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Showing 3291 - 3300 of 7101 results for "June 2011"

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Below benchmark performance hurts Platinum

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
Platinum Asset Management reported an increase in net profit after tax of 12.4%, but results for the financial year were impacted by below-benchmark performance. Net profit after tax for the year to 30 June 2015 was $213.5 million, compared to $189.9 ...

Super gender gap large, but closing

MARK SMITH  |  THURSDAY, 20 AUG 2015
The gap in the average super balances of men and women has closed considerably in the last decade but is still a major problem, the latest research from Roy Morgan shows. In the 12 months to June 2015, women with superannuation had an average balance ...

Australian managers most focused on ESG

LAURA MILLAN  |  THURSDAY, 20 AUG 2015
Australian professional investors are the world's most concerned about environmental, social and governance (ESG) issues when it comes to making investment decisions. A global CFA survey of investment professionals found that 78% of CFA Institute members ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
The 2.7% drop in Thailand's SET index and the half a percent drop in the Thai baht to 38.58 versus the US dollar - the lowest since April 2009 -- dominated the financial press headlines the day after the night (17 August) Bangkok was bombed. As it should. ...

Islamic super fund sees 245% FUM growth

LAURA MILLAN  |  WEDNESDAY, 19 AUG 2015
An Australian superannuation and investment firm has experienced 245% growth in funds under management for the year to 30 June 2015. Crescent Wealth has exceeded the $100 million FUM milestone, with total member numbers growing close to tenfold during ...

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
We've gone a long way, baby! A very long way... down. It seems so long ago and far away now but, it had only been less than four months when the All Ordinaries index looked set to break the 6,000-point barrier. It was only 0.8% away (45.2 points) from ...

Challenger's $300m profit and new product

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
On top of announcing its $300 million profit for the last financial year, Challenger has launched a new product aiming to provide financial certainty for retirees in aged care. Releasing Challenger's full year results today, chief executive Brian Benari ...

Indigenous super on Canberra agenda

DARREN SNYDER  |  MONDAY, 17 AUG 2015
Eliminating excessive red tape between superannuation funds, government agencies and indigenous Australians will be a priority when a working group meets with politicians in Canberra this week. Members of the Indigenous Superannuation Working Group ...

One down, two to go

BENJAMIN ONG  |  MONDAY, 17 AUG 2015
Following on from China's "rule of three", the ECB has three of its own. The minutes of the European Central Bank's (ECB) 15-16 July meeting revealed the three things that are keeping the governing council members awake at night - Greece, China and ...