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Showing 71 - 80 of 96 results for "Axi"

New benchmarks act like analysts

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
An experimental index-filtering exchange-traded fund could one day put professional stock-pickers out of a job, the product's developer has said. Investment services firm Russell Investments has developed a series of portfolio construction tools with ...

Better than a Thanksgiving turkey

BENJAMIN ONG  |  THURSDAY, 25 NOV 2010
"It's always darkest before dawn." This axiom came to mind as I watched Wall Street recouped its previous day's losses. Everything that could go wrong appeared to have gone wrong yesterday. There was shelling in the Korea's. Ireland's acceptance of ...

RBF-Tas terminates 452 Capital mandate

RUTH LIEW  |  FRIDAY, 15 OCT 2010
RBF-Tasmania has pulled the plug on investments with 452 Capital following the departure of key investment staff, axing a $170 million mandate with the firm. Philip Mussared, chief executive of RBF-Tas, said the $3.4 billion fund is going through the ...

Cbus Connect merger heralds investment changes

RUTH LIEW  |  FRIDAY, 19 MAR 2010
Cbus is in merger talks with electricity fund CONNECT - a move that could see changes in overlapping mandates and a face off between each fund's asset consultant, Frontier Investments and JANA. Cbus, the industry fund for the construction, building ...

ASIC bans Firepower adviser

ASIC RELEASE  |  FRIDAY, 10 JUL 2009
ASIC has banned another adviser Quentin Ward from providing financial services for eight years after an investigation into his involvement in Firepower investments. ASIC banned Ward after an investigation into his dealings in the sale of Firepower Holdings ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 APR 2009
The Australian share market has received mixed leads from overseas after crude oil prices slid overnight and US stocks ended mostly higher. At 0722 AEST on the Sydney Futures Exchange, the March SPI futures index was steady at 3,722. In economic news ...

MTAA withdraws insurance freebies

RUTH LIEW  |  MONDAY, 6 APR 2009
The $5.5 billion MTAA Superannuation Fund is axing its long-standing "six month rule" on insurance cover for certain members, citing it is "not equitable" to the rest of the fund's membership base. According to a statement on the MTAA website, the fund ...

State Street scores $1bn mandate

RUTH LIEW  |  FRIDAY, 16 JAN 2009
State Street Global Asset Managers wins a $1 billion global mandate from one of the world's top 20 sovereign funds, the $43 billion Alaskan Permanent Fund Corporation. The trustee board of the American super fund handed the mandate to State Street on ...

Planners spared AMP job cuts

RUTH LIEW  |  TUESDAY, 2 DEC 2008
AMP is axing 46 staff from its financial planning and advisory business - but the company confirms that its planners are safe and business operations will continue as normal. "There will be no impact on planner numbers," said an AMP spokeswoman. "We ...

SMAs champion tax time efficiency

RUTH LIEW  |  WEDNESDAY, 4 JUN 2008
Separately managed account (SMA) provider Direct Portfolio Services is axing brokerage for a limited time on all funds invested in its products to incentivise investors in the countdown towards the end of the financial year. Hoping to educate investors ...