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Showing 4581 - 4590 of 7101 results for "June 2011"

Market Wrap - Midday

AAP  |  TUESDAY, 6 SEP 2011
The Australian dollar was lower at noon, amid quiet trading conditions as market players waited for this afternoon's interest rate decision from the local central bank. At 1200 AEST, the Australian dollar was trading at 105.27 US cents, down from Monday's ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
The Australian market looks set to open lower after European and Asian markets fell overnight. Wall Street was closed on Monday for the US Labor Day public holiday. At 0710 AEST on Tuesday, the September share price index futures contract was down 52 ...

WA adviser receives jail sentence and reparations

RACHEL DAVIS  |  MONDAY, 5 SEP 2011
A Western Australian man has been sentenced to over three years in jail by the Perth District Court, in a case brought by ASIC. A reparation order of $1.7 million was also made. On 26 September 2008, ASIC suspended the Australian financial services ...

Super returns crash below 5%

ALEX DUNNIN  |  FRIDAY, 2 SEP 2011
Super fund median default rolling 12 month returns have crashed down from a rolling 12 month median return of 8.7% at end June 2011 to 4.9% at end July, according to the latest SelectingSuper fund performance survey. Despite the volatility, long-term ...

IOOF combines multi managers and adds director

MATT WOODINGTON  |  THURSDAY, 1 SEP 2011
IOOF will simplify its multi-manager offering by combining its two product suites and closing a number of funds at the end of the month. The diversified financial services group will embed its United Sector Leaders Funds within the IOOF MultiMix suite ...

Northern Trust MD changes hands

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
Paul Cutts, managing director for global custody provider, Northern Trust in Australia and New Zealand, will leave the local role for an international position and will be replaced internally by Rohan Singh. Cutts will be country head for the Channel ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 SEP 2011
The Australian market looks set to open higher after world markets rallied on hopes the US Federal Reserve would respond to mounting signs of weakness in the global economy. At 0750 AEST on Thursday, the September share price index futures contract ...

Fiducian plans further client portfolio buys

MATT WOODINGTON  |  WEDNESDAY, 31 AUG 2011
Fiducian Portfolio Services hopes to add to the $1 million it spent on acquiring client portfolios in the last year, after announcing a 7.8% rise in after tax profit for the financial year ended June 30 2011. Its $4.43 million net consolidated profit ...

Snowball reports 3pc rise in profits following Shadforth merger

ALISON BEVEGE  |  WEDNESDAY, 31 AUG 2011
Financial advisory group Snowball has reported a 3% rise in profit to $26.9 million in its first combined results announcement following the completion of its merger with Shadforth. The two non-aligned groups formed a combined wealth management business ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
Financial planning group Count Financial reported a profit surge of $51.56 million, a 113% increase on the previous corresponding period, in its annual results today. The announcement was expected after the firm issued earnings guidance earlier this ...