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Showing 3361 - 3370 of 5511 results for "September 2008"

Qantas Super makes delayed fund departure

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
Qantas Super has sold its 50% stake in value manager Constellation Capital, three years after deciding it wanted to exit the business. In September 2008, Qantas announced plans to sell its private equity stake and withdraw $250 million of investments ...

ASIC obtains Fed Court order to preserve funds

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ASIC has obtained urgent orders from the Federal Court to preserve invested funds in a Brisbane-based mutual fund operating without a licence, according to the regulator. The City Index Australian Mutual Fund operates on the cityindexmutual.com website ...

INGIM cuts jobs before takeover

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ING Investment Management is cutting staff numbers in the lead up to its takeover by UBS Asset Management, with estimates at 36 staff cuts to date. Notice of potential job cuts was given back in June when news of the takeover was announced, with the ...

Global forecast downgraded, Australia strong

RACHEL DAVIS  |  WEDNESDAY, 21 SEP 2011
The IMF's September World Economic Outlook has downgraded its global growth forecasts but has predicted that the Australian economy will grow by 3.3% in 2012, with its forecast for global advanced economies at only 1.9%. The IMF's September World Economic ...

IMF says prepare to buy

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2011
This might be it folks! The one we've all been waiting for - the catalyst, the contrarian indicator to end all contrarian indicators. It's all over the news. No, it's not the credit ratings agencies' - which seemed to have been trigger-happy these past ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 SEP 2011
Australian stocks look set to open higher despite mixed movements on international markets overnight. At 0707 AEST on Wednesday, the December share price index futures contract was 33 points at 4,078. Overnight, the Dow Jones closed just 7.65 points ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 SEP 2011
The Australian market looks set to open little changed - or lower if it follows the slides on international markets overnight. At 0651 AEST on Tuesday, the December share price index futures contract was up 12 points at 4,106. In economic news on Tuesday ...

AvSuper awards double alternatives mandate

MATT WOODINGTON  |  MONDAY, 19 SEP 2011
AvSuper is poised to deliver two $20 million investment mandates to managers for its growth alternatives portfolio and has appointed a new investment officer. The fund is in the process of mandating Coller Capital and Siguler Guff to invest in private ...

Hastings appoints new chief executive

RACHEL DAVIS  |  MONDAY, 19 SEP 2011
Hastings Funds Management, owned by Westpac, has appointed Andrew Day as its new chief executive. Day will begin his role with Hastings on 17 October 2011 and is an experienced chief executive with a domestic and international track record. He was until ...

Waiting and hoping

BENJAMIN ONG  |  MONDAY, 19 SEP 2011
Change is the only constant. Many of you gentle readers would have noticed the change in my stance these past few weeks - not overnight as reader Paul accuse - over the state of the global economy and financial markets. Let me explain why am not in ...