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Showing 4821 - 4830 of 6254 results for "December 3"

Real estate under threat

RUTH LIEW  |  WEDNESDAY, 11 FEB 2009
Real estate could soon be a threatened asset class if property fund managers are not transparent about the sales and devaluation of their funds, says a US property investment expert. The slow trickling of cash flows into the global REITs sector has ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 FEB 2009
The Australian share market is likely to open flat as Wall Street awaits details of the US government's overhaul of a $US700 billion ($A1.04 trillion) financial rescue program. At 0700 AEDT on the Sydney Futures Exchange, the March SPI futures index ...

No mandate terminations: Hostplus

RUTH LIEW  |  MONDAY, 9 FEB 2009
The $7 billion industry fund Hostplus has no intentions of terminating any of its investment mandates despite the losses it suffered on them last year. Sam Sicilia, chief investment officer of Hostplus, said the industry fund is not actively looking ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... strongest week since the first week of 2009 in spite of reports that the unemployment rate increased to 7.6 per cent in December - the highest since 1992. The Nasdaq rallied by 7.8 percent over the week, the S&P 500 by 5.2 percent and the Dow by 3.5 ...

Focus on the good

BENJAMIN ONG  |  FRIDAY, 6 FEB 2009
Whew! Finally a bit of good news. Or rather investors chose to see the good rather than the bad. US equities closed last night's trading up more than 1 per cent, reversing early losses brought on by reports that initial jobless benefit claims jumped ...

Macquarie targets funds mgmt acquisitions

JOHN KAVANAGH  |  THURSDAY, 5 FEB 2009
Macquarie Group is aiming to take advantage of anticipated divestments of wealth management businesses by its global banking and investment banking rivals to bulk up in funds management. Macquarie Funds Group (MFG) head Shemara Wikramanayake told analysts ...

ASIC blocks $2m Storm bonus

MEDIA RELEASE  |  THURSDAY, 5 FEB 2009
The Australian Securities and Investments Commission (ASIC) has obtained a court order preventing a payment of $2 million from Storm Financial to a bank account in which is held by Emmanuel and Julie Cassimatis. The sum was transferred from a Storm ...

LUCRF lowers pension fees

RUTH LIEW  |  THURSDAY, 5 FEB 2009
The $2.4 billion LUCRF Super has slashed its fees for all its pension members from 0.9 per cent to as low as 0.2 per cent. According to a statement by the industry fund, the move comes amid plans to align LUCRF Pensions fees with its superannuation ...

Merry Christmas retailers

BENJAMIN ONG  |  THURSDAY, 5 FEB 2009
Well there we have it ladies and gentlemen. Yesterday's Australian retail sales figures have swung the pendulum in favour of Kevin 07 and his fiscal stimulus package. The Federal Opposition has been making noises ever since the A$42 billion was first ...

Double Bay brokers banned

MICHAEL HOBBS  |  WEDNESDAY, 4 FEB 2009
The Australian Securities and Investments Commission (ASIC) banned Double Bay - based Phillip Dryer and Colin Littlemore from providing financial services for four years after the regulator found they were operating without a licence. The regulator ...