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Showing 2671 - 2680 of 2997 results for "February 5"

Asset Super takes cash and splits

CHRIS NICHOLLS  |  FRIDAY, 22 JUN 2007
Asset Super has taken a $110 million cash mandate from Macquarie Treasury Fund and split it between ING's active Enhanced Cash fund and Perpetual's passively managed Exact Cash fund. The move sees 55 per cent of the mandate go to ING, while 45 per cent ...

FF appoints Watson Wyatt head as CIO

The Future Fund has appointed David Neal, the long-time head of investment consulting at Watson Wyatt Australia, as its chief investment officer. "We are delighted to welcome David to the Fund. His experience in working with diversified, multi-manager ...

Economic round-up: Business up, sentiment down

SUZY MAC  |  THURSDAY, 14 JUN 2007
Despite continued buoyancy in business activity, consumer sentiment took a tumble in June as Australia's optimism towards future family finances and the economy begins to wane. The May NAB Business survey showed a continuation of elevated business activity ...

Industry funds to boost planner numbers

CHRIS NICHOLLS  |  WEDNESDAY, 13 JUN 2007
Industry funds are looking to offer members access to a greater numbers of financial planners to try and counter the near 15,000 retail-oriented planners now advising in Australia. Currently, industry funds offer commission-free financial planing to ...

Economic round-up: Greenspan versus the poet

SUZY MAC  |  WEDNESDAY, 13 JUN 2007
While China's Premier Wen Jiabao relies on the economic advice of a poet, America's former Federal Reserve Chairman, Alan Greenspan, protests he has less influence than he's given credit for with his economic observations. Trying to turn down the heat ...

Economic round-up: Beijing tugging the reins

SUZY MAC  |  MONDAY, 21 MAY 2007
Investors will be keeping an eye on the Chinese currency today following Beijing's announcement on Friday of another interest rate increase and a widening of its foreign exchange trading band against the US$. China's central bank also raised interest ...

Market wrap - morning

AAP  |  THURSDAY, 17 MAY 2007
The local market will likely take direction from New York, despite base metals heading lower on the London Metal Exchange. At 0803 AEST on the Sydney Futures Exchange, the June share price index contract was up 34 points to 6,341, on a volume of 1,855 ...

China's market party gets louder

SUZY MAC  |  MONDAY, 14 MAY 2007
China's stock market party is getting wilder and no one is listening to calls to turn the music down - it seems that investors are just having too much fun. China is leading the world in IPO volumes and new share offerings are often doubling in value ...

AUI JVs a winning formula

Australian Unity Investments (AUI) has more than doubled its funds under management (FUM) to over $5 billion in under three years thanks to its joint ventures with top-performing boutique fund managers. As more and more star fund managers leave big ...

MFS retires from village portfolio

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
MFS Diversified today announced the sale of its retirement village portfolio and shares in Village Life as part of its rationalisation of non-core operations. The sale follows a deal with SCV Group to manage its retirement village portfolio in a 25 ...