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Showing 451 - 460 of 686 results for "AL Capital"

Super fund returns fall again in September

MARK SMITH  |  WEDNESDAY, 4 NOV 2015
The SelectingSuper workplace default option MySuper Index fell again during September with the 12 month rolling performance sliding during the month from 6.5% to 6.0% by month's end. This drop in rolling annual returns was on the back of the 3.0% fall ...

ANZ completes $720m capital raising

STAFF WRITER  |  MONDAY, 14 SEP 2015
ANZ has announced it has completed its $720 million share purchase plan offer. The bank's statement to the ASX said it will "accept all eligible applications and issue approximately $720 million of ANZ shares at $26.50 per share." The offer was originally ...

PROFILE: Magellan chief investment officer Hamish Douglass

MARK SMITH  |  WEDNESDAY, 9 SEP 2015
Magellan Financial Group has outgrown its 1960s office block on Sydney's Castlereagh Street and co-founder Hamish Douglass is looking for new premises. But the manager of the highly successful Magellan Global Fund is worried the sites he's been shown ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
The Australian Institute of Superannuation Trustees (AIST) has released a framework for selecting default post-retirement products that attempts to eliminate a one-size-fits-all approach. Launched at the AIST Australian Superannuation Investment conference ...

Liquidator appointed in suicide case

MARK SMITH  |  TUESDAY, 25 AUG 2015
ASIC has appointed a liquidator for six investment management companies linked to a Perth-based promoter, who is believed to have taken his own life after defrauding investors for years. The Federal Court of Australia has made orders appointing EY partner ...

Blue Sky delivers 68% profit as alternatives rally

LAURA MILLAN  |  MONDAY, 24 AUG 2015
Blue Sky Alternative Investments has reported record profit and assets under management as investors find growth in alternatives. The manager reported an underlying net profit after tax of $10.4 million for the year to 30 June 2014, 68% up from $6.2 ...

In wealthy Australia, philanthropy is the biggest loser

LAURA MILLAN  |  WEDNESDAY, 19 AUG 2015
Australia has experienced record growth rates and its population is wealthier than ever, but philanthropic giving is now lower than it was 30 years ago. Taxpayers are giving an amount equivalent to only 0.57% of GDP, compared to their counterparts in ...

Equip appoints digital specialist to board

MARK SMITH  |  FRIDAY, 31 JUL 2015
Equip has appointed an executive with experience leading digital media and marketing ventures as its new member director. Pippa Leary started in the role on 17 July 2015. She is also chief executive officer of digital advertising company Apex Premium ...

China impossible to ignore for asset managers

DARREN SNYDER  |  WEDNESDAY, 22 JUL 2015
Vanguard Asia-Pacific head of investment strategy group, Jeffrey Johnson, said China is a market that is impossible for investors to ignore despite its economy continuing to slow. Speaking at an Australian Institute of Superannuation Trustees (AIST) ...

Big four prepared for APRA capital adequacy changes

ALEX BURKE  |  MONDAY, 20 JUL 2015
Australia's big four banks have commented on APRA's announcement that it would increase capital adequacy requirements for residential mortgage exposures. APRA's change means that the risk weight on residential mortgage exposures for Australian deposit-taking ...