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Showing 5501 - 5510 of 6515 results for "Jul"

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 ...

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 ...

Planners rethink succession model

RUTH LIEW  |  TUESDAY, 3 FEB 2009
The sale price and profitability of most financial planning firms have taken a turn for the worse since 2008, spurring planners to radically rethink their succession plans. John Saint, head of ipac business partnering, said planners now face the tough ...

Profits down for Count

RUTH LIEW  |  FRIDAY, 30 JAN 2009
The 873 adviser-strong Count Financial is expecting a 12 per cent fall to its net profit before tax for last year's second half results, putting its NPBT to $14.6 million. According to a statement on the Australian Securities Exchange, Count said it ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 JAN 2009
The Australian share market was in positive territory at noon, led by banking stocks, but energy stocks were lower after a drop in the crude oil price overnight. At 1202 AEDT, the benchmark S&P/ASX200 index was up 29.4 points, or 0.85 per cent, at 3,473.4 ...

CareSuper reopens cap guarantee

RUTH LIEW  |  FRIDAY, 23 JAN 2009
CareSuper has reopened the doors of its capital guaranteed option after a three-month freeze when its underlying manager AMP closed it to new investments. According to Julie Lander, chief executive of the $3.5 billion industry fund, the Capital Guaranteed ...

AUI trust posts solid returns, holds value

MICHAEL HOBBS  |  WEDNESDAY, 21 JAN 2009
While many funds were in the red last year, Australian Unity Investments (AUI) bucked the trend when its Healthcare Property Trust gained 11.27 per cent and, despite the market downturn, many of its underlying direct properties have held their value. ...

Confidence yardstick rises

MICHELLE BALTAZAR  |  WEDNESDAY, 21 JAN 2009
A monthly index that measures investor confidence in key sharemarkets rose for the first time in six months, with US institutional investors the most bullish about the performance of equities. The findings came from the State Street Investor Confidence ...

Legg Mason expands team

COMPANY RELEASE  |  TUESDAY, 20 JAN 2009
Legg Mason Australian Equities has appointed ex-Citigroup small cap expert Julian Mulcahy as portfolio manager and research analyst for Australian small companies. Mulcahy will focus his efforts on listed Australian companies that fall outside the S&P/ASX ...

State Street scores $1bn mandate

RUTH LIEW  |  FRIDAY, 16 JAN 2009
State Street Global Asset Managers wins a $1 billion global mandate from one of the world's top 20 sovereign funds, the $43 billion Alaskan Permanent Fund Corporation. The trustee board of the American super fund handed the mandate to State Street on ...