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Showing 5581 - 5590 of 6940 results for "% December"

Pension deficits halts M&A activity

MICHAEL HOBBS  |  TUESDAY, 19 AUG 2008
A UK pension report from Mercer revealed equity market volatility has wiped off more than $130 billion of the value of FTSE 350 pension schemes, potentially hindering merger and acquisition (M&A) activity across Europe. Pension deficits was one of the ...

AMP Cap hires Asian stock specialist

MICHAEL HOBBS  |  TUESDAY, 12 AUG 2008
AMP Capital Investors appointed former Maple Brown Abbott portfolio manager, Ragavan Sivanesarajah, to portfolio manager, Asian equities. Sivanesarajah previously worked at Maple Brown Abbott as a portfolio manager and equity analyst for five years ...

Rate Cut in the Offing?

BENJAMIN ONG  |  TUESDAY, 12 AUG 2008
Australian stocks and bonds welcomed the dovish RBA Quarterly Bulletin released yesterday. The RBA Bulletin confirmed the comments it made on 5 August -- after its unchanged interest rate decision - and indicated that it has room to lower interest rates ...

Telstra Super FP hires Coin

RUTH LIEW  |  MONDAY, 11 AUG 2008
The $10 billion Telstra Super's financial planning arm has signed on Coin Software to be its software provider. Telstra Super Financial Planning's general manager, Steve Grinter, said the business required continual development of its existing Statement ...

Australians lead FM pack

RUTH LIEW  |  WEDNESDAY, 30 JUL 2008
Australians have emerged the victors of the wealth management race despite a global economic slowdown, new research shows. According to the AFG Global Funds Management Index, Australians amassed an average $70,385 per person in managed funds - emerging ...

BT Financial jobs on the chopping block

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2008
BT Financial has placed 100 roles in its support and management divisions under review, blaming the staff cuts to the volatile markets. The move comes after the group funds under management fell 9 per cent during the 12 months to March 2008, according ...

Smaller funds to plateau

RUTH LIEW  |  THURSDAY, 17 JUL 2008
Super funds under the $200 million threshold are expected to wither off until the industry consists of between 50 to 100 players in the next five years. Unsurprisingly super funds, particularly corporate funds in the $100 to $200 million bracket, are ...

SERF selects JANA as asset consultant

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Stevedoring Employees Retirement Fund (SERF) appointed JANA Investment Advisers as its asset consultant ahead of its proposed merger with the Seafarers Retirement Fund (SRF). Previously, SERF employed FuturePlus as its asset consultant and then employed ...

Trouble at Threadneedle Street

BENJAMIN ONG  |  FRIDAY, 11 JUL 2008
More signs that US problems have made their way into the UK came overnight. After signaling in recent weeks that it is more likely to follow the European Central Bank (ECB) and tighten monetary policy rather than ease, the Bank of England (BoE) succumbed ...

ASIC bans Oxford Investments

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
The Australian Securities & Investments Commission (ASIC), backed by the Federal Court of Australia, banned Tasmanian based Oxford Investments Tasmania and its sole director for advising on financial products for 10 years. As a result, the firm and ...