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Showing 2651 - 2660 of 3117 results for "November 2003"

Bad weather dampens Suncorp profits

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
Suncorp's bottomline has been hit by unusual weather and global share market volatility after the firm's half year net profit after tax was down 27.5 per cent to $382 million. The group's general insurance division posted $172 million half year profit ...

Regulator clamps down on conflicts of interest

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
A UK pension fund regulator has drafted a report to assist trustees in reviewing governance arrangements and eliminate any potential conflict of interest. The report was drafted after a review of UK pension funds identified potential conflicts of interest ...

NGS awards $150m mandate to Solaris

RUTH LIEW  |  TUESDAY, 26 FEB 2008
Non-Government Schools Super has awarded a $150 million mandate to boutique fund manager Solaris Investment Management after retracting its initial offer to Suncorp. NGS Super initially awarded the mandate to Suncorp last November but jumped ship when ...

Future Fund on the defense

The $51 billion Future Fund has dipped its toes in the equity and property markets but the bulk of its portfolio remains in cash, the fund's latest investment update reveals. The 31 January update released today shows that 8.8 per cent of the fund's ...

CAAM dons emerging markets cap

RUTH LIEW  |  TUESDAY, 19 FEB 2008
From Russia to Brazil, Africa to India, emerging markets are outpacing their developed counterparts left, right and centre, and Credit Agricole Asset Management's (CAAM) Australian arm is the latest firm to capitalise on this sector's growth. Launched ...

Sunsuper appoints board member

MICHAEL HOBBS  |  THURSDAY, 14 FEB 2008
Sunsuper has appointed Ron Monaghan, Queensland president of the Australian Labor Party, to director of the company's board. Monaghan was elected general secretary of the Queensland Council of Unions in November last year. He remains a board director ...

AXA's succession solutions

MICHAEL HOBBS  |  FRIDAY, 8 FEB 2008
Financial advisors looking to sell their business must ensure it's operating successfully because inefficient practices risk being sold at almost 20 per cent below the industry average, an AXA report found. The 2008 AXA Succession Report was published ...

Schroders expands fixed income team

MICHAEL HOBBS  |  THURSDAY, 7 FEB 2008
Schroders Investment Management Australia has appointed Peter Fullerton to head of credit research in its fixed income team. The newly created position follows the appointment of Steven Hur to credit analyst in November last year. In this role Fullerton ...

Fed Govt creates financial services task force

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
The Rudd Labor Government has called on senior government officials to form the Financial Services Working Group, aimed at dealing with financial services advice and disclosure issues. The Financial Services Working Group includes senior officers from ...

QIC tops up Pengana mandate

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
QIC has boosted its mandate to Pengana Capital's Global Volatility Fund by $111.5 million, three months after it gave the fund an initial $167 million fund injection. QIC now has $278.5 million invested in the Global Volatility strategy after the firm's ...