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Showing 10041 - 10050 of 14214 results for "Interest"

Australian Unity issues $80m debt

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
... March 11, with the organisation saying funds raised would be used for business growth, repaying debt and working capital. Interest would be paid quarterly with the issue price repaid at maturity. The interest rate is to be a variable rate based on the ...

Riots turn fund managers to risk review

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
Emerging markets are now a portfolio staple but riots in North Africa and other high-risk regions have forced fund managers to reassess their portfolios in the region, particularly their investments in mining stocks. Department of Foreign Affairs and ...

Market Wrap - Midday

AAP  |  FRIDAY, 4 MAR 2011
... than 30 million ounces of gold. The gold price fell on Thursday on indications that the European Central Bank may raise interest rates to fight inflation. At 1213 AEDT the spot price of gold in Sydney was $US1417.10 per fine ounce, down $US11.40 on Thursday's ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

Market Wrap - Midday

AAP  |  THURSDAY, 3 MAR 2011
... the Australian dollar traded in a wide range between 100.68 US cents and 101.49 US cents, according to Iress data. RBC interest rate strategist Michael Turner said the unit came off slightly after the release of foreign trade and building approvals data. ...

ASFA gains new strategy director

ALISON BEVEGE  |  THURSDAY, 3 MAR 2011
The Association of Superannuation Funds of Australia has appointed Gordon Noble as director of government relations and strategy, a position he has begun today. Noble, most recently deputy chief executive for the Committee for Melbourne, will be responsible ...

MLC program attracts new planners

ELISE BURGESS  |  THURSDAY, 3 MAR 2011
... financial planners. Greenaway said the current reforms and the planned introduction of a fiduciary duty has sparked a lot of interest in the financial planning industry, with the MLC program to be run in Sydney and Melbourne. The NAB network currently ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 MAR 2011
... record high of 0.9202 francs to the dollar. Eurozone bond rates continued to rise Wednesday amid expectations of future interest rate hikes and inflation fears. At 1700 GMT, German yields reached 3.195 per cent from 3.177 per cent at Tuesday's close ...

Swan approves AMP/AXA merger

ELISE BURGESS  |  WEDNESDAY, 2 MAR 2011
... of AXA Asia Pacific Holdings by AMP. Swan said he was satisfied the AMP acquisition of AXA APH was is in the national interest. The approval is, however, subject to a number of conditions around employment, which AMP has agreed to under the subsection ...

Macquarie Funds remove performance fee

MICHELLE BALTAZAR  |  TUESDAY, 1 MAR 2011
... was generally of the view that an appropriately structured performance fee can be an effective method for aligning the interest of the Manager with those of investors. "The global listed infrastructure sector presents some unique challenges for managers ...