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Showing 3111 - 3120 of 6939 results for "% December"

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
New entry and licensing requirements for SMSF auditors and accountants from July 1 will likely result in many funds being wound up, according to industry consultant John Wiseman. Wiseman noted that, as at December 2015, SMSFs represented 30% of the ...

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
Funny that. For all the recent rhetoric and commentaries that central banks have become impotent, financial headlines continue to be dominated by the latest policy movements -- or lack thereof -- and current thoughts of, well, central bankers. Such ...

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
The retail managed fund industry saw marked growth in the 2015 posting 7.5% growth in funds under management, according to figures from Plan For Life. The numbers show retail managed fund assets under management grew to $748.8 billion in what the researcher ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

PM Capital founder leaves to launch BTIM boutique

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
BT Investment Management has launched a global equities boutique led by one of the founding shareholders of PM Capital. Ashley Pittard, who has worked in portfolio management at PM Capital for 17 years (and is also a BTIM veteran), will manage the boutique ...

Data says not yet but what would Janet say?

BENJAMIN ONG  |  WEDNESDAY, 16 MAR 2016
There's a kind of hush in financial markets as focus turned to the Fed's FOMC meeting which started overnight. While the Fed is not expected to alter monetary policy at all at this month's meeting, there's a niggling sense of anticipation of what Janet's ...

Risk sales were flat in 2015

ALEX BURKE  |  TUESDAY, 15 MAR 2016
Overall life/risk insurance product sales were flat throughout 2015, according to DEXX&R research. DEXX&R's Life Analysis Report is based on the data provided for all business from Australian life insurance companies, and reveals that individual sales ...

AXA IM sees inflows double

MARK SMITH  |  TUESDAY, 15 MAR 2016
AXA Investment Managers (AXA IM) saw record net new money inflows in 2015, with strong demand coming from Australia and the wider Asia Pacific region. AXA IM pulled in €42 billion ($62 billion) globally in the 12 months to 31 December 2015, a 120% ...

First State Super renames investment options

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
First State Super has changed the name of three of its pre-mixed investment options in a bid to better describe and reflect each broad investment objective. The $52 billion fund has renamed its diversified, balanced, and capital guarded pre-mix investment ...

No tears for China's disappointing data

BENJAMIN ONG  |  TUESDAY, 15 MAR 2016
There was very little financial market reaction to China's latest data dump. This could be because the stats only confirmed what markets already know - i.e., China's economy is slowing - or they've discounted the disappointing numbers as due to seasonal ...