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Showing 1261 - 1270 of 1790 results for "strength."

GESB Mutual names board

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
WA-based GESB Mutual appointed its first board which includes a former executive vice president of Woodside Energy, Keith Spence and former BT Group chief economist and chief investment officer, Andre Morony. The remaining board includes Macquarie Bank ...

TOWER buys InsuranceLine

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
TOWER Australia ramps up its market share in the direct-to-market life insurance sector after it acquired InsuranceLine, one of the largest direct distributor of life insurance products in the country. TOWER Australia bought InsuranceLine for $136 million ...

Centric raises $100m in rights issue

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
Centric Wealth struck an agreement with CHAMP Private Equity to underwrite a $100 million rights issue to retire short-term debt and buy more businesses. The rights issue is underwritten by CHAMP II Fund and must be approved by shareholders. Michael ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
You call last week a sell-off, this is a sell-off. Wall Street is now more than US$1,000,000,000,000 (US$1 trillion) cheaper as investors dumped stocks following news of the US House of Representatives' rejection of the US$700 billion financial sector ...

HBOS Australia gives Lloyds thumbs up

RUTH LIEW  |  FRIDAY, 19 SEP 2008
HBOS Australia's parent company is being swallowed by UK bank Lloyds TBS, but its local arm is welcoming the move as a way to grow its client base. In a statement released by the company, HBOS Australia claims the acquisition would position the firms' ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

Rate cut? maybe not

BENJAMIN ONG  |  FRIDAY, 29 AUG 2008
There we have it, capital investment by Australian companies - past and planned -- remains solid. This underscores the domestic economy's resilience to the turmoil in the credit markets and the weakening global economy. However, instead of completely ...

Diversified funds on the wane?

MICHAEL HOBBS  |  MONDAY, 25 AUG 2008
Money is flowing out of diversified 'single manager' funds as multi-managers gain popularity, according to Lonsec. Lonsec's latest report on diversified funds found the sector's funds under management (FUM) continued to fall, with a 12.6 per cent drop ...

Astarra opens to retail investors

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Astarra Funds Management's balanced, conservative and growth multi manager funds are now available to retail investors for the first time in more than a decade. All three diversified funds have all been ranked in the top quartile over one, three, five ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 JUL 2008
The Australian stock market was mixed at noon as bargain hunters snapped up banking shares, hurt by a loss of confidence in key US mortgage finance firms Freddie Mac and Fannie May. But big miners weakened on lower commodity prices, with energy stocks ...