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Showing 1181 - 1190 of 3426 results for "SMI"

Opposition welcomes SME package, slams Google tax

MARK SMITH  |  TUESDAY, 12 MAY 2015
Shadow Treasurer Chris Bowen has given his backing to small business tax cuts made in the budget but has branded the so-called crack-down on multi-nationals "a cop out". "We welcome the small business package," he told the ABC's Leigh Sales. "We support ...

CCMC chief executive appointed as lead ombudsman

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
The chief executive of the Code Compliance Monitoring Committee (CCMC) for the Code of Banking Practice, June Smith, will be leaving to expand her role at the Financial Ombudsman Service from July. Smith, who is also currently the general manager of ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
Macquarie Group has seen its net profit after tax rise 27% to $1.604 billion for the full year to 31 March and assets under management jump 14%, beating forecasts. Profit for the second half of the year was $926 million, up 37% on the first half. The ...

Don't overlook culture and discipline: MFS

MARK SMITH  |  THURSDAY, 7 MAY 2015
A strong corporate culture and the discipline to soft-close funds before they are hurt by their size are too often overlooked by fund managers, according to MFS Investment management global equity chief investment officer Kevin Beatty. The Boston-based ...

Bond bears out of hibernation

BENJAMIN ONG  |  THURSDAY, 7 MAY 2015
If even a dog can have his day, why not bears? Can't blame 'em Virginia, it's May after all - that month of the year when you, I and Irene are supposed to "sell and go away". But, but... but it may be more than the seasonality this May that's' taking ...

Market Wrap AM

AAP  |  THURSDAY, 7 MAY 2015
The Australian market looks set to open lower after US stocks lost ground overnight. At 0651 AEST on Thursday, the June share price index futures contract was down 24 points at 5,631. Wall Street fell for a second straight session following disappointing ...

Financial services SMEs top confidence survey

MARK SMITH  |  WEDNESDAY, 6 MAY 2015
The financial services sector has ranked number one for optimism in the latest survey of SMEs conducted by Bibby Financial Services. Conducted in March, the Bibby Barometer survey quizzed 620 smaller companies (defined as having fewer than 200 employees) ...

Goldman Sachs bond fund recommended by Lonsec

MARK SMITH  |  WEDNESDAY, 6 MAY 2015
The Goldman Sachs Global Strategic Bond Fund has been awarded a 'Recommended' rating by Lonsec Research in its first review. The unconstrained bond fund has the flexibility to take a more dynamic approach than traditional fixed income funds by allowing ...

Fulcrum launches multi-asset inflation plus fund

MARK SMITH  |  TUESDAY, 5 MAY 2015
London-based Fulcrum Asset Management has launched a global multi-asset fund for local investors. The Fulcrum Diversified Absolute Return Fund is based on the existing Fulcrum Diversified Absolute Return strategy, which was launched in the UK in 2008. ...

Insurance drives ANZ wealth performance

AAP  |  TUESDAY, 5 MAY 2015
ANZ Global Wealth profit increased 11% for the six months to May 2015, with its insurance business leading the way. ANZ's insurance business benefited from growth in in-force premiums, stable claims and improved lapse experience, the company reported. ...