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Showing 4611 - 4620 of 7101 results for "June 2011"

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
"Don't push me cause I'm close to the edge I'm trying not to lose my head, ah-huh-huh-huh" - The Message by Grandmaster Flash and the Furious Five Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds ...

Perpetual divests to focus on international equities

ELISE BURGESS  |  TUESDAY, 16 AUG 2011
Perpetual Limited has closed its in-house manufacturing of their International Share funds (funds) in Ireland and moved across the Atlantic to US firm, Wellington Management Company. A review of the firm's market demand, profitability and alignment ...

Resolution Capital opens US office with senior hire

RACHEL DAVIS  |  TUESDAY, 16 AUG 2011
Resolution Capital has expanded its investment team with the appointment of a senior portfolio manager to be based in New York. Robert Promisel has joined Resolution Capital, a specialised manager of global real estate securities, as a global portfolio ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
Superannuation funds want a cost-benefit analysis done on the merits of disclosing their investments in response to a new push by the corporate regulator for greater transparency in the industry. The Australian Securities and Investments Commission ...

Pensioner inflation hits 4.5%

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Pensioner living costs are up 4.5% for the past 12 months, compared to regular inflation for the general population which is up only 3.6% over the same period. The Australian Bureau of Statistics June 2011 Pensioner and Beneficiary Living Cost Index ...

China demand for Australian resources to fall: JP Morgan

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
Chinese demand for Australian resources was likely to fall, investment bank JP Morgan said yesterday. Jing Ulrich, chair of global markets, China, for JP Morgan, said China had to contend with imbalances in its economy in the medium to long term. Speaking ...

Future Fund posts higher returns, chairman warns of volatility

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... reduced its Australian equities exposure in percentage terms (excluding Telstra) from 11.8% at June 30, 2011 to 11.2% last June - however the holding increased in dollar terms from $7.46 billion to $8.28 billion over the same time period. After recent ...

Wealth performs steadily as CBA profits soar

MATT WOODINGTON  |  WEDNESDAY, 10 AUG 2011
Commonwealth Bank of Australia's wealth management division reported after tax net profit of $642 million for the financial year ended June 30 2011, while the wider group netted a 12% cash profit boost. Wealth Management had net operating income of ...

Bond broker targets WA planners

MATT WOODINGTON  |  WEDNESDAY, 10 AUG 2011
Fixed income broker FIIG Securities has opened an office in Perth to provide bond investment services to financial planners in Western Australia. FIIG, which has over $6 billion in term deposits under advice, will give WA planners access to short term ...

Market Wrap

AAP  |  TUESDAY, 9 AUG 2011
Australian stocks were dumped at the start of trade on Tuesday, as the wave of selling during overnight offshore trading swept onto local shores. At 1027 AEST, the benchmark S&P/ASX200 index was down 151.6 points, or 3.80 per cent, at 3,834.5 points ...