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Showing 2271 - 2280 of 2961 results for "August 2010"

AUI increases redemption levels for mortgage fund

MEDIA RELEASES  |  FRIDAY, 27 AUG 2010
Australian Unity Investments has increased the regular monthly withdrawal facility of the AUI Mortgage Income Trust, offering 3 per cent of the trust for withdrawals each month. The increase is effective from 25 August 2010 and investors can set up ...

No change in Concord strategies: Invesco

RUTH LIEW  |  FRIDAY, 27 AUG 2010
Invesco Australia chief executive Mick O'Brien has reassured investors that the investment team of its recently bought boutique, Concord Capital, will remain with the firm and manage existing mandates following the buyout. In a press statement released ...

SEC charges New Jersey with fraud

RUTH LIEW  |  FRIDAY, 27 AUG 2010
The US financial watchdog has cracked down on the state of New Jersey for securities fraud pertaining to fake municipal bond offerings and underfunding two of the state's largest pension funds. Mid this month, the Securities and Exchange Commission ...

Glum

BENJAMIN ONG  |  FRIDAY, 27 AUG 2010
Glum has entered the building. Remember him? The teenie weenie Lilliputian in Gulliver's Travels who when faced with a predicament - any predicament - exclaims, "We'll never make it! We're doomed!" So it is with Wall Street and its view of the US economy ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 AUG 2010
Australian markets have received mixed leads from overseas trade overnight. Wall Streets key indices were lower, but commodities were mixed. European markets were higher. At 0652 AEST on the Sydney Futures Exchange, the September share price index contract ...

Solid results for BT Wrap and Westpac

RUTH LIEW  |  MONDAY, 23 AUG 2010
The BT Wrap/Asgard platform received $1 billion in inflows for the March quarter, while its parent company Westpac reported strong third quarter results with cash earnings of around $1.4 billion. According to the Westpac 2010 August Update and Pillar ...

Market Wrap - Morning

AAP  |  MONDAY, 23 AUG 2010
At 0714 AEST on the Sydney Futures Exchange, the September share price index contract was down nine points at 4,387. In economics news on Monday, The Australian Office of Financial Management (AOFM) conducts a tender of $200 million of the August 2020 ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 AUG 2010
Local markets have received strongly negative leads from offshore trading overnight, with heavy falls on Wall Street, oil falling below $US75, and metals, too generally lower. Only gold futures rose. At 0717 AEST on the Sydney Futures Exchange, the ...

Something for everyone

BENJAMIN ONG  |  FRIDAY, 20 AUG 2010
... weekly increase and the highest since 14 November last year. Two-fecta. The Philadelphia Fed index dropped to minus 7.7 in August - down from plus 5.1 in the previous month and lower than predictions of an increase to 7. Three-fecta. The index of leading ...

AvSuper takes legal action against big fund

RUTH LIEW  |  THURSDAY, 19 AUG 2010
Canberra-based super fund AvSuper Pty Ltd (AvSuper) has lodged legal proceedings against Commonwealth Managed Investments Limited (CMIL) and Colonial First State Property Limited (CFSPL) over the meaning of an agreement regarding the super fund's entitlements ...