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Showing 4731 - 4740 of 4761 results for "July 2011"

QIC appoints two specialists for $300 million implemented fund

QIC has awarded two specialist small cap mandates to Perennial Value Management and Portfolio Partners as part of its $300 million QIC Implemented Australian Equities Fund. The two mandates complete the manager line-up for the fund that was launched ...

RBA to leave interest rates unchanged predicts ICAP

At least two countries - and possibly as many as five - out of Australia, Canada, the UK, the European Monetary Union (EMU), New Zealand and Sweden will decide to cut interest rates following their monetary policy meetings this week, today's ICAP weekly ...

VFMC appoints Mary McLaughlin, David Slack joins board

Mary McLaughlin is to join the executive team at Victorian Funds Management Corporation (VFMC) effective July 1, it announced today. McLaughlin was formerly portfolio manager with State Street Global Advisors in Sydney and prior to that worked as associate ...

Government appoints Graeme Samuel as chairman of ACCC

Federal Treasurer Peter Costello has announced the appointment of Graeme Samuel as the chairman of the Australian Competition and Consumer Commission (ACCC) from July 1 for a period of 12 months. Costello said the position of chairmanship of the ACCC ...

Tower announces half year loss of $136.95 million

Tower has announced a half year loss of NZ$154.4 million (A$136.95 million) and unveiled Guinness Peat Group as a "cornerstone" investor as part of a NZ$200 million capital raising. The capital raising is due to be completed, subject to shareholder ...

Westfield agrees $735.5 million three centre deal with Centro

Westfield Trust (WFT) has agreed on the conditional sale of three properties to Centro for a combined $735.5 million following this morning's announcement from AMP Life that it intended to waive the controversial pre-emptive rights it may have over ...

Rising dollar advances case for interest rate cut: ICAP

The rise of the Australian dollar above the US$0.65 mark represents a significant tightening in financial conditions that may bring the Reserve Bank of Australia (RBA) closer to easing interest rates in the second half of the year, according to Dr Ric ...

Court orders investigation into Queensland mortgage schemes

The Supreme Court of Queensland has appointed two investigative accountants to look into the affairs of Atlantic 3 Financial and its current directors Frederick Acker and Gerilyn Polanski after a successful application by the Australian Securities Investments ...

Morningstar gives Challenger a three-star mortgage rating

Morningtar has awarded three stars to Challenger International's commercial mortgages management. Morningstar said its portfolio construction process is "relatively satisfactory", loan application and assessment processes are "generally sound," although ...

AMP to sell $222 million New Zealand rural lending portfolio

AMP has entered into an agreement to sell its $222 million rural lending portfolio in New Zealand to Rabobank, as part of the embattled company's restructuring strategy announced for AMP Banking on November 14 2002. The sale is due to be completed by ...