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Showing 3091 - 3100 of 6251 results for "December 29"

AMCIL suffers short-term performance dip

MARK SMITH  |  WEDNESDAY, 21 JAN 2015
Listed investment company AMCIL saw its half-year profit fall 23.8% to $2.8 million in the six months to 31 December but the fund is still ahead of its benchmark over the longer term. Revenue from investments was $3.6 million excluding capital gains ...

China growth as Li likes it

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2015
Another year, another disappointment. I must be really getting ancient becasue I can't recall exactly when it all started - 2010 or 2011? - but year after year after year, "experts" have been predicting a hard landing in China's economy. That "hard ...

Market Wrap AM

AAP  |  WEDNESDAY, 21 JAN 2015
The Australian market looks set to open higher following gains on European and US stock markets. At 0715 AEDT on Wednesday, the March share price index futures contract was up 23 points at 5,281. Europe's leading stock markets got a boost from expectations ...

Praemium platform passes $3bn milestone

STAFF WRITER  |  TUESDAY, 20 JAN 2015
Praemium's global funds on platform reached $3.1 billion as at 31 December 2014 following a quarter of record inflows to the company's Australian and international separately managed account (SMA) platforms. Gross inflows for the December 2014 quarter ...

Market wrap

AAP  |  TUESDAY, 20 JAN 2015
The Australian share market is trading lower as weaker prices for oil and copper weigh on the resources sector. "The resources sector is certainly dragging things down," Phillip Capital senior client adviser Michael Heffernan said. "The banks are doing ...

Hub24 keeps growth pace in Q2

LAURA MILLAN  |  TUESDAY, 20 JAN 2015
Hub24 saw its fourth consecutive quarter of record net inflows during the December quarter and a 21.4% increase in funds under administration. The platform provider had net inflows of $189.7 million and gross inflows of $225.6 million during the September ...

That other surprise

BENJAMIN ONG  |  TUESDAY, 20 JAN 2015
... And it gets better. Recent reports show that the country's merchandise trade deficit has narrowed to US$9.4 billion in December - down 44.3% from a month earlier and 7.8% from December 2013. This would represent a certain contribution to fourth quarter ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
The financial services industry is waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of ...

So sure it's certain

BENJAMIN ONG  |  MONDAY, 19 JAN 2015
... depreciated Japanese yen. Plummeting oil prices are increasing downward momentum on Eurozone deflation - minus 0.2% in December - pressured by stagnant growth (0.8 yoy in the third quarter), high unemployment (11.5%) and declining business and consumer ...

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
The Australian sharemarket is lower in the wake of a surprise move by the Swiss central bank to strengthen its currency. "We're all digesting the shock of the moves in the Swiss franc overnight - that's the talk of all the trading desks," CMC Markets ...