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Showing 341 - 350 of 555 results for "Year End"

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
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 super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
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 ...

Life Insurance investment revenue takes a hit

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
... 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 ...

ASIC wants more pay disclosure

MELANIE TIMBRELL  |  THURSDAY, 1 MAR 2012
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 ...

Hedge fund FUM to hit $2.3 trillion by year end

ALEX DUNNIN  |  WEDNESDAY, 29 FEB 2012
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 ...

Cost cutting key for Perpetual in 2012

CLAIRE MCGREAL  |  THURSDAY, 23 FEB 2012
... 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 ...

CBA profits up 19%, wealth mgmt struggles

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
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 outlook mixed, annuities solid

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
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 ...

Bonds, tailored equities and income top ETF picks

ELISE BURGESS  |  FRIDAY, 3 FEB 2012
... 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 ...

Nikkei not nice

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
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 ...