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Showing 1491 - 1500 of 2261 results for "Generate"

EQT adds Dundas Global Equity to mFund

MARK SMITH  |  TUESDAY, 26 AUG 2014
... of US$1 billion. The objective is to invest in stocks with high real book value growth and growing dividend income to generate greater compound returns with lower volatility. The fund aims to deliver rolling five-year returns in excess of 2.5% of the ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
Challenger's $530 million capital raising program is likely to tighten the company's already firm grip on the lucrative annuities market. The figure will be raised from a combination of a $250 million institutional share placement and a $30 million ...

Folkestone posts strong result

MARK SMITH  |  FRIDAY, 22 AUG 2014
Property fund manager Folkestone has reported a 168% rise in its after tax profit for the full year to 30 June. Net profit after tax stood at $3.15 million, up from $1.18 million in the 2013 financial year. "The strong result in FY14 reflects the continued ...

AMP half year profit falls 3%

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
AMP has reported a net profit of $382 million for the half year to June 30, 2014, down 3% from the same period last year. Underlying profit was $510 million, compared with A$440 million for 1H 13, up 16% half on half. AMP wealth management net cash ...

UBS Dynamic Alpha Strategy wins large insto mandate

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... breadth and strength of UBS Global Asset Management as an investment house is being recognised." The Fund's objective is to generate returns through active asset and currency allocation, and this strategy has delivered a 5.74% gross return per annum ...

BOQ CEO resigns for overseas role

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
BOQ chief executive Stuart Grimshaw will depart the bank at the end of August to pursue a non-banking opportunity outside Australia. Chief operating officer Jon Sutton will take over as acting chief executive from 1 September 2014. The Board is currently ...

Financial services export industry must rival iron ore

MARK SMITH  |  THURSDAY, 7 AUG 2014
Australia needs to significantly grow its financial services export industry over the next decade to ensure future employment and economic growth, chairman of the Financial Services Council Greg Cooper said in his opening address to delegates at the ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
... expected that the transaction will deliver 8.3% earnings per share in financial year 2016 and calculates that it could generate pre-tax synergies of approximately $20 million per annum. The proposed acquisition has a total value of $670 million on a ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
... baby boomer generation retires, the resultant shrinking labour force will put upward pressure on wages and therefore generate a higher level of consumption. "In the past the strategy for investors has been one of 'made in China' but with this inflection ...

Korean military fund puts $40m in Aussie infrastructure

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... "The investment reflects MMAA's plans to increase its overseas investments, particularly in quality infrastructure, to generate consistent returns in the medium to long term. MMAA hopes to get more Australian Infrastructure investment opportunities through ...