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Showing 4501 - 4510 of 6251 results for "December 2002"

NZ Super axes AXA Rosenberg mandates

MICHELLE BALTAZAR  |  THURSDAY, 11 FEB 2010
New Zealand's sovereign fund withdrew two long-standing mandates with AXA Rosenberg. Today the guardians of the $13 billion (NZ$16 billion) NZ Superannuation Fund has terminated the small-cap equity mandate, which AXA Rosenberg held since 2004, and ...

ACCC seeks more info on AMP and NAB bids

ACCC RELEASE  |  THURSDAY, 11 FEB 2010
The Australian Competition and Consumer Commission (ACCC) is seeking more information on the competition issues identified during their research of the separate proposed acquisitions by AMP and NAB of AXA Asia Pacific. The ACCC has invited further submissions ...

ASIC blocks Tankstream

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
ASIC has issued final stop orders on unsolicited offers made by Tankstream Funds Management to investors in 16 unlisted Centro MCS property syndicates. The orders follow Tankstream making a series of unsolicited offers for up to 50 per cent of the interests ...

CFS platforms gain $1.9bn net flows

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
Colonial First State's investment platforms, FirstChoice and Custom Solutions, recorded positive net flows of $1.9 billion for the half year to December 2009, according to the bank's interim numbers. Colonial First State's underlying profit after tax ...

Property developer gets jail sentence

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges. Saunders of Orange, New South Wales, was sentenced ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 FEB 2010
The Australian share market received positive leads from offshore markets, with Wall Street closing higher and commodities and metals prices firmer. At 0815 AEDT on the Sydney Futures Exchange, the March share price index contract was up 40 points at ...

GMO head of Aussie equities departs

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
Ric Suvak has left his role as head of Australian Equities at GMO Australia this week for undisclosed reasons - leaving more than $4 billion of funds under management to a member of the group's domestic equities team. Geoff Wells, who was previously ...

Asia unseats South Africa in gold race

RUTH LIEW  |  TUESDAY, 9 FEB 2010
Indonesia, Tanzania and China reported the fastest growing output for gold last year - usurping South Africa, once the world's largest gold producer, which saw its production levels drop 5 per cent, according to a precious metals expert. British research ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
"Absolutely not!" "That will never happen to this country." This was US Treasury Secretary Timothy Geithner's when ABC News asked if he was concerned over a possible downgrade of America's credit rating. Worries about the US credit rating made the headlines ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 FEB 2010
The Australian stock market has received a mixed set of leads from overseas markets, with Wall Street's main indices themselves mixed but oil and metals prices higher. At 0650 AEDT the on the Sydney Futures Exchange, the March share price index contract ...