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| | | ... market-wide sell-off today," Mr Sada said. "All the sectors are in negative territory today, it's not just one sector." Of the big miners, BHP Billiton lost 18.5 cents to $37.77, Rio Tinto shed 62 cents to $65.03 and Fortescue Metals was three cents ... |
| | | | ... but it requires genuine scale to capture that value." This scale is something that SMSFs lack, he said. But at the moment big funds are not making the most of their advantage by investing in infrastructure - which he described as "a wonderful contributor ... |
| | | | ... strongest performers on Wall Street. The market had also been weighed down by weakness in banking stocks since three of the big four banks - ANZ, Westpac and National Australia Bank - paid out dividends last week. "With the banks now ex-dividend there's ... |
| | | | ... said. Mr Radford said the local market was also weighed down by a fall in bank stocks over the last few days. Three of the big four banks paid out dividends last week, which normally prompts a fall in their share price. In early trade on Wednesday, Westpac ... |
| | | | ... and their superannuation asset pool grows, they will increasingly want to have more control over the investment. "Now, the big super funds want to keep them. They don't want them going to self-managed super funds. So they're going to give them flexibility. ... |
| | | | ... licensees that have changed ownership since the GFC and 80% of affected advisers have gone into advice groups owned by the big six bancassurance groups, reveals the 2013 Rainmaker Financial Planning Report. "The increasing footprint of the large bancassurance ... |
| | | | ... to taper its asset buying program. Mr Daghlian said the gains were widespread across the market on Monday morning with the big four banks and major miners higher. Among the banks, Westpac was up 20 cents to $33.38, ANZ was up 19 cents to $32.90 while ... |
| | | | ... have annual general meetings scheduled. In Australia, the market on Friday fell as weaker commodity prices weighed down the big miners and banking giant Westpac paid out its dividend. The benchmark S&P/ASX200 index was down 21.3 points, or 0.39 per cent ... |
| | | | ... niche funds are doomed and will have to merge - an outcome actively pursued by the government in its Stronger Super reforms. Big funds are no strangers to cooperation, as can be seen with the success of IFM Investors. |
| | | | The Australian market has opened lower following offshore falls including on Wall St. The trend of good news for the world's biggest economy prompted a fall in stock values with better-than-expected US gross domestic product (GDP) growth of 2.8 per ... |
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