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| | | The former directors of Australian Capital Reserve have been given prison sentences on ASIC charges of false or misleading statements in the company's accounts and a prospectus. The three directors will serve their terms through Intensive Correction ... |
| | | | Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011. Latest quarterly super performance figures from APRA show an increase of $23.8 ... |
| | | | ... which rose again to $8.06 bn in the December 2011 quarter alone. Net profit after tax was down by 1.25 % for the December year end from the previous year, standing at $2.61 bn. Total expenses, including net policy, operating, effective movement in net ... |
| | | | Companies need to up their game on executive and director remuneration disclosure, according to the Australian Securities and Investments Commission. A review of 50 remuneration reports from 300 of Australia's largest companies for the year ended June ... |
| | | | A Deutsche Bank survey of global hedge fund managers finds they expect their combined FUM to climb to $2.3 trillion by the end of 2012. Driving the expectations are institutional investors, HNW and Family Offices looking for investment performance in ... |
| | | | ... these items, underlying profit after tax was $34.7 million, down 15% on the same time in 2010, but up 9% to financial year end 2011. Commenting on the figures, head of Perpetual, Geoff Lloyd highlighted cost reduction, growth strategy and the reinvigoration ... |
| | | | The CBA has recorded a statutory net profit after tax for the half year ended Dec 31 2011 of $3.624 billion, a 19% increase on the previous corresponding period, in a strong result unaided by its wealth management arm which recorded a loss. The Commonwealth ... |
| | | | Macquarie Group's annuity-style businesses are expected to return 20% higher net profit contribution for FY12 on last year's results, yet not all results were positive as the firm released its moderate outlook and plans for a share buyback. In an update ... |
| | | | ... positive net inflows each month in 2011, and we think we'll see as much as $500 million in the Australian Bond ETF market by year end," said Amanda Skelly, director of ETFs at Russell Investments. As part of this ETF-product influx, Russell is also predicting ... |
| | | | Japanese equities started 2012 on the right foot with the Nikkei-225 index up by more than 4.0% in January. It is also now 7.9% above last year's low of 8,160.01 points. Viewed in this light, Japan's stock market appears to be in the mend. However ... |
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