Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1501 - 1510 of 1791 results for "strength."

S&P react to TOWER PrefSure deal

S&P ratings services (S&P) have reacted to yesterday's announcement that TOWER group (TOWER) has bought PrefSure Life Ltd (PrefSure) to shore up and grow their master trust and life insurance business. S&P have left TOWER's ratings unchanged for now ...

Canadian pensions get leg up from energy: RBC Dexia

Canadian pension plans have posted an 11.7 per cent gain in the year ending December 2005 propped by the nation's energy sector, based on the latest survey by RBC Dexia Investor Services. The London-based pension administration and global custody firm ...

PrefSure deal sees Tower focus on master trusts

TOWER have bought out PrefSure Holdings and Life Limited (PrefSure) from South African group, Liberty, for $145 million as they push their strategic growth towards life insurance for master trusts. TOWER managing director, Jim Minto, said that the key ...

Daily economic update

The Westpac/Melbourne Institute leading index of economic activity rose by 1.3 points (0.6 per cent) to 234.2 in November from 232.90 in the previous month, suggesting continued decent growth in the Australian economy in the next three to nine months. ...

Perpetual appoints former ANZ MD to board

Perpetual Limited (Perpetual) has appointed a former ANZ Group (ANZ) managing director to their board to replace three directors who announced their retirement at the company's AGM in October last year. Elizabeth Proust, former managing director of ...

Great Southern a big winner in super rankings

Great Southern Super is the big winner in Rainmaker Information's SelectingSuper performance tables, released late last week. With a three-year average return of 15.1 per cent per annum, the Great Southern Super Growth Strategy fund debuted at number ...

Ironbridge creates largest independent underwriter

Independent Australian private equity manager Ironbridge Capital announced that Dexta Corporation, one of its investee companies, has entered into a conditional agreement to acquire four of Aon's Australian underwriting agency businesses. The four Aon ...

Global hedge funds up 7 per cent for the year: Greenwich-Van

The Greenwich-Van Global Hedge Fund Index gained 7 per cent over the year to end October, according to hedge fund index provider Greenwich-Van Advisors (Greenwich-Van). "Many hedge fund strategies, with the exception of short sellers and convertible ...

Market wrap

The Australian share market is expected to open fractionally firmer, although weak base and precious metals are likely to weigh on the overall bourse. The local financial sector has been strong recently and if this strength continues, the Australian ...

Perpetual wins for being green

Perpetual's Ethical SRI Fund claimed the prestigious gong for the Socially Responsible Investments (SRI) fund of the year award beating two other finalists, BT Ethical Share Fund and SAM Sustainability Leaders Australia Trust. Michael Walsh, editor ...