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IXIS upgrades business development role

... basis in February 2005, has been promoted to full-time. IXIS' managing director, Karyn West, welcomed the appointment upgrade, while the group's statement said it is a "direct reflection" of the growth of Australian funds. "We are pleased to welcome ...

Market wrap

AAP | TUESDAY, 7 FEB 2006

... while Virgin Blue fronts shareholders in Brisbane. NEW YORK - US blue-chip stocks eked out a slim gain as a brokerage upgrade helped lift shares of Alcoa, while the Nasdaq fell under the weight of a drop in shares of Apple. The Dow Jones industrial average ...

BT Aussie small caps upgraded to four stars

... continue delivering strong performance. This is on top of what S&P sees as continuing positive trends at BT as a whole. "The upgrade reflects the experience and quality of the investment team, combined with S&P's increased confidence in BT's ability ...

S&P react to TOWER PrefSure deal

... debt, which will see TOWER's gearing level increase to 36 per cent net debt plus equity. PrefSure has received a rating upgrade being placed on CreditWatch positive, since yesterday, in recognition of their stronger financial backing. S&P analyst, Kate ...

ING appoints sales manager for employer superannuation drive

ING has appointed Robert Bergin to the role of national sales manager, employer superannuation, as part of its drive to grow the employer superannuation business. Bergin will manage a team of BDMs who will work closely with advisers, helping them to ...

Challenger welcomes back S&P four stars

... "There were lots of moving pieces, and we wanted to wait and see how it all fitted in together." Eyck also said that the upgrade followed Greentree's concentration on portfolio management after his appointment initially saw him focusing on client management. ...

Market Wrap

AAP | WEDNESDAY, 7 DEC 2005

The Australian share market is expected to open broadly unchanged as the US market retreated in late trading, weighing on local sentiment. On the Sydney Futures Exchange, the December share price index contract was one point firmer at 4623. On the day ...

Take CARE with your corporate super

Leading public offer industry fund CARE Super has continued its services expansion by launching an enhanced corporate version for employers wanting a more tailored and flexible super solution. Julie Lander, CARE Super chief executive officer, said ...

Daily Economic Update

A draft of the Organization for Economic Cooperation and Development's (OECD) semi-annual economic outlook - to be published at the end of this month - revealed upgrades to its earlier economic growth forecasts. The draft showed 2005 and 2006 growth ...

Zurich appoints product manager

... the risk insurance firm. Recent initiatives include the launch of a national telephone-based underwriting service, the upgrade of more than 50,000 life risk insurance policies and the launch of a Business Insurance Toolkit.

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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