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Showing 2381 - 2390 of 2958 results for "August 27"

Undue credit (ratings)

BENJAMIN ONG  |  THURSDAY, 24 SEP 2009
When is a triple A rating not AAA? When the credit rating agencies say it is - in our case, Moody's. But first, a very big yawn with a matching upward stretch of both arms! I am talking about the Federal Open Market Committee (FOMC) meeting, of course. ...

Lonsec recommends AUI property fund

COMPANY RELEASE  |  WEDNESDAY, 23 SEP 2009
Australian Unity Investments' (AUI) Property Income Fund has been upgraded to 'Recommended' by Lonsec. According to an AUI press statement, this makes AUI's fund one of only two products in the research house's hybrid property securities sector to achieve ...

Perth fund manager gets wind up orders

ASIC RELEASE  |  WEDNESDAY, 23 SEP 2009
ASIC has obtained court orders to wind up Perth-based Finchley Central Funds Management for failing to comply with its obligations under the law. On 22 September 2009, ASIC obtained orders from the Federal Court in Perth to wind up Finchley Central ...

Treasury buys stake in two boutiques

MICHAEL HOBBS  |  MONDAY, 21 SEP 2009
Treasury Group has expanded its boutique line-up, investing in absolute return manager AR Capital Management and Scotland-based global thematic equities manager Aubrey Capital Management. The deal means Treasury Group will own 30 per cent of each fund ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
Run three days straight or for nine days with only a day's pause and you too would need a bit of a rest. This is precisely what Wall Street did overnight -- it stopped for a break. In financial market jargon this is termed as "consolidation." The Dow ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 SEP 2009
The Australian share market is likely to open weaker after a rally on Wall Street came to an end as US economic data presented a mixed picture on the economic recovery. At 0730 AEST on the Sydney Futures Exchange, the December share price index contract ...

BOBisms

BENJAMIN ONG  |  THURSDAY, 17 SEP 2009
BOB has spoken and what financial markets heard was good. BOB, of course, stands for Bernanke, Obama and Buffet. But go back to yesterday's news and carefully read or listen to what the 'three wise men' uttered. Go on. Read again. Listen again. Was ...

Three wise men - maybe

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2009
... been expected to boost retail spending - but no one expected it to be this big. Retail sales jumped by 2.7 per cent in August - markets expected a 2 per cent rise - after dipping by 0.1 per cent in the previous month. Remove automobile purchases and ...

Market Wrap - Midday

AAP  |  MONDAY, 14 SEP 2009
The Australian sharemarket was nearly one per cent lower at noon with weakness in the financial sector and as some investors anticipate the "September effect". At 1200 AEST, the benchmark S&P/ASX200 index was down 44.1 cents, or 0.96 per cent, at 4552 ...

Tax and dividend boost at OptiMix

COMPANY RELEASE  |  MONDAY, 14 SEP 2009
OptiMix has introduced a tax and dividend optimisation strategy (TDOS) overlay to its wholesale Australian Equities portfolio. "This tax and dividend optimisation strategy aims to fill an important gap that results when investment managers pursue alpha ...