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Showing 2291 - 2300 of 5515 results for "September 2005"

Future Fund issues return warning

MARK SMITH  |  MONDAY, 19 OCT 2015
The Future Fund has issued a warning to investors that the high returns of the past few years are unlikely to continue in the medium term. The latest update shows the Future Fund's investment strategy has almost doubled the value of original government ...

Perpetual sees institutional outflows

MARK SMITH  |  MONDAY, 19 OCT 2015
Perpetual has experienced net outflows of around $700 million as a result of institutional investors rebalancing funds away from Australian equities. The fund manager announced that its funds under management as at 30 September 2015 were $28.4 billion ...

HUB24 refuses IOOF takeover

LAURA MILLAN  |  MONDAY, 19 OCT 2015
HUB24 has turned down IOOF's offer to acquire all of its shares. The platform provider's board considered the proposal and consulted with its advisers. They all concluded that "the proposal is inadequate and does not reflect the underlying value of ...

Challenger annuity sales grow 12 per cent

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Challenger Life has recorded a 12% increase in annuity sales during the first quarter of the 2016 financial year when compared to the same period last year. Annuity sales in the three months to 30 September 2015 totaled $884 million, with retail sales ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." These were the words in the US Federal Reserve's monetary policy statement of ...

VFMC appoints acting chief executive

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
Victorian Funds Management Corporation (VFMC) has appointed its chief investment officer as acting chief executive while the search for a new leader continues. VFMC announced yesterday that chief executive Warren Lee has departed the corporation and ...

WBC rate lift pressures RBA rate cut

BENJAMIN ONG  |  THURSDAY, 15 OCT 2015
Who can you bank on, who can you trust? Westpac, you can bank on us! I haven't landed in this great land yet when this catchy jingle from Westpac's ad was playing on Australian TV back in 1989. Thanks to tech magic, I can play, rewind and replay it ...

IOOF behind HUB24 buyout offer

LAURA MILLAN  |  WEDNESDAY, 14 OCT 2015
IOOF Holdings is back in the acquisition game and has made a proposal to acquire all of the shares of HUB24. Both companies confirmed the move in statements to the Australian Securities Exchange and HUB24 placed its shares in a trading halt on Tuesday ...

ETF inflows defy choppy markets

MARK SMITH  |  TUESDAY, 13 OCT 2015
Australian Exchange Traded Funds (ETFs) rose nearly 50% in funds under management in the 12 months to September 2015, while increasing in number from 90 to 118, according to the latest monthly report from the ASX. In September the ETF market increased ...

Reversal of fortunes

BENJAMIN ONG  |  MONDAY, 12 OCT 2015
We're happy, Jan! This is the universal chorus from financial markets everywhere the week - the first 7 trading days of October - after the quarter - the worst three-months since September 2011 - before. Oh yes, yes, yo Virginia, we're happy little ...