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Showing 7641 - 7650 of 9326 results for "Red"

Regulators call for better OTC derivatives processing

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
APRA, ASIC and the RBA have released a report that identifies where major fund managers and super funds can improve in terms of how they manage OTC derivatives in the wake of the credit crisis. This month the regulators and the RBA released the findings ...

PGI fund placed on FirstChoice

COMPANY RELEASE  |  FRIDAY, 22 MAY 2009
Principal Global Investors' flagship property securities fund has been included in Colonial First State's platform, FirstChoice. Grant Forster, chief executive for Principal Global Investors Australian said the Principal Property Securities Fund has ...

Maritime merger saves $1m

MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
Maritime Super may be able to save more than $1 million in administrative costs as a result of the merger in March, according to initial estimates. Peter Robertson, chief executive at Maritime Super, said the merger between the Stevedoring Employees ...

No flight to cash at Equipsuper

RUTH LIEW  |  WEDNESDAY, 20 MAY 2009
Majority of Equipsuper's members did not switch from equities to the cash option despite the heavy falls in the sharemarket last year, said the fund's chief executive. Robin Burns, who heads up the "hybrid" $4.2 billion fund that hosts both defined ...

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
No confusion here. Wall Street would not be dragged into reacting to reports that US home building has fallen to its lowest level on record. Just imagine what could have happened had this report reached the headlines six months ago? US equities ended ...

Conservative strategies pay for ITC

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
Forestry group ITC banks on its prudent business model to ride the crisis facing the agribusiness sector after Timbercorp and Great Southern went into administration. Adam Redman, spokesperson at ITC, said the firm's key business is forestry, a key ...

Easing Libor pains

BENJAMIN ONG  |  TUESDAY, 19 MAY 2009
No more Libor pains. The trillions of dollars flooding the financial system have already bought optimism for an eventual economic recovery - now it is also buying trust. Trust among banks, that is. Yesterday, I talked about the Libor/OIS spread - a ...

Market Wrap - Midday

AAP  |  MONDAY, 18 MAY 2009
... morning trade after going ex-dividend. "It's dragging quite a bit on the financial sector and all of the other banks are in the red, with National Australia Bank doing the best. "There's been quite a drop in Macquarie Group shares as well." Shares in ...

Super concession cuts were overdue

ALEX DUNNIN  |  MONDAY, 18 MAY 2009
Cuts to superannuation tax concessions are signs of things to come as the government gets on with a program it says will restore fairness to the system. "It is appropriate that those who are better off should help those not so well off," said Shane ...

Great Southern falls into administration

COMPANY RELEASE  |  MONDAY, 18 MAY 2009
Agribusiness fund manager Great Southern has appointed administrators after its banks withdrew support for its ongoing restructuring program. The directors of Great Southern Limited and Great Southern Managers Australia Limited have appointed Martin ...