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Showing 3491 - 3500 of 7101 results for "June 2011"

LSE to sell Russell Investments

ALEX BURKE  |  MONDAY, 9 FEB 2015
The London Stock Exchange Group (LSE) will sell the investment management arm of Frank Russell Co, which it acquired last year for US$2.7 billion. Following its comprehensive review of Russell Investments - originally announced in June 2014 - it announced ...

Future Generation fund makes $618k for charities

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Future Generation Investment (FGX) will be able to donate $618,000 to charities after six months trading on the Australian Securities Exchange. The philanthropic fund gives investors exposure to 15 funds managed by 14 of Australia's top fund managers ...

Global appetite up, local confidence down

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Appetite for overseas assets has increased by 3% over the last nine months over concerns that the Australian economy will not record healthy growth in the next year, a Certitude Global Investment survey has found. The Certitude Global Investment Intentions ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
The self-managed super fund (SMSF) sector is entering the stage of maturity as benefit payments surpass contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical ...

It's raining jobs

BENJAMIN ONG  |  MONDAY, 9 FEB 2015
... Janet drop the "patient" phrase in March, and then two Federal Open Market Committee (FOMC) meetings thereafter - April then June - lift-off here we come. She told us so. But before this, we'll get a glimpse of the Federal Reserve Chairman's inclination ...

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Suncorp Group has refused to comment on speculation that its chief executive Patrick Snowball will retire from his role and that a successor will be appointed at the end of 2015. "As the Chairman has indicated, it is prudent that the Board has an active ...

ASIC chair discloses travel expenses

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
ASIC chair Greg Medcraft has revealed a $45,000 travel expense budget in the six months to December 2014. This figure includes expenses for Medcraft and his staff, and covers trips to London, Milan and Rio di Janeiro for meetings pertaining to Medcraft's ...

Market Wrap AM

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
The Australian market looks set to open higher after the Reserve Bank cut interest rates to a new record low and oil prices rebounded. At 0837 AEDT on Wednesday, the March share price index futures contract was up 97 points at 5,740. Consumers are waiting ...

Retail funds still unable to match industry fund popularity

LAURA MILLAN  |  TUESDAY, 3 FEB 2015
Industry superannuation funds remain unbeaten when it comes to member satisfaction with their financial performance, a Roy Morgan survey confirms. Industry funds have been ahead of retail funds every month since the Roy Morgan Single Source survey began ...

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
Seems like more and more central banks - big and small - are getting the 'when Harry met Sally syndrome' - "I'll have what she's having". The Swiss National Bank jumpstarted it all with its "surprise" decision to abandon its CHF1.20/euro peg. This was ...