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Showing 8461 - 8470 of 10710 results for "May 2011"

ESI Super appoints NAB as custodian

RUTH LIEW  |  FRIDAY, 26 JUN 2009
The Electricity Supply Industry Superannuation Fund (Queensland) has appointed National Australia Bank as custodian of its invested assets. According to a May newsletter to members, the ESI Super trustee had appointed NAB as its new custodian, and said ...

Up, Down, Flat

BENJAMIN ONG  |  THURSDAY, 25 JUN 2009
... improve visibility as well. US durable goods orders - a leading indicator of capital investment - increased by 1.8 per cent in May - much, much more than expectations for a 0.9 per cent fall - adding to an equally strong 1.8 per cent gain in April. Sales ...

BlueMountain to post record returns

MICHELLE BALTAZAR  |  WEDNESDAY, 24 JUN 2009
US-based hedge fund BlueMountain Capital Management hopes its forecast 20 per cent plus returns, lower fees and new liquidity rules will appeal to local super funds allocating new money into alternative strategies. Hedge funds are a hard sell these ...

OECD vindicates govt super reforms

ALEX DUNNIN  |  WEDNESDAY, 24 JUN 2009
The OECD has vindicated the government's Budget strategy for reforming retirement income policy when it revealed that Australia has the fourth highest poverty rate among the OECD countries for seniors and retirees. The finding lands a fatal blow to ...

Market Wrap - Midday

AAP  |  TUESDAY, 23 JUN 2009
The Australian share market was three per cent lower around noon after Wall Street suffered its biggest loss in two months on a bleaker-than-expected forecast for the world economy. At 1228 AEST, the benchmark S&P/ASX200 was down 119.8 points, or 3.06 ...

Job freezes to thaw: Watson Wyatt

RUTH LIEW  |  TUESDAY, 23 JUN 2009
More than 60 per cent of companies that froze all recruitment due to the global financial crisis are relaxing their hiring policies as more signs of economic recovery emerge. A new survey by Watson Wyatt show that 62 per cent of companies that put hiring ...

Aberdeen cools on China

COMPANY RELEASE  |  TUESDAY, 23 JUN 2009
Aberdeen Asset Management is keeping an underweight position in China due to concerns about the "conflicting" economic data released by the country. Stuart James, senior investment specialist at Aberdeen Asset Management, said the numbers coming out ...

ASIC reveals cap arising enhancements

ASIC RELEASE  |  MONDAY, 22 JUN 2009
ASIC has released new measures to boost market disclosure and efficiency in capital raisings and unlisted disclosing entities. The new equity raising policies released at the end of last week seek to streamline the fundraising process by faster and ...

Corp bonds dominate UK sales

COMPANY RELEASE  |  MONDAY, 22 JUN 2009
Corporate bond funds remain the most popular products among UK investors, with the asset class making up a quarter of the sales on the Cofunds platform in May. The latest figures from the UK-based investment platform found the top three selling funds ...

Future lies in present

BENJAMIN ONG  |  MONDAY, 22 JUN 2009
Have we? Haven't we? Left bottom that is. Or is the taxpayer's impatience to get their money back and authorities' over zealousness to erect new 'thou shall not' signs to police financial institutions taking us back to that dark place we left back in ...