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Showing 3031 - 3040 of 7101 results for "June 2011"

BTFG shutters alternatives fund

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2016
BT Financial Group has confirmed the winding up of one of its popular alternatives funds. The Advance Alternatives Strategies Multi-Blend Fund was terminated on 14 June and is being managed by Ramius Alternative Solutions until the wind up is completed ...

Read the data not the Fed's lips

BENJAMIN ONG  |  MONDAY, 22 AUG 2016
Yes, no, maybe, I don't know. Sit down, buckle up and hang on Virginia for we're heading into the 'Hole' - Jackson Hole, that is. There'll be to-ing and fro-ing aplenty leading up to Janet's homily at 'The Hole' this coming Thursday and Friday and perhaps ...

IRESS profit up 15%

MARK SMITH  |  FRIDAY, 19 AUG 2016
Financial services technology provider IRESS has lifted its statutory net profit 15% to $32.7 million for the six months to 30 June 2016 compared to the same period last year. The rise was 22% ahead of the previous six months. Operating revenue increased ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
Australia leading index The Westpac-Melbourne Institute Leading Index of Economic Activity inched up by 0.1% in July, partially reversing the previous month's 0.2% fall. More important, the six-month annualised growth rate in the index - indicating ...

Investors missing healthy returns amid bond fears

MARK SMITH  |  WEDNESDAY, 17 AUG 2016
The fear of negative interest rates keeping retail investors out of bond markets isn't just overlooking the defensive role of the asset class within portfolios, it's also leaving a surprisingly healthy return on the table. That's an argument put forward ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
Life insurers recorded a net profit after tax of $2.9 billion last financial year, up 5.7% on the previous 12 months and despite a 36.1% drop in total revenue. Releasing its quarterly life insurance performance statistics yesterday, the Australian Prudential ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2016
Australia sales of new motor vehicles Total new car sales decreased by 1.3% to 98,062 units in July following a 3.5% increase in the previous month driven by a 5.2% drop in passenger vehicles that negated increases in sales of sports utility vehicles ...

Class ups its SMSF stake

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
ASX-listed SMSF administration software provider Class recorded 45% revenue growth during the 2016 financial year, increasing its estimated share of the SMSF market to about 19.2%. Class' net profit after tax was $5.2 million, up 53%. This would have ...

Hunter Hall director steps down

MARK SMITH  |  TUESDAY, 16 AUG 2016
A 16-year veteran non-executive director of Hunter Hall International is to resign from the business. Mark Forstmann, who joined the firm in 2000, will step down from his role as a non-executive director of Hunter Hall International and its subsidiary ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
Empire State manufacturing survey Factory activity in the New York region softened in August with the Empire State manufacturing index falling to a reading of minus 4.21 in the month from 0.6 in the previous month and expectations for a 2.5 print. While ...