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Showing 9611 - 9620 of 10713 results for "May 1997"

Change at the top for Tribeca

HAMISH MADDEN  |  FRIDAY, 27 OCT 2006
Tribeca Learning has announced the appointment of a new managing director and chief executive officer as current head, Adam Davis, waves goodbye to the organisation. Warren Jacobson, a Tribeca board member since May 2001, has been appointed to head ...

Ord Minnett Enhanced Income Fund gets IWL thumbs up

HAMISH MADDEN  |  FRIDAY, 27 OCT 2006
The newly launched Ord Minnett Enhanced Income Fund has been rated a buy from IWL Research, with IWL pointing out several factors that differentiate the product in the market. IWL said the fund was unique for several reasons. The fund "offers a fund ...

Market wrap - morning

AAP  |  FRIDAY, 27 OCT 2006
The Australian sharemarket is expected to open higher after the Dow Jones hit another record closing high on Wall Street. On the Sydney Futures Exchange at 0721 AEST, the December share price index contract was up 13 points at 5,392. Today, Sims Group ...

Ban default super funds: FPA

ALEX DUNNIN  |  WEDNESDAY, 25 OCT 2006
The Financial Planning Association (FPA) has called for default super fund selections to be banned because they block consumers from developing customised retirement strategies. Speaking at the first day of public hearings in Sydney for the Parliamentary ...

Market wrap - morning

AAP  |  TUESDAY, 24 OCT 2006
The Australian sharemarket is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0721 AEST, the December share price index contract was up 20 points at 5,364. Today, BHP Billiton will release its first quarter ...

QSuper ploughs $2b into derivatives and swaps

Super fund QSuper has taken the extraordinary step of investing around $2 billion in derivative and swap contracts that mimic the performance of inflation-linked bonds as an alternative to buying the real thing. As the name suggests, inflation-linked ...

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up. ASIC obtained orders in the Tasmanian District Registry of the Federal Court of Australia to wind up the ...

Property promoter gets life ban and $1.1m penalty

Donald Maxwell, a promoter of illegal mezzanine fund schemes, has been ordered to pay $1.122 million in compensation and penalties and has been disqualified from providing financial services for life. Maxwell was the principal promoter for two failed ...

Contrarian managers make a comeback

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
Active managers are falling behind their contrarian counterparts after Australian share managers turned in their worst quarterly performance since 1990, according to Intech Investment Consulting. Intech senior investment analyst, Fraser Murray, said ...

ASIC clearing guidlines will segment the service chain

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
Superannuation clearing house providers will now have to provide employers with product disclosure statements (PDS) after a recent Australian Securities and Investments Commission (ASIC) review found that they fall under the financial services licensing ...