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Showing 5081 - 5090 of 5518 results for "September 2005"

S&P ASSIRT Market Share findings reveal strong inflows for industry

Preliminary finds from Standard & Poor's (S&P) ASSIRT Market Share report reveal strong fund inflows to the manufacturing, platform and retail sector for the December 2004 quarter. The report is based on ASSIRT data from over 65 fund managers and flow ...

Fincorp feels ASIC's displeasure

Financial watchdog ASIC has filed proceedings in the NSW Supreme Court against the heavily publicized Fincorp Investments. ASIC is alleging that Fincorp offered securities under a replacement prospectus, which contained misleading or deceptive statements ...

ING posts strong profit but flags more work ahead

ING Australia has increased its net profit after tax by 52 per cent to $327 million for the year to the end of December however chief executive officer Paul Bedbrook has stated the group has some work remaining ahead of it. Bedbrook says that while ...

QIC suspends two managers

QIC has restructured its $11.3 billion international equities fund - the QIC International Equities fund - which has resulted in a suspension of its US equity mandate with Deustche Asset Management and Japanese equity mandate with Martin Currie Investment ...

Investor Group buys Adelaide boutique practice

Listed financial planning firm Investor Group (IGP) will purchase boutique planning outfit Financial Management Services (FMS) for $1.8 million and integrate it with its Adelaide practice, Prescott Consultants. FMS currently operates under its own dealer's ...

Stuart retires from Goldman Sachs JB Were

Andrew Stuart has announced his retirement as co-chief operating officer of Goldman Sachs JB Were (GSJBW) completing his 18-month term in the position to pursue personal interests. Stuart was appointed to the role in September 2003 as part of the merger ...

Optimix reaches $5 billion

Optimix's manage the managers funds has reached $5 billion in funds under management, more than double the total since October 2003. The increase in funds follows Optimix's strategy to move into the larger adviser market through ANZ financial planners ...

Interest rates may rise after CPI increase

AAP  |  TUESDAY, 25 JAN 2005
The case for higher interest rates had strengthened with the recent resurgence of inflation pressures in the domestic economy, analysts said today. Australia's consumer price index (CPI) rose 0.8 per cent in the December quarter, lifting the annual ...

Annuity asset test changes lead to strong inflows

Australian Prudential Regulation Authority (APRA) life insurance statistics have shown $10.9 billion of life office premiums were received during the September 2004 quarter, a 28 per cent increase from the same time last year, on the back of changes ...

Superannuation assets close in on $650 billion

The latest edition of the Australian Prudential Regulatory Authority's Superannuation Trends for the September quarter of 2004 has shown superannuation assets total $648.9 billion at the end of the quarter after a 2.8 per cent rise during the period. ...