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Showing 5021 - 5030 of 7103 results for "June 2007"

AvSuper takes legal action against big fund

RUTH LIEW  |  THURSDAY, 19 AUG 2010
Canberra-based super fund AvSuper Pty Ltd (AvSuper) has lodged legal proceedings against Commonwealth Managed Investments Limited (CMIL) and Colonial First State Property Limited (CFSPL) over the meaning of an agreement regarding the super fund's entitlements ...

452 Capital mandates at risk

RUTH LIEW AND JOHN MCDULING  |  THURSDAY, 19 AUG 2010
The impending departure of three senior executives from boutique fund manager 452 Capital sent shockwaves through the investment community late yesterday, with super funds heavily exposed to the manager reconsidering their investment mandates. In a ...

AMP books 4.4pc rise in profits, AUM stable

JOHN MCDULING  |  THURSDAY, 19 AUG 2010
AMP Limited has posted half year underlying profits of $383 million, up 4.4 per cent compared to last time, buoyed by stable earnings from its insurance and wealth management arms. The company declared an interim dividend of 15 cents per share, 60 per ...

Ipac boosts insurance-related investments

MICHELLE BALTAZAR  |  WEDNESDAY, 18 AUG 2010
Ipac Asset Management plans to have as much as a 25 per cent allocation within its alternatives growth portfolio devoted to insurance-related investments, and backs the strategy with a $50 million seed investment into a newly-launched catastrophe insurance ...

DKN prepares for big reforms ahead

ELISE BURGESS  |  WEDNESDAY, 18 AUG 2010
DKN chief executive Phil Butterworth said the financial services group is well positioned to benefit from new reforms in the industry after posting a 23.4 per cent underlying profit increase to $7.64 million in the year to June. The financial services ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 AUG 2010
The Australian market has received mixed leads from overnight trade offshore. Wall Street indices were flat to marginally higher, whilst metals were higher, but oil was slightly lower. At 0739 AEST on the Sydney Futures Exchange, the September share ...

Market Wrap - Morning

AAP  |  MONDAY, 16 AUG 2010
The Australian share market has received overall negative leads from offshore trading over the weekend. Wall Street indices were slightly lower, and most metals and oil also were down. European markets were middling. At 0721 AEST on the Sydney Futures ...

Market Wrap - Midday

AAP  |  THURSDAY, 12 AUG 2010
The Australian stock market was weaker at noon after a poor performance on global markets overnight and a lift in the domestic unemployment rate. The market also took a dim view of weak profit results from Telstra and Qantas. At 1211 AEST, the benchmark ...

Great Southern legal battle continues

ELISE BURGESS  |  THURSDAY, 12 AUG 2010
Macpherson + Kelley Lawyers are progressing with their legal campaign against Great Southern, filing with the Victorian Supreme Court further allegations through a class action against the collapsed agricultural investment scheme manager. Formerly a ...

Wealth mgmt earnings boost CBA results

JOHN MCDULING  |  THURSDAY, 12 AUG 2010
Wealth management continues to be a significant contributor to Commonwealth Bank's profits, with the division posting double-digit earnings growth in the group's results released yesterday. For the full year ending June 30, the business reported cash ...