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Showing 3611 - 3620 of 7106 results for "June 2023"

SMSF wind up trend is not real: SuperGuardian

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
Self-managed super fund (SMSF) administrator SuperGuardian has rebuked claims that SMSF trustees are increasingly winding up their funds. The provider argues that Australian Taxation Office (ATO) figures for the five years to June 30, 2013, show that ...

Fund managers: Tide turning in emerging markets

MARK SMITH  |  TUESDAY, 19 AUG 2014
AllianceBernstein and Van Eck Global have joined a growing chorus of fund managers who say the worst is over in emerging markets and now is looking like a good entry point for long-term investors. According to Rainmaker data, the MSCI Emerging Markets ...

China's communist and it works

BENJAMIN ONG  |  TUESDAY, 19 AUG 2014
"As we travel down the road, side by side we'll share the load Hand in hand we'll see each other through." -- Kenny Nolan, "Love's Grown Deep" Not long now, Super Mario Draghi must be beaming with excitement for his upcoming date with Janet Yellen this ...

Legg Mason wins $125m Mercer mandate

MARK SMITH  |  MONDAY, 18 AUG 2014
Global asset manager Legg Mason has been awarded a $125 milllion Australian small companies mandate by Mercer's multi-manager business, Mercer Investments. The company joins Mercer's stable of small company managers after a long period of analysis and ...

Giving through PAFs back to pre-crisis level

MARK SMITH  |  MONDAY, 18 AUG 2014
New donations into tax effective Private Ancillary Funds (PAFs), have risen 16% to $354 million in the year to 30 June, surpassing pre-crisis levels, according to the annual JBWere Giving Trends Report. The total number of PAFs is up 13.5% to 1,246 ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
The average Australian customer of each of the major banks deals with more than four institutions across their full range of financial services. This shows there is little loyalty towards any one institution, Roy Morgan has concluded. Of the ten major ...

Market wrap

AAP  |  FRIDAY, 15 AUG 2014
The Australian share market is higher after a positive week of company results and strong offshore leads. Wall Street's Dow Jones finished 0.37 per cent higher overnight, after jobless claims increased but overall data continued to suggest an improving ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
... management (FUM) stood at $23.5 billion as at 30 June, an increase of 60% year on year. Total retail FUM was $6.7 billion at 30 June (up from $4.5 billion in 2013) and total net retail inflows for the year to 30 June 2014 were $2.1 billion. Total institutional ...

Putin pontificates peace

BENJAMIN ONG  |  FRIDAY, 15 AUG 2014
Is that bad news on your pocket... or you're just happy to see me? Yes Virginia, equity markets are rejoicing as the roll of bad news continued overnight. US initial unemployment claims increased by more than expected to 311K in the week ended 9 August ...

Market Wrap AM

AAP  |  FRIDAY, 15 AUG 2014
The Australian market looks set to follow Wall Street and European markets higher after a slew of disappointing economic reports. At 0803 AEST on Friday, the September share price index futures contract was up 23 points at 5,517. Data showed that US ...