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Showing 5281 - 5290 of 6254 results for "December 3"

State Street rebrands ETFs

HAMISH MADDEN  |  THURSDAY, 10 MAY 2007
State Street Global Advisors (SSgA) has re-branded its listed streetTRACKS series of exchange-traded funds (ETFs) under the new global State Street ETF brand SPDRs. The re-branding is part of a global State Street roll-out that comes on the back of ...

MFS retires from village portfolio

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
MFS Diversified today announced the sale of its retirement village portfolio and shares in Village Life as part of its rationalisation of non-core operations. The sale follows a deal with SCV Group to manage its retirement village portfolio in a 25 ...

Equity Trustees' sunny forecast

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
Equity Trustees has updated its 2006-07 full financial year forecast, with the board expecting a before-tax operating profit of nearly $12 million - almost a 66 per cent increase over last year. The prior forecast in December 2006 indicated operating ...

Aussies finally get life insurance message: IFSA

CHRIS NICHOLLS  |  FRIDAY, 27 APR 2007
Life and wealth protection sales grew by nearly 16 per cent in the 12 months to December 2006, according to new figures released yesterday by the Investment and Financial Services Association (IFSA). The sales increase comes after a major study by TNS ...

Barclays to buy ABN AMRO

CHRIS NICHOLLS  |  TUESDAY, 24 APR 2007
Barclays has agreed to purchase rival ABN AMRO in a US$91 billion deal, creating the world's largest asset manager and the eighth largest wealth manager, with 47 million customers. However, reports emerged yesterday of a possible rival bid from the ...

Vanguard puts case for passive-active allocation

An asset allocation expert from leading index manager Vanguard has put forward the case for a portfolio construction model that invests around 40 per cent in active strategies. In a whistlestop visit to Australia, Nelson Wicas, a US based principal ...

Rate rise spectre saps consumer confidence

SUZY MAC  |  FRIDAY, 20 APR 2007
Flying in the face of a 4.5 per cent jobless rate, strong currency and figures showing 5.5 per cent of household finances have improved in the last month, interest rate uncertainty may account for the latest figures in consumer confidence dipping to ...

Avanteos loses $7 billion Goldman Sachs mandate

Colonial First State (CFS) has lost a $7.1 billion Goldman Sachs JBWere mandate from its Avanteos platform, according to the CBA's third quarter trading update that was released yesterday. CFS advise the mandate represented only 4 per cent of the stated ...

Reverse mortgages jump 80 per cent to $1.5 billion

WWW.THESHEET.COM  |  TUESDAY, 17 APR 2007
Australia's emerging reverse mortgage market is growing at 80 per cent a year, the consulting actuary Deloitte Trowbridge reported yesterday. The country's 16 reverse mortgage lenders had $1.5 billion of loans on their books at December 31, up from ...

Fincorp lookalike under scrutiny

The Australian Securities and Investments Commission (ASIC) has slapped a 'stop order' on the latest prospectus of Australian Capital Reserve (ACR), another high-yield debenture provider that employed the same aggressive marketing tactics as Fincorp. ...