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Showing 10661 - 10670 of 19601 results for "RIS"

Market Wrap AM

AAP  |  THURSDAY, 31 JUL 2014
The Australian market looks set to open flat following a mixed performance on Wall Street after the Federal Reserve kept interest rates near zero and surprisingly strong second-quarter US economic growth data. At 0807 AEST on Thursday, the September ...

Lonsec makes portfolio manager changes after review

STAFF WRITER  |  WEDNESDAY, 30 JUL 2014
Following a strategic asset allocation (SAA) and model portfolio review, Lonsec 's Core Model Portfolios will now have a more balanced allocation between global and Australian equities and an increased allocation to alternative assets. The investment ...

MetLife refocuses on middle classes with direct distribution

ALEX DUNNIN  |  WEDNESDAY, 30 JUL 2014
Based on the way global insurers are increasingly looking to the direct market to boost sales in developed economies, the way insurance is distributed in Australia looks set for a shake-up. In the past week it was widely reported across the Americas ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...

Companies must understand their investors better, report says

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
ASX-listed companies must work harder to understand what motivates the voting decisions of their major investors, a new report from the Governance Institute of Australia has argued. This call, part of a list of best practice principles and guidelines ...

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
National Australia Bank (NAB) has agreed to sell A£625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors. NAB said the sale was intended to de-risk its UK Commercial Real Estate (CRE) portfolio, reducing the ...

ME Bank makes key appointment from GE Capital

STAFF WRITER  |  TUESDAY, 29 JUL 2014
ME Bank has appointed a former GE Capital risk expert to the position of chief risk officer. Carlo Cataldo spent 13 years with GE Capital, six as the consumer chief risk officer, and will now be tasked with capitalising on the comprehensive credit reporting ...

Lonsec returns PM CAPITAL fund to 'Recommended'

STAFF WRITER  |  TUESDAY, 29 JUL 2014
Australian fund manager PM CAPITAL's Absolute Performance Fund has received a ratings upgrade to 'Recommended' from investment research house Lonsec. The upgrade follows a ' Recommended' rating from Zenith in late 2013. Lonsec said its ratings upgrade ...

Dip-buying pays

BENJAMIN ONG  |  TUESDAY, 29 JUL 2014
So what's new in world of Wall Street today? In a word... nothing. Not a thing, Virginia. Equities, Treasuries, gold and copper closed basically unchanged overnight. Sure, sure there's still plenty of things to worry about on Wall Street. The latest ...