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Showing 2271 - 2280 of 5515 results for "September 2005"

Industry fund to double investment team

DARREN SNYDER  |  MONDAY, 2 NOV 2015
Mine Wealth + Wellbeing will more than double its investment team by June next year in a move set to "encourage greater innovation" and deliver greater investment capability. The $10 billion industry superannuation fund announced it will be growing ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

Aged care concerns top Challenger advice list

DARREN SNYDER  |  FRIDAY, 30 OCT 2015
An incredibly quiet yet evolving change in the background of post-retirement is potentially vindicating Challenger's choice to develop its CarePlus product recently. Monash University professor Deborah Ralston told an Australian Centre for Financial ...

Managed accounts usage to grow 38%

LAURA MILLAN  |  FRIDAY, 30 OCT 2015
The number of independent financial advice practices using managed accounts is set to grow by over 38% over the quarter, Managed Accounts Holdings (MGP) said. The managed accounts provider said that an additional 10 boutique licensees are in the process ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
"Yes I would, if I only could, I surely would." - 'El Condor Pasa' by Simon & Garfunkel After all the dissecting, de-constructing and probing of the October FOMC statement for missing/added words, phrases and sentences, financial markets came up with ...

ANZ private wealth sees digital growth

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
ANZ's private wealth division has recorded profit growth of 15% for the 2015 financial year on the back of a continued approach to "customer focused investment solutions." Releasing its 2015 full year results today, ANZ said funds under management (FUM) ...

CBA whistleblower flags unfair compensation

ALEX BURKE  |  THURSDAY, 29 OCT 2015
CBA has been accused of severely mishandling its Open Advice Review program by a former employee. Former Open Advice Review assessment manager Russell Phillips alleged at the Senate Standing Committees on Economics Scrutiny of Financial Advice public ...

Global strategy drives BTIM results

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
BT Investment Management reported a record result for the year to 30 September 2015, with the manager's US equity funds attracting strong inflows. BTIM confirmed a cash net profit after tax (NPAT) of $132.5 million for the year, and a statutory NPAT ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
"and I swear (I swear) by the moon and the stars..." Whoops, sorry folks, I got carried away with "All 4 One's" tune. What I meant to type is, I swear this has happened once before. You know, the time when Wall Street "rejoiced" at the more likely than ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...