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Showing 3041 - 3050 of 5518 results for "September 29 2013"

Market Wrap

AAP  |  WEDNESDAY, 31 OCT 2012
The Australian market looks set to open higher after European stock markets rebounded as investors cheered positive company earnings and reacted to news of thousands of job cuts at Swiss bank UBS, despite a lull in trading caused by the monster US storm ...

SMSF members still happiest

ALEX DUNNIN  |  TUESDAY, 30 OCT 2012
Despite lackluster super fund returns, more fund members are satisfied with their industry fund's performance than are retail fund members but self managed super fund (SMSF) members continue to be the most satisfied. The results are reported in the ...

Sandy

BENJAMIN ONG  |  TUESDAY, 30 OCT 2012
The New York Stock Exchange and the Nasdaq market shuttered last night - the first since September 11, 2001 -- as Hurricane Sandy batters the northeast coast of the United States. They will remain closed for a second day today. Thank goodness the warnings ...

Juicy Macquarie profit belies revenue fall

MARK SMITH  |  FRIDAY, 26 OCT 2012
Macquarie Group has announced an 18% rise in first-half profit, despite a fall in revenue. The investment bank made $361 million, up from $305 million last year, benefiting from improved market conditions. Despite subdued market conditions, chief executive ...

AMP net cash flows surge in Q3

LINDA HAUSKEN  |  FRIDAY, 26 OCT 2012
AMP's growth initiatives have continued to deliver positive results with a particularly significant rise in the net cash flows in the third quarter. AMP Financial Services reported net cash flows of $605 million for the quarter compared to $335 million ...

Perennial defection triggers Zenith review

BEN COLLINS  |  THURSDAY, 25 OCT 2012
Zenith has placed three Perennial property trusts under review, after key staff moved across to Colonial First State Global Asset Management. When Perennial head of property David Kivell replaced the outgoing Steven Hayes, an exodus from the investment ...

Russell ups risk in equity ETFs

MARK SMITH  |  THURSDAY, 25 OCT 2012
Russell Investments has dumped five defensive stocks in its latest rebalance of its value index, anticipating growth in riskier assets. Russell reconstitutes the weightings to stocks in its Russell Australia High Value and Australia High Dividend indices ...

Fed decides not to decide

BENJAMIN ONG  |  THURSDAY, 25 OCT 2012
... more quickly, but growth in business fixed investment has slowed." Also true. Employment increased by only 114,000 in September - below the 200K necessary to significantly dent the jobless rate which remained at a high 7.8% last month - statistical fluke ...

Market wrap - late AM

AAP  |  WEDNESDAY, 24 OCT 2012
Australian stocks have opened 0.7 per cent lower, outperforming the sharp declines from offshore markets during the overnight session. At 1033 AEDT on Wednesday, the benchmark S&P/ASX200 index was down 31.5 points, or 0.69 per cent, at 4,511.6 points ...

CFSGAM makes four new hires

LINDA HAUSKEN  |  WEDNESDAY, 24 OCT 2012
Colonial First State Global Asset Management (CFSGAM) has made four new hires to the listed property securities team following Stephen Hayes rejoining the firm as head of property securities in September. Tuan Pham, is re-joining the firm as a senior ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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