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Showing 3551 - 3560 of 4543 results for "Michael"

Perennial adds to smaller companies division

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
Perennial Value Management has appointed Andrew Smith to senior analyst of the firm's smaller companies division. Smith previously worked at small cap researcher, Linwar Securities, as head of research and prior to that, worked at Tyndall within its ...

Wash sales left to dry: GMK Centric

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
Financial planners, accountants and individual investors could face massive fines if they promote the use of 'wash sale' strategies to gain a tax break for their clients, warns chartered accountancy GMK Centric. A wash sale is when an investor buys ...

State Super awards $39m property mandate

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
State Super has awarded Franklin Templeton a $39.2 million global direct property mandate in line with the super fund's strategy to invest in more overseas assets. Martin Drew, State Super chief investment officer, said the mandate is not a typical ...

Praemium raises $8m working capital

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
Listed portfolio administration provider Praemium Limited has received an $8 million cash injection to fund the firm's future working capital. The firm issued 20 million new ordinary shares at 40 cents per share to institutional and sophisticated investors ...

TOWER net profits up 81pct

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
The life market proves to be big business after TOWER Australia posted a bumper half year net profit after tax increase of 81 per cent to $30.9 million for the six months to March. TOWER Australia's share price increased by 3.8 per cent today on the ...

Global equities to bounce 15pct

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
Global equities could increase by 15 per cent in the next six months thanks to the US Federal Reserve's ongoing actions to stimulate its domestic economy, according to Falkiner Global Investors. James Falkiner, Falkiner Global Investors chief executive ...

Market Wrap - Midday

AAP  |  THURSDAY, 29 MAY 2008
... price index contract was 40 points higher at 5,714 on a volume of 11,061 contracts. Austock Securities senior analyst Michael Heffernan described trade up until noon as a "happier morning than we've had for some time". "It's due to a couple of reasons. ...

Perpetual to review cost base

MICHAEL HOBBS  |  WEDNESDAY, 28 MAY 2008
Perpetual is reviewing its cost base, particularly its employee costs, after the firm posted a drop in funds across its advice and investment arms. Overall, Perpetual posted an operating profit after tax of between $130-140 million at the end of April. ...

Industry funds have mass appeal: Chant West

MICHAEL HOBBS  |  WEDNESDAY, 28 MAY 2008
Most Australians should be invested in industry or public sector super funds, said superannuation research firm Chant West. Ian Fryer, Chant West research manager said a lot of Australians did not seek financial advisers for information and industry ...

ING IM funds high on cash

MICHAEL HOBBS  |  WEDNESDAY, 28 MAY 2008
ING Investment Management is at its "most defensive" preferring to hold nearly a fifth of its allocation in its Managed Growth Super fund and across its fixed income strategies in cash. James Wright, ING Investment Management (ING IM) chief investment ...