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Showing 491 - 500 of 783 results for "Collins"

Lonsec urges advisers to revisit EMs

BEN COLLINS  |  TUESDAY, 21 AUG 2012
After a "brutal" year for emerging market investors, things might be looking up, said research house Lonsec. It has been a rocky ride for emerging market investors over the past 12 months, with "true believers in the merits of an expending emerging ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
Bendigo and Adelaide Bank will be running a tight ship, after announcing a 43% decline in full-year profit this morning. The bank said that its $195 million profit was affected by a $95 million write-off of goodwill in December 2011, after declines ...

New property securities head for CFSGAM

BEN COLLINS  |  MONDAY, 20 AUG 2012
Stephen Hayes has been appointed head of Colonial First State Global Asset Management (CFSGAM) property securities. Hayes is returning to CFSGAM after leaving in 2006 to establish Perennial Real Estate Investments, a joint venture with Perennial Investment ...

APA, HDF tug-o-war continues

BEN COLLINS  |  MONDAY, 20 AUG 2012
The tussle over Hastings Diversified Utilities Fund (HDF) continues, after the APA group again raised its bid for the infrastructure fund. Rival bidder Pipeline Partners Australia (PPA) now has until midnight tomorrow (Tuesday) to better APA's offer. ...

QBE chief to part with $37 million

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Frank O'Halloran will leave with up to $37 million in benefits when he steps down as chief executive officer of QBE insurance today. O'Halloran - who headed up QBE for 14 years - will be paid his salary up to 28 August to officially serve out his six ...

MLC appoints super funds board member

BEN COLLINS  |  FRIDAY, 17 AUG 2012
MLC has appointment Richard Rassi to the three trustee boards for its superannuation funds. The boards, MLC Nominees, NULIS Nominees (Australia) and PFS Nominees, are accountable to around 1.5 million members and approximately $56 billion in Funds Under ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Insurers are preparing for the impact of the Life and General Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements ...

Higher profits/lower dividends: AMP FHY result

BEN COLLINS  |  THURSDAY, 16 AUG 2012
AMP limited has reported a $383 million profit in its first half year results, up 11% on the first half year to 30 June 2011. The rise was largely the result of its merger with AXA, which occurred half way through the previous corresponding first-half ...

Shareholders force RE change

BEN COLLINS  |  THURSDAY, 16 AUG 2012
Shareholders with around 10% of issued capital in the direct property investor, 360 Capital Industrial Fund, are attempting to replace the responsible entity. The group of investors is seeking to have 360 Capital RE limited replaced with Denison Funds ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. This comes on the back of legislation passing through Parliament last night, which gives the Australian Prudential Regulation ...