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Showing 3361 - 3370 of 5922 results for "March 27"

Retail managed funds' fortune set to slide

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
Retail managed funds grew by 4.5% in the March quarter, but this growth is likely to be undone by a poor June quarter, according to figures released by Plan For Life Actuaries & Researchers. Overall retail managed funds grew by $24 billion in the first ...

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The launch of the ASX Managed Funds Service (AMFS) - informally known as AQUA II - may be on the horizon following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). Widely seen as an alternative to big ...

CIO confidence slumps to nine-month low

MARK SMITH  |  FRIDAY, 14 JUN 2013
Chief investment officer (CIO) confidence levels have fallen to levels last seen in September 2012, according to the Financial Services Council (FSC)'s latest Chief Investment Officer Index. In the June quarter, the index stood at seven from a range ...

FUM breaks through pre-GFC barrier

ALICE URIBE  |  THURSDAY, 13 JUN 2013
It's taken five long years but Australia's funds under management (FUM) market has finally recovered all the FUM that was lost during the global financial crisis. Research released by the Rainmaker group in their March 2013 Roundup report reveals the ...

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices. Publicly listed companies Babcock & Wilcox, Fluor ...

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
Industry Funds Management (IFM), which oversees $44 billion in assets, is ready to set a date for its wide-ranging fee reduction, almost two years after announcing a pricing review. The Global Pricing Review was first announced in November 2011 and ...

SME with accountant advice are more successful: research

LAURA MILLAN  |  THURSDAY, 6 JUN 2013
Small and medium enterprises (SME) using their accountants as advisers are more likely to achieve financial success, according to MYOB Business Monitor research. The March 2013 MYOB Business Monitor found that 21% of SMEs with an advisory relationship ...

TASA necessary for customer protection: accountants

LAURA MILLAN  |  WEDNESDAY, 5 JUN 2013
The Institute of Public Accountants (IPA) is supporting the Tax Agent Services Act (TASA) scheduled to be voted on today in the House of Representatives. The IPA said that the measure will give Australians the necessary consumer protection when it comes ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 JUN 2013
The Australian market looks set to open lower after a mixed performance on international markets overnight. At 0810 AEST on Wednesday, the June share price index futures contract was down 19 points at 4,879. In economic news on Wednesday, the Australian ...

Market Wrap

AAP  |  MONDAY, 3 JUN 2013
The Australian share market is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 0735 AEST on Monday, the June ...