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QSuper searches for CIO

MICHAEL HOBBS  |  FRIDAY, 28 NOV 2008
... Holzberger as interim chief investment officer while the fund searches for someone to fill the role on a permanent basis next year. Holzberger, also QIC executive general manager of client services and QInvest director, joined the Queensland based fund ...

Trilogy signs AFM

MEDIA RELEASE  |  FRIDAY, 28 NOV 2008
... managers across several asset classes. John Donovan, AFM managing director, said Trilogy plans to develop infrastructure funds next year. "Regardless of the market conditions at the moment we have seen an increase in the number of various institutions ...

Morrison Carr triples adviser base

RUTH LIEW  |  THURSDAY, 27 NOV 2008
... distribution manager Phillip Alexander attributes the growth to the Morrison Carr business model which he claims provides the next generation license to those advisers who have outgrown their existing arrangements. The global economic turmoil has also ...

AXA ramps up group insurance

MICHAEL HOBBS  |  WEDNESDAY, 26 NOV 2008
... its internal super fund offers, Rainmaker Research found. Bergin said the firm is refining its group insurance strategy for next year which would build on the work by former AXA Australia national group insurance solutions, Stephen Rosengren. AXA is ...

Cybercriminals target fin services

MICHELLE BALTAZAR  |  WEDNESDAY, 26 NOV 2008
... tools such as bot.nets are in the market for US$225 while a keystroke logger can be bought for US$23. Dzienciol said the next threat that companies need to be aware of are internet attacks through social networking sites. "Personal data can be sourced ...

Time to acknowledge the best: HESTA

RUTH LIEW  |  WEDNESDAY, 26 NOV 2008
... Awards, which will see $25,000 prize money awarded across three categories of excellence at a gala event in Melbourne on May 14 next year, are now open. HESTA chief executive Anne-Marie Corboy said that there were few opportunities to recognise the quality ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... more companies are going to plea for US taxpayers' money as the financial crisis progresses. The big three US carmakers are next in line. Given Washington's response to Citi, they too would certainly get their handouts. Whether taxpayers' like it or ...

Dragon still on the rise

RUTH LIEW  |  TUESDAY, 25 NOV 2008
... flavor of the month, with new bridges, toll roads, airports and other projects mushrooming across the country. But what's next for the upcoming global player? "Power consumption, energy, environmental protection, food safety - all these will [provide] ...

No more short-selling: IML

MICHELLE BALTAZAR  |  TUESDAY, 25 NOV 2008
... the shorting ban because short-selling threatens the ability of listed companies to raise much-needed equity capital in the next 12 months. Investor Mutual Limited founder and investment director Anton Tagliaffero wrote an open letter to the Federal ...

Snowball FUA grows $700m

MICHAEL HOBBS  |  TUESDAY, 25 NOV 2008
... expected to contribute $2 million in annual earnings before interest, taxes, depreciation and amortisation (EBITDA) in the next financial year. A number of buying opportunities are in the pipeline, McDonald said, including the purchase of a Brisbane ...