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| | | The world credit crisis has drawn blood from another victim, with New Zealand Superannuation Fund posting a loss of $568 million or 4.92 per cent for the year ended 30 June 2008. The 4.92 per cent figure was the fund's net return on investment for the ... |
| | | | Cuscal has reported an operating profit after tax of $18.7 million for the year ending 30 June - marking a year of continued growth as the firm expands its services in the superannuation sector. The $18.7 million figure marks its fifth consecutive years ... |
| | | | Investment consultants like to keep their performance numbers strictly for clients' eyes only but Frontier, which advises on $97 billion of superannuation assets, broke convention when it publicly revealed its results this year - the first time it's ... |
| | | | Challenger Financial Services Group chief executive Mike Tilley is stepping down just as the group announced today that its funds under management dropped 19 per cent in the last financial year. According to a statement on the Australian Securities ... |
| | | | Boutique wealth manager Plan B's full year results were not as stellar as the numbers in the half year although the company still managed to meet its earnings target and dish out higher-than-planned dividends for shareholders. Six months ago, Plan B ... |
| | | | The Salisbury Group is rapidly recruiting financial planning practices to its repertoire, recently adding 11 new businesses into its fold. TSG recently announced it had experienced "another successful year and achieved its profit, recruiting and business ... |
| | | | The $246 billion California Public Employees' Retirement System is expected to post losses of 2.4 per cent for the end of this financial year, an enviable performance if compared to the average 6.4 per cent loss of local super funds. Preliminary estimates ... |
| | | | ... to fill the role. Sweeney will leave the company once a successor has been found, which the group expects to do so by year end. "In the eight years of Jonathan's tenure, Trust has grown beyond recognition," said Trust chair Bruce Corlett. "The company ... |
| | | | ... which had hampered overall performance. "If you look at the All Industrials, this index was down 26.7 per cent at the year end 30 June. If you compare that to a quarterly basis, the All Industrials was down to 30 June, 10.8 per cent yet the All Resources ... |
| | | | ... said. "While we are down 16 per cent from last year's financial year it is a nice to see the last day of the financial year end of such a positive note. "The next financial year will be decidedly better." BHP had gained 88 cents or 2.05 per cent, to ... |
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