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Showing 3841 - 3850 of 7101 results for "June 2011"

ASIC concerned about PDS font size, consumer warnings

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
The Australian Securities and Investments Commission (ASIC) is concerned that some providers are adapting to the new shorter product disclosure statement (PDS) by reducing the font size and has solved the issue by establishing the minimum font size ...

SMEs to pay employees super contributions online

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
Small and medium sized businesses will be able to use the Commonwealth Bank MySuper product online administration to pay employee superannuation contributions. Commonwealth Essential Super, the bank's MySuper product, is available online via NetBank ...

QIC wins AustralianSuper US property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 20 NOV 2013
AustralianSuper has appointed direct property fund manager QIC to manage its US retail property investments. As of June 2013, AustralianSuper already had $1.1 billion in pooled investments with the Australian investment manager, which specialises in ...

Insurance profit falls 25% in 2013

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
Insurance companies' results for the twelve months to September 30, 2013, reflect the struggle that the industry is going through at the moment, with a 26.5% fall in net profit after tax in the last 12 months. The net profit after tax stood at $2.2 ...

Standard Life Inv GARS fund recommended by Lonsec

MARK SMITH  |  TUESDAY, 19 NOV 2013
Standard Life Investment's Global Absolute Return Strategies Trust (GARS) has been given a 'Recommended' rating by Lonsec. The multi-asset fund aims to deliver a positive absolute return over the medium to long-term in all market conditions. It invests ...

AUI plans property trust merger

STAFF WRITER  |  MONDAY, 18 NOV 2013
Australian Unity Investments (AUI) will allow investors to vote on a potential merger between Australian Unity Fifth Commercial Trust (FCT) and the larger, more diversified, Australian Unity Office Property Fund (OPF). OPF is an unlisted property fund ...

CIO exit forces Bedlam closure

MARK SMITH  |  FRIDAY, 15 NOV 2013
Bedlam Asset Management has been forced to close following the surprise departure of chief investment officer Ian McCallum. According to a note published on the London-based fund manager's website, McCallum left "without warning" to take up a role in ...

Half of all SMSF assets in retirement phase

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
Around half of $506 billion held in self-managed superannuation funds (SMSFs) are in retirement assets, according to new research from DEXX&R. According to the research house's report, $296 billion is currently held in the retirement phase, supporting ...

GSAM launches flexible global bond fund in Australia

MARK SMITH  |  FRIDAY, 8 NOV 2013
Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Global Strategic Bond Fund for Australian investors. The Australian dollar-based strategy is designed to provide income and total return through exposure to a broadly diversified portfolio ...

AMP seeks to raise $200 million with debt issue

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
AMP is seeking to raise $200 million through the launch of new subordinated and unsecured debt securities on the Australian Securities Exchange (ASX). Known as AMP Subordinated Notes 2, the new instruments were intended primarily to finance existing ...