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Showing 3941 - 3950 of 7101 results for "June 2011"

Market Wrap

AAP  |  FRIDAY, 26 JUL 2013
Resource companies are struggling as the Australian market opens flat. The big banks, however, are rallying as financial markets continue to expect an interest rate cut in August. RBS Morgans Ipswich manager Tony Russell said that after several days ...

Perpetual attributes FUM decline to market falls

MARK SMITH  |  FRIDAY, 26 JUL 2013
Perpetual's funds under management (FUM) fell 2.7% in the quarter to 30 June 2013. The fund manager attributed the fall to weaker equity market performance, noting that the S&P/ASX 300 Accumulation index fell 2.8%. On a year-on-year basis, FUM increased ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Tyndall concentrated fund gets Zenith 'recommended' rating

ALICE URIBE  |  FRIDAY, 26 JUL 2013
The Tyndall Australian Share Concentrated Fund has received a 'recommended' rating from Zenith Investment Partners. The fund was launched in May this year to the retail market, by Tyndall AM. However, the strategy underpinning it has a 15-year track ...

Market Wrap AM

AAP  |  FRIDAY, 26 JUL 2013
The Australian market looks set to open flat despite Wall Street finishing higher with surging Facebook shares boosting sentiment. At 0754 AEST on Friday, the September share price index futures contract was down one point at 4,992. No major economic ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

Acorn appoints Asia Small Cap portfolio manager

MARK SMITH  |  THURSDAY, 25 JUL 2013
Acorn Capital has appointed Paul Quah as a portfolio manager/analyst for its Acorn Capital Asia Small Cap Fund. He will be responsible for analysing and selecting stocks in the consumer discretionary sector across all Asian markets excluding Japan. ...

Macquarie expects 2014 profit rise after strong quarter

MARK SMITH  |  THURSDAY, 25 JUL 2013
The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ...

Super fund returns as good as it gets

ALEX DUNNIN  |  THURSDAY, 25 JUL 2013
Super funds on track to deliver average returns for 2012-13 of 15%, the third best in the past 26 years, demonstrate how fund members who kept their nerve after the GFC are now reaping the benefits. The result is based on preliminary analysis of Rainmaker's ...

Market Wrap

AAP  |  WEDNESDAY, 24 JUL 2013
The Australian share market is a little higher ahead of the release of key inflation figures and data from China. CMC Markets analyst Ric Spooner said the market was waiting for the release of Australian consumer price index (CPI) figures for the June  ...