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Pentafin and DP step up MA technology

... incubator Ascalon Capital Managers, which acquired a majority stake in Direct Portfolio last October, said the merger is the next logical step to develop DP's technology. "The real power comes in merging the two technologies and trying to commercialise ...

Market Wrap - Morning

AAP  |  FRIDAY, 4 APR 2008
... financial firms extended gains, but energy was limited by wariness ahead of US jobs data and earnings from major Japanese firms next week. The Nikkei gained 200.54 points to close at 13,389.90. HONG KONG - Hong Kong stocks rose to a five-week closing ...

Further regulation not needed: Nelson

MICHAEL HOBBS  |  THURSDAY, 3 APR 2008
... there is no inflationary crisis. The headline inflation rate is running at three per cent and is likely to go four per cent next year and then fall back," he said. "Really its two of the 16 inflation measures that are at a 16 year high, but the household ...

When good housing news is bad

ALEX DUNNIN  |  WEDNESDAY, 2 APR 2008
... share market swings, interest rate rises and petrol price jumps, news that house prices might climb 40 per cent over the next five years didn't quite get the reception you would have expected. Instead it just showed how bad the outlook for housing affordability ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 APR 2008
... Smith said there was little interest in the market, with an unusually low trading volume. "Investors are waiting for the next something, be it a Tricom or Opes, to come out of the woodwork. It's very much a wait and see game," Mr Smith said. Tricom failed ...

Præmium tackles UK SMAs

RUTH LIEW  |  TUESDAY, 1 APR 2008
... provide the legal structure for the managed fund for those who wish to rebrand. "SMAs have been hailed internationally as the next evolution of platforms and this adaptation of the SMA concept is ideal for the UK market. The Smartfund structure enables ...

Market bottom approaches, recovery expected soon

ALEX DUNNIN  |  TUESDAY, 1 APR 2008
... the corner." Reflecting this analysis, they said in another report that "the stock markets are likely to bottom out in the next few weeks. The cheap valuation of equity markets also offers the protection needed against an overly sharp correction. Bond ...

Doja faces jail time

RUTH LIEW  |  MONDAY, 31 MAR 2008
... Warrandyte, Victoria, following an application by ASIC. The Court ordered Bristow be banned from managing a corporation for the next three years for his role in promoting and managing unregistered management investment schemes. Bristow's financial services ...

Synchron rolls out new IT system

... Synchron has redesigned its website adding extra marketing tools and an option to run consolidated client reports. Starting next month, the Synchron.net.au website that advisers use will be more client-focused, concentrating on giving clients access ...

JPMorgan buys $342.5 bn Nordic custody service

MICHAEL HOBBS  |  MONDAY, 31 MAR 2008
... market. "A key cornerstone of our strategy is to align ourselves more closely in region with clients. This acquisition is the next stage of evolution of our Nordic expansion," said Kozak. The Nordic region represents more than $3.4 trillion in assets ...