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Showing 10031 - 10040 of 14214 results for "Interest"

NAB buys 35pc stake in AREA

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
The National Australia Bank has bought a 35 per cent interest in a global real estate fund manager, increasing its exposure to property in North America, Europe and Asia. The purchase of New York-based fund AREA Property Partners gives the bank's asset ...

Oil central bank

BENJAMIN ONG  |  THURSDAY, 10 MAR 2011
... one way or the other. And those that had significance provided no kinder surprise. The Reserve Bank of New Zealand cut interest rates by 50 bps back to its GFC level of 2.50 per cent. This is no longer big news nor RBNZ Governor Alan Bollard's explanation. ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 MAR 2011
... on the market, which had risen strongly on Tuesday. There were no major US economic releases on the calendar to lure interest away from the intensifying unrest in the oil-producing Arab world. The Dow Jones Industrial Average dropped 1.29 points (0.01 ...

Retail bank deposits hit $62bn in Dec qtr

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2011
Driven by high at-call interest rates and the post-GFC austerity wave, consumers are flocking to retail deposit accounts with $62 billion deposited in the December quarter alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more ...

Perennial tactical move pays off

ELISE BURGESS  |  TUESDAY, 8 MAR 2011
... Tactical Income Trust has raised almost $100 million, appealing to financial advisers drawn to the fund's approach to fixed interest. Since the fund's inception in June 2009, it has returned about 11 per cent, more than double its benchmark's return ...

AUSCOAL adds Copper Rock and Putnam

ELISE BURGESS  |  TUESDAY, 8 MAR 2011
... equity sector's risks.' AUSCOAL also appointed large global bonds manager, The Putnam Advisory Company, a global fixed interest manager following an extensive due diligence process. "The depth of Putnam's team and their expertise in securitised loans ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAR 2011
... points, to 23,313.19. Shanghai's Composite Index surged 1.77 per cent, however, as fears eased of an imminent Chinese interest rate rise. Adding to pressure in Tokyo, Japan's government was in crisis after foreign minister Seiji Maehara quit over a funding ...

New Berkshire fund buys Buffet

ALISON BEVEGE  |  MONDAY, 7 MAR 2011
... They are able to borrow 100 per cent of investment funds from JB Global at 5.25 per cent fixed for three years, with interest to be pre-paid. The minimum loan size is $50,000. The fund pays quarterly redemptions with contingent coupons of up to 7.2 per ...

IAS pools $650m in managed accounts

ELISE BURGESS  |  MONDAY, 7 MAR 2011
... Heather, head of distribution, IAS. "We have a lot of boutique financial planning firms but increasingly we are also getting interest from larger dealers looking to differentiate their better practices," said Heather. Heather said that it is no longer ...

Market Wrap - Midday

AAP  |  MONDAY, 7 MAR 2011
... said the jobs data, which was published by ANZ, supported the view that the Reserve Bank of Australia (RBA) would resume interest rate rises later in the year. "It is still showing fairly strong growth, which is to be expected, so I think the pressure ...