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Showing 2831 - 2840 of 5919 results for "March 24"

AMP wealth management grows AUM

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
AMP reported an increase in its wealth management business for the first quarter of 2015, seeing assets under management up 6% to $116.1 billion. The rise was attributed to positive investment market movements up to 31 March, 2015. The company also ...

Vanguard overtakes PIMCO as largest bond manager

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
The great battle between active and passive investment reached new heights when Vanguard overtook PIMCO as the world's largest bond mutual fund. April data showed that PIMCO's Total Return Fund was holding $110.4 billion, while Vanguard's Total Bond ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
Finance and employment services company CML group has launched a $25 million unrated bond issue targeting private investors, self-managed super funds (SMSFs) and advisers. The corporate bond issue is arranged by FIIG Securities and has a minimum initial ...

CBA shares down on flat profit

AAP  |  WEDNESDAY, 6 MAY 2015
Commonwealth Bank shares have fallen to their lowest level in more than three months after it posted a flat $2.2 billion quarterly cash profit. The bank attributed the flat March quarter result to an increase in costs and strong competition for loans. ...

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
A disappointing quarterly result from the Commonwealth Bank is weighing down the broader share market. The share price of Australia's biggest listed company plummeted by $2.99, or 3.39 per cent, to $85.15, after it post a flat $2.2 billion cash profit ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... imports increasing by 1.8%. Last night's US trade data showing an upward revision in the trade deficit to US$51.4 billion in March - the biggest gap since October 2008 -- from the initial estimate of US$42.0 billion could bring that 0.2% first quarter ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 MAY 2015
The Australian market looks set to open lower following losses on Wall Street. At 0655 AEST on Wednesday, the June share price index futures contract was down 50 points at 5,754. US stocks tumbled overnight on worries about higher oil prices and tensions ...

Fulcrum launches multi-asset inflation plus fund

MARK SMITH  |  TUESDAY, 5 MAY 2015
London-based Fulcrum Asset Management has launched a global multi-asset fund for local investors. The Fulcrum Diversified Absolute Return Fund is based on the existing Fulcrum Diversified Absolute Return strategy, which was launched in the UK in 2008. ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
With numbers like these, who needs a rate cut? Indications of an improving labour market and strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would ...

Market Wrap AM

AAP  |  TUESDAY, 5 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street overnight. At 0700 AEST on Tuesday, the June share price index futures contract was up 29 points at 5,835. US stocks gained some ground following the first rise in US factory ...