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Showing 13041 - 13050 of 14230 results for "Interest"

Macquarie Wrap tops $16 billion

... billion in the past two months. Guilio Russo, head of wrap sales and training, credits the platform's success to low interest rates, abolition of the high income earner's contribution tax surcharge and strong support from its users. "Our main objective ...

Fund managers doubt local equities: Russell

... heavily on investor's minds," he said. Investors cast Australian bonds as the most desultory asset class again, with interest rates and the inflationary impact of oil prices affecting confidence with 70 per cent of respondents bearish on yield prospe ...

Weekly economic roundup

... Exporting Countries (OPEC). Last week, the US Federal Reserve's Federal Open Market Committee (FOMC) also voted to raise interest rates by 25 basis points to 3.75 per cent. In a statement following its decision, the FOMC noted that while Hurricane Katrina ...

AFS buy back Zurich's interest

Australian Financial Services Limited (AFS) will buy back Zurich Australia's 39.7 per cent shareholding of the dealer group as AFS attempt to build a wholly dealer owned, dealer operated company. Chief Executive Officer of AFS Peter Daly and Zurich ...

Babcock & Brown buy up ESH

Global investment and advisory firm, Babcock & Brown has increased its holding in European utilities company, East Surrey Holdings (ESH), to 10.5 per cent up from its previous 2 per cent level. The acquisition, made through a Babcock and Brown subsidiary ...

Advisers still misunderstood: FPA

The Financial Planning Association (FPA) have released results from a number of surveys which it says reflect positively on financial planners and which they hope will dispel a number of misconceptions about their roles and value. Kerrie Kelly, chief ...

Macquarie strengthens foothold in Asia REITs sector

... estate investment trust (REIT). Macquarie has announced that it has exercised an option to acquire a 50 per cent indirect interest in the manager of Singapore-based Prime Real Estate Investment Trust (Prime REIT) and Pacific Star Property Management ...

Fincorp returns $21m to investors

Financial services watchdog ASIC has required finance company Fincorp to return up to $21 million plus interest to more than 1,000 investors of its 2004 prospectus, due to misleading and omitted information in the document. The Supreme Court of NSW ...

Mercer NZ to take over GRT

... GRT member schemes' decision to engage Mercer for the investment management of their funds has been made in the best interest of members and is [a] very positive outcome", said Gibson. Mercer has also been appointed to manage the secretarial services ...

Market Wrap

AAP  |  THURSDAY, 22 SEP 2005
... the FTSE 100 index closed lower for a second straight session, tracking weakness in global markets on fears of more US interest rate rises, although gains in BP helped to cap losses.