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Showing 2031 - 2040 of 3268 results for "January 29"

Market Wrap AM

AAP  |  TUESDAY, 9 DEC 2014
The Australian market looks set to follow US and international bourses downwards to open lower after disappointing Japanese and Chinese data. At 0836 AEST on Tuesday, the December share price index futures contract was down 35 points at 5,355. Chinese ...

Investec property fund adds more real estate

STAFF WRITER  |  FRIDAY, 5 DEC 2014
Investec Australia Property Fund (IAPF) has acquired two new industrial properties in Newcastle and the western Sydney suburb of Wetherill Park, for a joint purchase price of $26.9 million. The two newly acquired properties are underpinned by long-term ...

Long-serving CBA exec announces retirement

MARK SMITH  |  MONDAY, 1 DEC 2014
The Commonwealth Bank of Australia's long-serving group executive, business and private banking, Grahame Peterson will retire early next year, the bank has announced. The company has promoted Adam Bennett from another role in the organisation to replace ...

Magellan expands chairman role, appoints CIO

JAMES FERNYHOUGH  |  MONDAY, 1 DEC 2014
Magellan Financial Group has shifted Brett Cairns from the role of non-executive chairman to that of executive chairman, effective 1 January 2015. Cairns will also be appointed chairman of the group's main operating subsidiary Magellan Asset Management ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
The Australian market looks set to open lower after OPEC chose not to cut oil production levels. At 0822 AEST on Monday, the December share price index futures contract was down 44 points at 5,294. In local economic news on Monday, the Reserve Bank ...

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
Challenger has suspended sales of its Care Annuity product and will pursue legal avenues after the government announced it would reassess the social security treatment of investors in the annuity. The Department of Social Services (DSS) informed Challenger ...

Treasury seeks consultation on adviser register

LAURA MILLAN  |  THURSDAY, 27 NOV 2014
Treasury has started the consultation process on the public register of financial advisers, with submissions closing on December 17. The adviser register will be implemented as an amendment to the Corporations Act and approved through regulation. The ...

Hastings appoints new TIF portfolio manager

JAMES FERNYHOUGH  |  THURSDAY, 27 NOV 2014
Hastings appointed a new portfolio manager for The Infrastructure Fund (TIF) to replace Peter Siapikoudis, who has moved to the role of portfolio manager, Australian mandates. Jonathan van Rooyen will take over responsibility for the TIF, managing the ...

Countplus appoints CEO, rejigs board

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
Countplus chief executive Michael Spurr will step down after four years in the job and will be replaced by Total Financial Solutions (TFS) chief executive. TFS is Countplus' financial planning group subsidiary and its chief executive Phillip Aris will ...

Inflows from overseas double in four years

MARK SMITH  |  TUESDAY, 25 NOV 2014
Funds flowing into Australian managed investment trusts from overseas have doubled from $20 billion to $40 billion since 2010, according to a new report by Perpetual and the Financial Services Council. The jointly published 2014 Australian Investment ...