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Showing 441 - 450 of 662 results for Michelle Baltazar

LaSalle raises $400m in Mexican fund

MICHELLE BALTAZAR  |  TUESDAY, 5 MAY 2009
The swine flu may have put a dampener on Mexico's local economy but that hasn't stopped LaSalle Investment Management from successfully raising $400 million in a fund that invests in Mexico's real estate market. LaSalle Mexico Fund was closed this month ...

Mobile phone banking on the way

MICHELLE BALTAZAR  |  TUESDAY, 5 MAY 2009
Technology firm Sybase is hoping to pioneer the mass take-up of mobile phone banking in Australia following its successful roll-out of the same technology in Austria and Germany - with a local deal likely in the next 12 months. In 2001, paybox Austria ...

Shareholder claims hike D&O costs

MICHELLE BALTAZAR  |  MONDAY, 4 MAY 2009
Financial services companies face higher directors and officers (D&O) insurance costs as the number of securities class actions rise, another unwanted outcome of the credit crisis where more shareholders sue failed companies. At a time when many financial ...

Macquarie funds down, cash up

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
Macquarie Group has posted a 52 per cent fall in full year profits to $871 million with key investment divisions all reporting a fall in revenues due to the global financial crisis - but the silver lining was the growth of its retail financial services ...

FPA recommends fee-for-service advice

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
In a day that marks a new chapter in the financial services sector, the Financial Planning Association (FPA) has recommended to the government that the standard remuneration model for advice should be fee-for-service, citing that the "commission-based ...

Instreet a hit with planners

MICHELLE BALTAZAR  |  THURSDAY, 30 APR 2009
Sydney-based boutique firm Instreet Investment raised nearly twice its initial target of $20 million in an Australian equities product that taps into planner demand for "certainty" in the midst of the global financial crisis. The asset manager celebrates ...

Pockets of income in property

MICHELLE BALTAZAR  |  WEDNESDAY, 29 APR 2009
GDI Property Group notched a bargain when it purchased a CBD office centre known to Adelaide locals as the Black Stump - a landmark building that will underpin a new fund that promises a regular income distribution of at least 10 per cent per annum. ...

MLC takes earnings hit

MICHELLE BALTAZAR  |  TUESDAY, 28 APR 2009
NAB-owned wealth management arm MLC reduced its workforce by 5.4 per cent in the six months to March as bad markets and lower management fees took their toll on half-year earnings. In an ASX half-year statement released this morning, NAB announced that ...

Australian equities need more PR

MICHELLE BALTAZAR  |  MONDAY, 27 APR 2009
Listed Australian companies can do more to convince overseas fund managers and pension funds to invest in the local market, with some prospective investors complaining of inadequate company websites and substandard investor relations. Local fund managers ...

Timbercorp calls in administrators

MICHELLE BALTAZAR  |  THURSDAY, 23 APR 2009
One of the country's largest agribusiness managers, Timbercorp, is the latest victim of the market crisis, calling in the administrators after efforts to sell some assets to repay debts on time failed. Timbercorp's revenue prospects have been hurt by ...