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Showing 1341 - 1350 of 2721 results for "PIC"

New Perpetual LIC gets Zenith rating

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Perpetual's new listed investment, Perpetual Equity Investment Company Limited (PIC), has received a 'recommended' rating from Zenith. The company, whose general offer opened today, is seeking to raise a minimum of $150 million and maximum of $600 million. ...

Custodians make managers more accountable: BNP Paribas

JAMES FERNYHOUGH  |  FRIDAY, 17 OCT 2014
Super funds wondering whether to sack an underperforming fund manager are increasingly taking advantage of the deep look-through and risk analysis capabilities provided by their custodians. According to Madhu Gayer, BNP Paribas Securities Services head ...

AFA awards Joe Nowak for "a lifetime of contribution"

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
The Association of Financial Advisers (AFA) has awarded the Michael Murphy Award to Joe Nowak for "a lifetime of contribution" to the association and to the advice industry. AFA chief executive Brad Fox said that "Joe's commitment to his clients, his ...

Market wrap

AAP  |  THURSDAY, 9 OCT 2014
The Australian share market has opened higher following overnight gains on Wall St where the US Federal Reserve hinted it would not raise interest rates. Steady interest rates have a negative effect on the US dollar and bond yields, and increase the ...

Perpetual reveals details of first LIC

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
... the details of its first listed investment company, Perpetual Equity Investment Company Limited. Trading under the ASX code PIC, the company is designed to deliver regular income and long-term capital growth through investment in both Australian listed ...

LMCI: a new indicator is born

BENJAMIN ONG  |  TUESDAY, 7 OCT 2014
Mother's made an outing last Friday night in America - and she came bearing good tidings. Mother, of course, is the US non-farm payrolls report - considered "the mother of all economic statistics". US employment increased by 248K last month following ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
Looks like Halloween has come early to Wall Street. Equity indices fell -- big time -- on 'The Street' right at the stroke of October. The Dow's down 1.4% (with Transport down 2.5%); the S&P 500 fell 1.3%; the Nasdaq's off 1.6% and the Russell 2000's ...

Market Wrap AM

AAP  |  THURSDAY, 2 OCT 2014
The Australian market looks set to again open lower after Wall Street lost more than one per cent following mixed US economic data. At 0815 AEST on Thursday, the December share price index futures contract was down 35 points at 5,287. Locally, in economic ...

Market Wrap AM

AAP  |  WEDNESDAY, 24 SEP 2014
The Australian market looks set to open lower after Wall Street endured its third straight day of losses. At 0807 AEST on Wednesday, the December share price index futures contract was down 33 points at 5,373. Locally, in economic news on Wednesday ...

Market wrap

AAP  |  TUESDAY, 23 SEP 2014
The Australian share market has picked up as investors rebound from the sell-off on Monday and a poor start on Tuesday. Lonsec senior client adviser Michael Heffernan said trading at noon on Tuesday looked healthier than it did at the start of the session. ...