on global equities

COMPANY RELEASE  |  THURSDAY, 11 FEB 2010
... 'unattractive' relative to the US dollar because the firm predicts the dollar will come down from its current price over the next two or three years. The firm has maintained its view on the Australian dollar as 'neutral' relative to the Euro and Japanese ...

Trio funds to be wound up

COMPANY RELEASE  |  THURSDAY, 11 FEB 2010
... firms to gauge their interest in replacing Trio as RE of these funds. They are also making an application to the court in the next few days to allow limited redemptions from schemes that have exposure to the funds being wound up. A review on the assets ...

Planners sidelined for self-investing strategies

RUTH LIEW  |  WEDNESDAY, 10 FEB 2010
... noted that one third of surveyed investors believe the Australian share market will achieve double-digit growth over the next six months. Almost 75 per cent predict that the ASX will outperform the US markets over the same period.

FPA loses chief

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
... until Easter. She said she is proud of what the association has been able to achieve. "I watch with great interest as the next era unfolds," said Bloch. Steve Helmich, director Financial Planning, Advice and Services at AMP, commended Bloch's efforts ...