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Showing 11611 - 11620 of 21784 results for "Dec"

Centrepoint's wealth business up 10pc

DARREN SNYDER  |  MONDAY, 24 AUG 2015
Centrepoint Alliance's wealth business recorded an underlying pre-tax profit of $7.1 million for the last financial year, up 10% on the year prior. Announcing its full-year results to the Australian Securities Exchange (ASX) on Friday, Centrepoint also ...

Hedge funds face brain drain

LAURA MILLAN, MARK SMITH  |  MONDAY, 24 AUG 2015
Hedge funds should be thriving in the unusual low return environment. But instead of turning to the rock stars of funds management, investors are choosing safer and cheaper options. As managers warn about an Australian brain drain, experts talk about ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market, chances are it is now in correction territory - Dow, Stoxx 600, FTSE-100, All Ords, Strait Times, Jakarta Composite, Taiex, KLCI, PSEi - or in a bear market -- Hang Seng ...

Kinetic Super chief executive steps down

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
Kinetic Super's chief executive stepped down from her role effective immediately and an interim chief executive will be announced shortly. Megan Bolton's departure was mutually agreed between herself and the board, the super fund said in a brief statement ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Senior Perpetual Investments manager to retire

MARK SMITH  |  FRIDAY, 21 AUG 2015
A senior Perpetual executive will retire at the end of the year, the investment manager has announced. Michael Gordon, group executive for Perpetual Investments, is stepping down after three years with the company and around 30 years in financial services. ...

Put your tax return in to super

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
An industry superannuation fund suggests young Australians might want to rethink how they best spend tax returns by considering an additional contribution to their super. Club Plus Super said if a 30-year-old put away half of the average tax refund ...

Should the Fed re-launch QE?

BENJAMIN ONG  |  FRIDAY, 21 AUG 2015
Ask not when the Fed would start raising interest rates but whether the Fed should re-launch QE. Let's take a trip back to 29 July, Virginia - the day the Fed released its policy statement at the conclusion of its 28-29 July FOMC meeting - it was sliced ...

Super gender gap large, but closing

MARK SMITH  |  THURSDAY, 20 AUG 2015
The gap in the average super balances of men and women has closed considerably in the last decade but is still a major problem, the latest research from Roy Morgan shows. In the 12 months to June 2015, women with superannuation had an average balance ...

AMP half-year profit up 33%

ALEX BURKE  |  THURSDAY, 20 AUG 2015
AMP has released its half-year results for 2015, revealing a net profit of $507 million, up 33% on the previous corresponding period. Wealth management - including advice, platform administration, unit linked superannuation, retirement income and investment ...