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Showing 2761 - 2770 of 3265 results for "January 1"

Higher fees, more cover: AustralianSuper

RUTH LIEW  |  TUESDAY, 17 MAR 2009
One of the country's largest super funds, AustralianSuper, is raising its admin fees by 50 per cent and is broadening its insurance cover, all in a bid to improve member services. All of the fund's members' accounts are now being charged $1.50 per week ...

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
'Never underestimate the power of optimism.' (Camp Quality) This was perfectly proven by the equity markets' strong performance last week where many of the indices - if not all - spiked to their best weekly gain since November 2008. News reports and ...

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
'Job losses worst for 18 years' (AFR). 'Australian Jobless Rate Climbs to 4-Year High of 5.2%' (Bloomberg). Boy oh boy, here we go again. Each time Australia's job numbers are updated, we get the media's display of their masochistic tendencies. We are ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 11 MAR 2009
Australian stocks have been buoyed by Wall Street's overnight rebound, maintaining an almost two per cent surge throughout Wednesday morning. At 1200 AEDT, the benchmark S&P/ASX200 index was up 62 points, or 1.95 per cent, at 3,246.5 while the broader ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 MAR 2009
The Australian share market is likely to open higher on Wednesday after a rally on Wall Street overnight. Precious metals and oil price were lower, although copper was higher. At 0659 AEDT, on the Sydney Futures Exchange, the March SPI futures index ...

Instos cool on direct infrastructure

MICHAEL HOBBS  |  TUESDAY, 10 MAR 2009
Global institutional investors are snubbing direct infrastructure projects and fund-of-fund strategies for distressed assets, private equity and hedge funds in the next 12 to 24 months, according to a survey. The Alternative Investment Summit Industry ...

KBC blocks water fund

MICHAEL HOBBS  |  MONDAY, 9 MAR 2009
KBC Asset Management's Global Water fund is closed to new money in Australia. Simon Padley, KBC Asset Management head of distribution, said the fund is not accepting new money because the Belgian based asset manager is reviewing some of the group's ...

Market Wrap - Morning

AAP  |  MONDAY, 9 MAR 2009
The Australian share market is likely to open flat on Monday with a slightly positive leads from Wall Street on Friday. Oil, precious metals and copper were higher, too. At 0713 AEDT on the Sydney Futures Exchange, the March SPI futures index was up ...

Macq makes further cuts

MICHAEL HOBBS  |  FRIDAY, 6 MAR 2009
Macquarie Bank continues to downsize its operations locally and overseas with more than 40 redundancies made in the bank's New York and London offices and at least 20 people cut from its Melbourne and Sydney branches. This week, Macquarie Bank has cut ...

Return of the hedge funds

MICHAEL HOBBS  |  TUESDAY, 3 MAR 2009
Global hedge funds have hit the ground running this year, returning 0.42 per cent in January while the S&P 500 Total Return and MSCI World Equity indices lost more than eight per cent. According to a VanMac report, the Greenwich Global Hedge Fund Index ...