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Showing 10251 - 10260 of 20558 results for "BEN"

UniSuper buys big into Westfield despite restructure war

JAMES FERNYHOUGH  |  FRIDAY, 25 JUL 2014
UniSuper has become one of the major holders of Westfield's new listed company Scentre, despite its high profile opposition to the restructure last month. The $40 billion fund's chief investment officer John Pearce, who very publicly opposed the restructure ...

Wall Street snubs the IMF

BENJAMIN ONG  |  FRIDAY, 25 JUL 2014
"The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets. With somewhat ...

Market Wrap AM

AAP  |  FRIDAY, 25 JUL 2014
The Australian market looks set to open flat after little change on Wall Street where the S&P 500 inched toward another record high. At 0807 AEST on Friday, the September share price index futures contract was up eight points at 5,540. Locally, no major ...

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
An agreement has been reached in the legal battle between Bendigo and Adelaide Bank and lenders who invested in Great Southern, with the borrowers admitting that their loans are valid. Around 8200 investors borrowed more than $550 million from the bank ...

Bennelong expands Long Short Equity team

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
Bennelong Long Short Equity Management (BLSEM) has appointed a senior investment analyst, starting in early August. Steven Lambeth joins from JCP Investment Partners, where he was senior investment analyst and responsible for company research and valuation ...

S&P, ABN Amro appeals rejected in landmark ruling

MARK SMITH  |  THURSDAY, 24 JUL 2014
Standard & Poor's, ABN AMRO (now RBS) and Local Government Financial Services (LGFS) will not be allowed to appeal a Federal Court ruling in favour of 12 local councils who suffered losses on investments they administered in the wake of the financial ...

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
The times, they are a-changin'. We've come a long, long way Virginia. Yes, us, Australians all... for the times, they have a-changed. Not so long ago, many were concern over Australian bank's vulnerability to rising interest rates because of their reliance ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Unlisted property fund managers who fail to adequately disclose risks are placing investors in a vulnerable position according to the Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's ...

ASX200 companies 'poor' on gender diversity disclosure

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
Most ASX200 companies do not meet gender diversity reporting recommendations, a BlackRock review has found. BlackRock looked at the 2013 annual reports of companies included in the ASX200 stockmarket index and found that gender diversity reporting is ...

Employee rehabilitation key to reduce claims costs: AIA

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
Rehabilitation for employees and early intervention could be the key drivers in reducing the claims costs experienced by superannuation funds, employers and employees in what remains a challenging life insurance market, according to insurer AIA Australia. ...