Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4301 - 4310 of 6940 results for "% December"

Upside surprises to surprise on the upside

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2012
Is this what the other side looks like? 'Twas exactly a week ago today that financial markets suffered an attack of the jitters as all things dark and gloomy flashed before their eyes. You, I and Irene remember that day oh so well. The day there was ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 MAR 2012
The Australian market looks set to open higher after strong gains on Wall Street on robust German economic data and stronger than expected US retail figures. At 0705 AEDT on Wednesday, the March share price index futures contract was up 43 points at ...

Investment FUM nears $1.4 trillion

ALEX DUNNIN  |  TUESDAY, 13 MAR 2012
The Australian sourced investment management market climbed 1.9% during the December 2011 quarter to $1.370 trillion, Rainmaker has revealed in its latest Roundup report. Annual growth was negative 1.6%, resulting in FUM still being below the pre-GFC ...

What Wen wants, Wen gets, when Wen wants

BENJAMIN ONG  |  TUESDAY, 13 MAR 2012
It was another ho-hum day in the financial markets overnight. It was an unspectacular boring day, no matter how much the finance and investment commentariat would like to have you believe otherwise. The general thrust of cyber reports were that equities ...

BlackRock appoints head of strategy group

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
BlackRock has appointed former J.P. Morgan Private bank executive Joseph Pacini head of Alternative Investors Strategy Group, Asia Pacific ex-Japan. Based out of Hong Kong, Pacini will take responsibility for the firm's alternatives business across ...

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
The former directors of Australian Capital Reserve have been given prison sentences on ASIC charges of false or misleading statements in the company's accounts and a prospectus. The three directors will serve their terms through Intensive Correction ...

Second exposure draft on IMR laws released

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
A revised draft of the Investment Manager Regime legislation has been released, following stakeholder feedback on the initial proposals designed to alleviate perceived tax disincentives on foreign managed funds investing in Australia. The Government ...

AMP expands network with Futuro acquisition

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
AMP has taken a 10% minority stake in independent adviser group Futuro Financial Services, with the intention of achieving full ownership within five years. The transaction will take place in three stages with Futuro continuing to operate under its ...

Total super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011. Latest quarterly super performance figures from APRA show an increase of $23.8 ...

Life Insurance investment revenue takes a hit

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
Investment revenue in the life insurance sector nose dived last year, with latest APRA figures putting the total at $1.63 bn compared to $11.33 bn the previous year. In its quarterly stats for the industry to the year ending 31 December 2011, the regulator ...