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Showing 3311 - 3320 of 5917 results for "March 2011"

Super assets hit $1.6 trillion, investment returns at 4-year high

ALEX DUNNIN  |  THURSDAY, 22 AUG 2013
Superannuation assets surged 15.5% last financial year to reach $1.6 trillion, reveals the regulator APRA in its just released June report. The pace of the asset surge corresponds with the super fund industry achieving its best investment returns in ...

Liquidnet appoints sales manager for Australia

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
Trading network Liquidnet has appointed a sales and relationship manager in Australia to manage the growing demand for the company's pool of liquidity to source and execute block trades As Liquidnet sales and relationship manager, Tristan Baldwin will ...

Investment income fuels life insurance sector

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Federal Court of Australia has determined that "a substantial wrong" occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by ...

Henderson announces record profits

JAMES FERNYHOUGH  |  FRIDAY, 9 AUG 2013
Henderson Group Plc, the holding company of London-based investment manager Henderson Global Investors, has announced record profits of A£101.1 million (172 million) before tax in its interim report. This compares to before tax profits of A£82.8 million ...

Partnership gives local access to global hedge fund giant

MARK SMITH  |  THURSDAY, 8 AUG 2013
A new distribution partnership between BNP Paribas Investment Partners Australia (BNPP IP) and Permal Group allows Australian investors access to the global alternative asset manager's funds. Through BNPP IP investors can access the Permal and Jubilee ...

Strong returns put UniSuper back in the black

ALEX DUNNIN  |  TUESDAY, 6 AUG 2013
Strong investment returns from rebounding capital markets have strengthened UniSuper's balance sheet sufficiently to enable the fund trustee board to announce they no longer need to consider reducing members' benefits to maintain the fund's solvency. ...

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Communication with the whistleblowers who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document ...

Most planners are aligned, consumers think otherwise

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
In an environment of increasing industry concentration, most financial advisers belong to an aligned dealer group, but their clients seem to think otherwise. About 28% of financial advisers belong to an independent dealer group and their funds under ...

Nikko consolidates Asian growth with key appointments

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
Tyndall Asset Management parent Nikko Asset Management has made key appointments as part of its Asian growth strategy. In Singapore, Winson Fong will be head of China strategies at Nikko AM Asia, Shivaz Rai joined as investment director for Asian fixed ...