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Showing 1491 - 1500 of 2150 results for "AUD"

BTIM announces replacement for retiring chairman

MARK SMITH  |  WEDNESDAY, 9 OCT 2013
James Evans will replace BT Investment Management Limited (BTIM) Brian Scullin as chairman when he retires on 6 December after six years in the role. Evans joined the BTIM Board as a non-executive director in 2010 and is the current chairman of the ...

Centrepoint optimistic after completing AAP acquisition

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
After a tough year for independent dealer group Professional Investment Services (PIS), parent company Centrepoint is confident that the full acquisition of Associated Advisory Practices (AAP) will improve the group's performance. AAP and Associated ...

ATO unsure if dividend washing illegal

ALEX DUNNIN  |  FRIDAY, 4 OCT 2013
The Australian Taxation Office (ATO) is warning people to be cautious when using share trading transactions known as dividend washing but is unsure if they are illegal. Dividend washing occurs when a taxpayer sells shares in a company on the ordinary ...

Sonray director to face 10 years imprisonment over unfunded deposits

ALICE URIBE  |  THURSDAY, 3 OCT 2013
The sole director of Sonray Capital Markets (Sonray) Russell Andrew Johnson could face up to 10 years jail time over criminal charges relating to false accounting, theft and deception. Johnson pleaded guilty to the seven criminal charges brought by ...

Super funds post 15.3 pct return for August

STAFF WRITER  |  THURSDAY, 3 OCT 2013
... the previous rolling 12 month period. "And that was regardless of currency not being much of a factor through August as the AUD decreased only 1% albeit it actually rose 2% in the first two weeks before dropping 3% by month's end," said the reseracher. ...

Most EM currencies bounce back

ALEX DUNNIN  |  THURSDAY, 26 SEP 2013
... triggered the India Rupee to fall 13%, the Indonesian Rupiah to fall 8% and the Thai Baht to fall 3%. Even the safe haven AUD fell 4%. Bernake's announcement that the US Fed had changed its mind then saw these currencies sling shot back. The AUD has ...

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
Resurgent equity markets during 2012-13 and the fall in the AUD helped drive platform funds under advice up 17% during the year to reach $445 billion, its highest ever level. Research just released by Rainmaker confirmed the 17% increase to be ahead ...

Funds market climbs 12.7% to $1.6tr

STAFF WRITERS  |  WEDNESDAY, 18 SEP 2013
... growth, reported Rainmaker, was overseas sourced FUM business which climbed 26% to $200 billion. Rainmaker said the falling AUD has also boosted the coffers of investment managers operating in Australia as on top of the strong returns from international ...

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
While ANZ, Commonwealth Bank and Westpac have recently agreed to improve employees' working conditions, National Australia Bank's (NAB's) answer to the Financial Services Union (FSU) demands was "mean and disappointing." The FSU said that NAB offered ...

Super returns climb to 16.8 pct

STAFF WRITER  |  TUESDAY, 10 SEP 2013
... delivered 23% over the 12 months and international shares earning a whopping 45%, obviously reinforced by the 12% fall in the AUD in the three months to end July. In contrast, domestic and international bonds returned only 3% and 4% respectively. Direct ...