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Showing 2401 - 2410 of 4761 results for "July 2014"

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... gain. The latest tally takes the year-on-year change in industrial production down from minus 1.5% in June to minus 3.8% in July - the fastest rate since January this year and the eight straight month of decline. UK consumer confidence The Brits appear ...

ACBC launches additional XTB model portfolios

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
Exchange traded bond provider Australian Corporate Bond Company (ACBC) has launched two additional model portfolios. The new Concentrated High-Yield Model Portfolio continues the philosophy of the High Yield Model Portfolio which was launched last month ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
... two years - in July, more than reversing the previous month's 8.2% increase. Sales of detached homes declined by 7.4% in July (after rising by 7.2% in June) while sales of apartments, townhouses and units dropped by 17.3% in July following increases ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 26 AUG 2016
... wholesale firms conducted by the Confederation of British Industry (CBI) is anything to go by, the rise in retail spending in July - up 1.4% month on month - should persist over the coming months. The CBI Distributive Trades Survey - a leading indicator ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
... for a mere 0.4% dip. The latest figure takes the year-on-year rate of change in existing home sales down to minus 1.6% in July - the first negative annual rate since November last year - after rising by 3.0% in the previous month. The median price of ...

MLC extends Rio Tinto insurance partnership

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
Members in the accumulation division of the Rio Tinto Staff Superannuation Fund (RTSSF) were recently moved to new insurance arrangements following MLC winning a market tender. The accumulation division was previously under self-insurance arrangements ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 24 AUG 2016
... subdued: the rate of increase in input prices was the slowest in four months; average selling prices fell at a faster rate in July "continuing the trend of falling prices seen over much of the past five years". Markit/Nikkei flash Japan manufacturing ...