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Showing 931 - 940 of 1117 results for "MIT"

BNY Mellon names asset management chief

COMPANY RELEASE  |  THURSDAY, 5 AUG 2010
BNY Mellon has hired former BlackRock fixed income chief investment officer, Curtis Arledge, as vice chair of the corporation and chief executive of its asset management division. Arledge was previously chief investment officer of BlackRock's fundamental ...

GESB can manage tougher measures on capital reserves

MICHAEL HOBBS  |  FRIDAY, 9 JUL 2010
WA-based GESB said the super fund supports the Cooper Review's recommendation on new capital requirements and said it won't be an issue even if - in theory - the super fund grows to $350 billion, the average size of a super fund by 2035 based on Treasury ...

SG survives mining tax deal

ALEX DUNNIN, MICHAEL HOBBS  |  FRIDAY, 2 JUL 2010
The government and large miners have negotiated a breakthrough compromise deal on the mining tax that not only keeps the broad structure of the tax in place but saves most of its benefits, especially the SG uplift. Driving the negotiations were Deputy ...

SSgA wins S&P licence for ETFs

COMPANY RELEASE  |  FRIDAY, 11 JUN 2010
State Street Global has acquired an exclusive license from Standard & Poor's to list and trade SPDR Exchange Traded Funds (ETFs) based on the S&P/ASX 200. The S&P/ASX 200 is the primary gauge for the Australian equity market. It tracks the prices of ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 JUN 2010
The Australian share market has received positive leads from offshore trading overnight, with Wall Street indices generally higher, along with precious metals, oil and copper. At 0738 AEST on the Sydney futures exchange, the June share price index contract ...

North gets S&P very strong rating

COMPANY RELEASE  |  FRIDAY, 21 MAY 2010
S&P Fund Services has assigned its 'very strong' rating to the North Protected Retirement guarantee. According to a S&P's statement, the rating indicated the product was well designed for the needs of the retiree market while including downside protection ...

AMP rationalises super and pension prods

COMPANY RELEASE  |  THURSDAY, 20 MAY 2010
AMP Financial Services is cutting the number of superannuation products it provides from six to two - closing four superannuation and pension products with more than $34 billion in assets under management to new money from July. This means AMP SignatureSuper ...

New mortgage platform to offer top commissions

ALEX DUNNIN  |  THURSDAY, 20 MAY 2010
The heat may be on financial advisers to remove incentive payments and prove they are acting in the best interests of their clients, but for mortgage brokers untouched by these reforms it's business as usual. Licensed Finance Brokers of Australia (LFBA) ...

MIT tax regime modernised and simplified

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
... sense approach to the way managed funds are taxed - a big plus for investors that have long been disadvantaged by archaic MIT tax rules. It's a good day at the offices of Russell Investments as Raewyn Williams, the firm's director of after-tax investment ...

Tech aids capital markets

PRESS RELEASE  |  MONDAY, 3 MAY 2010
Technology enhancements and changing attitudes to corporate responsibility could mean capital markets trading will become far more transparent, according to one software provider. Progress Software, which provides infrastructure to develop and deploy ...