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Showing 4091 - 4100 of 4839 results for "EAC"

Putnam hoists money guaranty flag

RUTH LIEW  |  FRIDAY, 3 OCT 2008
Putnam Investments has joined the US Treasury's money market guaranty program in a bid to protect its shareholders' assets. The board of trustees of Putnam Funds authorised the firm's participation in the program late last month. The program provides ...

Lifeplan keeps it in the family

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
Lifeplan Funds Management developed a way for financial advisers to manage the wealth that is passed on to the next generation when a client dies. The retail funds management firm's NextGen Wealth Preserver is structured so the client's funds, upon ...

US Senate passes bail-out 74 to 25

ALEX DUNNIN  |  THURSDAY, 2 OCT 2008
The bail-out legislation has been overwhelmingly approved by the US Senate, but the bigger test will be the congressional vote tomorrow, which isn't expected to get such a smooth ride. This morning Australian time, the Senate voted in favour of the ...

Head or tails?

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2008
Heads, you lose US$1 trillion. Tails, you lose US$700 billion. This is the stark choice that stares the US Congress in the face after seeing the market pandemonium that followed their rejection of the Treasury/Federal Reserve's bail-out package. Relative ...

Govt breathes new life into RMBS

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
The Rudd Government's move to set up a government-sponsored mortgage body and invest in $4 billion of Australian residential mortgage-backed securities (RMBS) should reinvigorate the ailing RMBS market and re-instate it as an attractive asset class ...

Qantas Super unveils monthly CIR

RUTH LIEW  |  TUESDAY, 30 SEP 2008
The $6.6 billion Qantas Super has introduced monthly credited interest rates to compliment its monthly investment switching schemes. According to the latest Qantas Super newsletter to its members, the corporate fund is now using monthly CIRs to align ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
Australia may be a small country but it took Prime Minister Kevin Rudd's 2,700 word speech to the United Nations on Friday to articulate a way out of the global financial mess. The speech was in contrast to US Treasury secretray Henry Paulson's widely ...

AIST calls for higher co-contribs

MICHELLE BALTAZAR  |  THURSDAY, 25 SEP 2008
Australians have received $205 million more in superannuation co-contributions from the Federal Government this year compared to last year, adding to the more than $3 billion in funds received since the scheme was introduced - but a leading industry ...

Nestle shuffles asset allocations

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Corporate fund Nestle Australia Group Superannuation Fund has revised the asset allocations of its conservative and high growth options following a review of its investment structure. Among the changes were a 2 per cent increase in Aussie equity to ...

More than 50 funds 'on hold' after shorting ban

RUTH LIEW  |  TUESDAY, 23 SEP 2008
An S&P fund analyst said the ratings house's decision to put 57 funds on hold is "the best course of action" following the recent ban on short selling. Simon Scott, fund analyst at Standard & Poor's, said the ratings house was in the midst of a long/short ...