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| | | ... of funds outperforming their respective three year benchmarks. Cash net profit after tax was $692 million, excluding property, and up 17% since June 2013. The growth was despite the cases of poor advice and adviser misbehaviour within CBA's financial ... |
| | | | ... many of the entities and service providers they get involved with," he said. Kell explained that he was referring to property spruikers and groups that may encourage people to set up a SMSF when it's clear such funds are not in their best interests. ... |
| | | | ... It has an asset allocation of 30% Australian equities, 22% global equities, 4% growth alternatives, 4% international property, 20% Australian property, 4% defensive alternatives and 16% cash and fixed interest. |
| | | | Property fund manager 360 Capital Group has launched its first product under its new property securities business. The 360 Capital AREIT Fund is an unlisted managed investment scheme available to both retail and institutional investors and will invest ... |
| | | | ... of a site on the famous Strip. The big four banks and the major miners were all down, while consumer staples and the property stocks bucked the trend to be the only sectors, apart from gold, to be higher. |
| | | | ... taxes owed, but not pay rebates. Baker also criticised rules that allow SMSFs to invest in collectibles and residential property. He said that the UK's self-invested personal pension (SIPP) scheme does not allow members to invest in residential property ... |
| | | | ... total return targets due to lower long term expected return forecasts for most asset classes including global listed property, global bonds and cash. It will also include of conservative alternatives - in conjunction with growth alternatives - to provide ... |
| | | | ... at 5,538. In economic news on Wednesday, the National Australia Bank releases its June quarter Australian commercial property survey. In equities news, New Zealand company Metro Performance Glass lists on ASX and NZX, and Genworth Mortgage Insurance ... |
| | | | National Australia Bank (NAB) has agreed to sell A£625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors. NAB said the sale was intended to de-risk its UK Commercial Real Estate (CRE) portfolio, reducing the ... |
| | | | ... million in assets under management (AUM) in 2013, taking it to $2.7 billion AUM. It was followed by New Forests, Investa Property Group, Perpetual Investments and BT Investment Management. Meanwhile, Local Government Super was far and away the top RI ... |
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