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Cbus and ARIA looking to hire

RUTH LIEW  |  FRIDAY, 18 SEP 2009
The search for top talent in the superannuation industry continues with Cbus looking for a new executive manager for superannuation policy and ARIA searching for a senior investment operations analyst. The $13 billion Cbus wants to hire an executive ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
Run three days straight or for nine days with only a day's pause and you too would need a bit of a rest. This is precisely what Wall Street did overnight -- it stopped for a break. In financial market jargon this is termed as "consolidation." The Dow ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 SEP 2009
The Australian share market is likely to open weaker after a rally on Wall Street came to an end as US economic data presented a mixed picture on the economic recovery. At 0730 AEST on the Sydney Futures Exchange, the December share price index contract ...

OneVue buys 50pc of WealthCraft

RUTH LIEW  |  THURSDAY, 17 SEP 2009
Homegrown tech firm OneVue casts its net overseas after wrapping up a deal to buy 50 per cent of Hong Kong-based wealth management platform provider, WealthCraft. The two organisations worked together to launch WealthCraft Pension Administration Service ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 SEP 2009
... or 1.45 per cent, to 2133.15 and the broad-market Standard & Poor's 500 index rose 16.13 points, or 1.53 per cent, to a close of 1068.76. LONDON - European stock markets rallied sharply amid a wave of investor optimism that the global economic downturn ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 SEP 2009
The Australian share market is expected to open higher after strong US retail sales figures boosted confidence in an economic recovery. At 0723 AEST on the Sydney Futures Exchange, the September share price index contract was up 21 points at 4568. In ...

IOSCO to impose new rule on FoHFs

MICHAEL HOBBS  |  TUESDAY, 15 SEP 2009
The International Organisation of Securities Commissions (IOSCO) fund of hedge fund (FoHF) report on liquidity risk and appropriate due diligence could impact how the sector is regulated in the future, said a hedge fund expert. Following a consultation ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 SEP 2009
The Australian share market is expected to open higher after gains on Wall Street as investors remained positive about the prospects of economic recovery. At 0736 AEST on the Sydney Futures Exchange, the September share price index contract was up 46 ...

Market Wrap - Morning

AAP  |  MONDAY, 14 SEP 2009
The Australian share market is expected to open flat on Monday, led by losses on Wall Street and after a week of strong gains in most major markets. The Gold miners may gain after the price of the precious metal jumped while energy stocks may slump ...

ASIC reviews prospectus disclosure of CRAs

MICHELLE BALTAZAR  |  FRIDAY, 11 SEP 2009
... practicalities and costs of requiring and giving consent to cite credit ratings in disclosure documents. ASIC said submissions close on Thursday 22 October 2009.