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Showing 1661 - 1670 of 2961 results for "August 2010"

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
The "rule of three" states that, "things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things". (Wikipedia) The People's Bank of China (PBOC) must be a believer for yesterday it went for a devaluation ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... reports that Greece is nearing a deal on receiving a fresh a,-86B rescue package and hopes to get the first tranche by 20 August - the same day its next debt repayment to the ECB is due. China happy, Europe happy, Wall Street happy - the S&P 500 up 1.3% ...

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
Australia's financial services businesses have put rivalries aside and got ahead of politics in a country-wide campaign to support marriage equality. A total of 562 organisations, among which are Australia's top financial services businesses, have signed ...

Executive appointment round-up

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
LUCRF Super head of investments is leaving and J.P. Morgan Asset Management has appointed a chief executive of Asia Pacific, global investment management. These are among the list of the biggest industry moves this week. UniSuper appoints legal specialists ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ...

Magellan launches hedged global equities fund

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
Magellan Financial Group has listed a currency hedged version of its Global Equities Fund, which has grown to over $257 million in five months. The Magellan Global Equities Fund (Currency Hedged) is set to start trading on the Australian Securities ...

Indian economy accelerating/slowing

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2015
It wasn't only the Reserve Bank of Australia (RBA) that didn't surprise with its unchanged policy decision yesterday, that other reserve bank did too. The Reserve Bank of India (RBI) announced no change in policy settings following the conclusion of ...

LUCRF investment head departs

ALEX BURKE  |  TUESDAY, 4 AUG 2015
LUCRF Super head of investments Martin Drew will leave the fund on August 21. Drew made the decision in light of his wife's deteriorating neuropathic disorder. He said leaving LUCRF will enable him to provide her full-time care. "It's sad to see a talented ...

IOOF chair calls for ASIC funding

ALEX BURKE  |  MONDAY, 3 AUG 2015
IOOF chair Roger Sexton has called for Government to provide further funding to ASIC so the regulator can handle whistleblowers more efficiently. Speaking at the Senate Economics References Committee's Scrutiny of financial advice hearing in Sydney ...