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Showing 1221 - 1230 of 2383 results for "Citi"

BTIM reveals strong results

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
BT Investment Management (BTIM) has released its 1HY16 results, revealing a 33% increase to cash net profit after tax (NPAT) to $88.6 million driven by a combination of higher performance fees, the expansion of operating and fee margins, higher average ...

Advisers not impressed with budget changes

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
More than 50% of advisers believe that the federal budget will have a negative impact on their clients but agree that it will drive an increase in the need for advice, according to a survey from Midwinter. The survey garnered responses from 103 Australian ...

Government allocates $920m pa for Smart Cities infrastructure

ALEX BURKE  |  TUESDAY, 3 MAY 2016
As part of its $50 billion infrastructure investment package from 2013-14 to 2019-20, the Government has announced it will allocate $920 million every year to its Smart Cities program. Key components of the program include Roads to Recovery (maintenance ...

Frontier appoints capital markets analyst

ALEX BURKE  |  FRIDAY, 22 APR 2016
Frontier Advisors has appointed an analyst to its capital markets team. Cadence Ho joins Frontier in May having completed her Master of Economics at the University of Queensland. Prior to that, she was a product specialist at UOB Kay Hian Holdings in ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings. Hedge funds represent about 2.8% of NYCER's total US$51.2 billion ($65.9 billion). Hedge funds have faced ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
Australia sales of new motor vehicles Sales of new motor vehicles jumped by 2.2% in the month of March - the highest increase in six months -- following an unchanged reading in the previous month, indicating that Australian consumer is lifting discretionary ...

Zurich insurance appoints CFO, updates app

KERRIE SYDEE  |  FRIDAY, 15 APR 2016
Zurich Australian Insurance has appointed Stuart Farquharson as chief financial officer and will commence the role on July 11 based in Sydney. Farquharson joins from AIG where he held the role of CFO for Australia for more than six years. He also held ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 8 APR 2016
Australia capital city rents CoreLogic RP Data' March Rental Review shows that rental rates across the country's combined capital cities fell by 0.2% over the past 12 months. Four cities registered year-on-year increases in rents: Melbourne (up 2.0%) ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 APR 2016
AiG Performance of Construction index Construction activity in Australia continues to slow. The AiG Performance of Construction Index fell to a 13th month low of 45.2 points in March from 46.1 in February. The latest result also marked the fourth straight ...

Housing market set to flat line not crash: QIC

KERRIE SYDEE  |  MONDAY, 4 APR 2016
The Australian housing market is heading towards a price plateau, not a sharp crash according to Queensland Investment Corporation (QIC). This view helps to dampen new research from Finder which found that 89.3% of Australian housing debt was at an ...