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Showing 2951 - 2960 of 6251 results for "December 29"

Australian stock market to open lower

AAP  |  TUESDAY, 9 JUN 2015
The Australian stock market looks set to open lower, following falls on Wall Street overnight. At 0654 AEST on Tuesday, the June share price index futures contract was down 25 points at 5,477. US stocks were lower, led by large declines in technology ...

Retirement incomes lead FUM growth

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
Retirement incomes recorded the largest funds under management and advice growth among the retail and wholesale superannuation and investment sectors in the year to March 2015. According to research firm DEXX&R, the retirement incomes segment increased ...

Property bubble debate heats up

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
Public officials' concerns of a property bubble in Sydney and Melbourne are spreading uncertainty amongst those thinking about increasing their exposure, but are not dissuading Chinese investors. Treasury secretary John Fraser was the last public official ...

Henderson acquires IOOF's Perennial

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
Henderson Group has acquired fund manager Perennial Fixed interest Partners and Perennial Growth from IOOF and has increased its stake in a third investment firm. UK-based Henderson has bought all the shares of Perennial Fixed interest Partners and ...

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
The Australian market looks set to open higher following gains on Wall Street overnight. At 0642 AEST on Tuesday, the June share price index futures contract was up 15 points at 5,745. Locally on Tuesday, the Reserve Bank holds its monthly board meeting ...

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing. VFMC, which has $50 billion in funds under management, said ...

SMSFs need more investment diversity: FinaMetrica

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Risk profiler FinaMetrica believes continued investment in Australian shares and cash could spell disaster for self-managed superannuation funds (SMSFs) when the local market corrects. The call came on top of managed funds data recently released by ...

Draft amendments to OTC rules released

MARK SMITH  |  MONDAY, 1 JUN 2015
The government is seeking submissions on the new draft legislation for the mandatory central clearing of over-the-counter (OTC) interest rate derivatives it has released. This is the latest step in a series of reforms aimed at bringing Australia in ...

Acadian buys CFS stake, becomes independent

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
Global fund manager Acadian Asset Management has bought the 50% stake that Colonial First State (CFS) had in the firm's Australian division. After becoming a wholly-owned subsidiary, Acadian has appointed CFS as sole distributor of its investment strategies ...

Strong USD reflects (deflects) lift-off

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2015
Lift-off would be sometime in one of the 'ber' months for sure. It could be in September or in October or in November or in December but you can bet your bottom US dollar, it'll be in the year 2-0-1-5. The lady who's finger is at the trigger told us ...