Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11361 - 11370 of 14221 results for "Interest"

AXA IM targets Aus instos

MICHAEL HOBBS  |  FRIDAY, 29 AUG 2008
... opportunities and fund of fund products. "We've built a very big private equity secondaries business, this will be of immense interest to Australian funds," he said. "We manage $25 billion in private equity assets under management [from its Paris based ...

Industry questions dual role of CEO

RUTH LIEW  |  FRIDAY, 29 AUG 2008
... on the fund's Trustee Board? Industry experts are divided on whether wearing both hats create potential conflicts of interest. The panelists at the Fund Executives Association Limited's (FEAL) national conference held this week debated the issue in light ...

NAB Group Super axes cash plus

RUTH LIEW  |  FRIDAY, 29 AUG 2008
... Group Super has morphed its cash plus option into a pure cash option - closing the strategy's previous exposure to fixed interest, Australian shares and property. The board Trustee's decision to change the corporate fund's cash plus option into a pure ...

Future Fund is $652m richer

MICHELLE BALTAZAR  |  FRIDAY, 29 AUG 2008
... in developing markets. Just over $5 billion has been invested in Australian equities and a lower $4.1 billion in fixed interest. A much lower amount of $768 million is in global property and a tiny $41 million in private equity. That means the next two ...

IOOF profits down

RUTH LIEW  |  THURSDAY, 28 AUG 2008
... today, IOOF reported a $25.9 million underlying net profit after tax, and an underlying earnings before deduction of interest, tax and amortisation expenses of $38.1 million. Meanwhile, the group's funds under management and administration closed at ...

Credit Suisse nabs AMF stake

RUTH LIEW  |  THURSDAY, 28 AUG 2008
... cent of AMF. The Canadian company provides capital to asset managers in exchange for a passive, non-voting, limited term interest in a manager's future revenues. Since its inception in 2003, AMF has completed 12 transactions with both traditional and ...

QIC's new asset class a hot commodity

MICHAEL HOBBS  |  WEDNESDAY, 27 AUG 2008
... markets such as fixed income and equities are starting to behave like each other. The QIC Red Paper found although fixed interest and equity market assets are historically recognised as portfolio diversifiers, the recent market downturn revealed their ...

A$ backpedals

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2008
... that marks a global recession. Mounting market conviction that the Reserve Bank of Australia (RBA) is poised to lower interest rates in a week's time, combined with the US Federal Reserve's steady to tightening bias, have not helped the Australian dollar's ...

Deutsche smashes Euro ETF market

MICHAEL HOBBS  |  TUESDAY, 26 AUG 2008
Deutsche Bank's European based exchange traded funds (ETF) platform raised more than $25 billion of assets in 18 months, making it the third largest ETF provider in Europe by assets under management. The bank's platform, db x-trackers, now has a 14 ...

Bad news galore

BENJAMIN ONG  |  TUESDAY, 26 AUG 2008
... out of Lehman Brothers, South Korea's Financial Services Commission issued a warning to the KDB against acquiring an interest in Lehman Brothers because, 'It appears burdensome for a state-run institution to play a leading role and take risks which may ...