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Showing 301 - 310 of 461 results for "SUBD"

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
ANZ has recorded positive growth of 19% putting its full year statutory profit at $5.36 billion, with the bank's strategic focus on its Asian and institutional divisions. ANZ's underlying profit was up 12% to $5.65 billion for the financial year ending ...

Machines of loving grace

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
The Fed has spoken and financial markets thought they liked what they heard. To be sure, to be sure, the 1.5% rebound on Wall Street overnight - and an almost equivalent bounce in Europe - is as welcome as welcome could be. Anything that could break ...

Westpac rise in cash earnings reflects strong results in retail and wealth

CLAIRE MCGREAL  |  WEDNESDAY, 2 NOV 2011
Westpac has posted strong financial results, with a 10 % increase in full year profits. In the 12 months to September 30 the group's net profit rose from $6.3 billion in 2010 to $6.9 billion, while cash earnings were also up 7 % to $6.3 billion. "It ...

BTIM fixed focus for new financial year

ELISE BURGESS  |  MONDAY, 31 OCT 2011
BT Investment Management results signify the group's move into the fixed income space, the impact of volatility and acquisition plans for the new financial year. In results posted today, BT Investment Management (BTIM) announced a 8% slip in funds under ...

Another 'should have gone shopping' moment

BENJAMIN ONG  |  MONDAY, 31 OCT 2011
I can see clearly now, the rain is gone, I can see all obstacles in my way Gone are the dark clouds that had me blind It's gonna be a bright (bright), bright (bright) Sun-shiny day. - Johnny Nash Ok, alright, perhaps still not apropos when referring ...

MLC/NAB earnings down but advisers up

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
MLC and NAB Wealth cash earnings declined 12.5% to $533 million for the September 30 full year although it reported strong investment in adviser numbers, up from 1,555 to 1,864. The total funds under management for MLC and NAB Wealth is sitting at $112.7 ...

AMP Financial Services posts strong results

ELISE BURGESS  |  THURSDAY, 27 OCT 2011
AMP Financial Services has recorded strong results with a 21% increase in platform growth for its 2011 third quarter results and a 24% rise in superannuation product, AMP Flexible Super. Announced today by AMP Limited, AMP Financial Services assets ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 OCT 2011
SYDNEY, Oct 18 AAP - A roundup of trading on major world markets: NEW YORK - US equity markets sank Monday after a three-week rally after a meeting of G20 finance chiefs failed to boost confidence that a solution to the eurozone debt crisis is near. ...

Unlisted infrastructure funds post mixed results

ELISE BURGESS  |  WEDNESDAY, 5 OCT 2011
Unlisted infrastructure fund raising figures for Q3 2011 declined with just two funds reaching a final close raising $1.6 billion, but hitting new records for the year with 136 total funds now available to investors. While some results were subdued ...

Second tranche of FOFA well received: industry

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
The second tranche of FOFA reforms has earned a warm, albeit subdued, welcome from the industry with little or no reaction from large dealer groups but solid support from industry associations. In response to the Future of Financial Advice (FOFA) reforms ...