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Showing 5591 - 5600 of 6940 results for "% December"

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
Just as Australian fund managers turn their attention towards New Zealand as they try to take advantage of Kiwisaver and NZ Super, the land of the long white cloud has dipped into negative economic growth and looks set to fall into recession. "The New ...

Credit Suisse AM and AWM sign $340m trustee deal

Credit Suisse Asset Management (Australia) is set to transfer the trusteeship of its three Pooled Super Trusts (PSTs) and non-super Private Investment Funds, worth a combined $340 million in assets, to Australian Wealth Management (AWM). Under the deal ...

Pension alternatives investments top $860bn

MICHAEL HOBBS  |  TUESDAY, 24 JUN 2008
The amount of alternative assets managed by 99 of the world's largest investment managers on behalf of pension funds jumped 40 per cent to $864 billion last year, according to Watson Wyatt and Global Investor magazine. The Global Alternatives 99 research ...

Syndicated loan market contracts by half

WWW.THESHEET.COM  |  TUESDAY, 10 JUN 2008
Syndicated lending by Australian banks fell by around half during the March 2008 quarter, in one measure of the restricted availability of corporate credit since the global credit crunch emerged in mid 2007. The Bank for International Settlements estimated ...

Population hits 21.2 million

ALEX DUNNIN  |  FRIDAY, 6 JUN 2008
Australia's population is now 21.2 million after growing 1.6 per cent in the year to December. During the year 285,000 people were born, 138,000 died, and a net 184,000 people moved to Australia. Natural population increases due to births less deaths ...

Principal Global expands insto sales

MICHAEL HOBBS  |  WEDNESDAY, 4 JUN 2008
Principal Global Investors (Australia) has appointed Cameron Sinclair to director of institutional sales. Sinclair previously held a number of senior institutional sales management roles at ING Investment Management and, prior to that, worked in institutional ...

CBA still seeding Colonial funds

WWW.THESHEET.COM  |  FRIDAY, 30 MAY 2008
Seed funding for a couple of landmark infrastructure investments by Colonial remains on the balance sheet of Commonwealth Bank, in one case more than 15 months after the bank tipped in the capital. In an investor briefing on the bank's wealth management ...

Recovery in securitised assets mask long term problems

ALEX DUNNIN  |  TUESDAY, 27 MAY 2008
The amount of securitised assets recovered slightly in the March quarter to reach $264 billion but the bounce back masks bigger problems confronting the sector. Securitised assets during March increased 1.4 per cent however compared to the 4.5 per cent ...

BankWest's recruitment drive on track

MICHAEL HOBBS  |  WEDNESDAY, 21 MAY 2008
BankWest's financial planning business has recruited 27 financial planners since its inception in December last year and is on schedule to have a financial planner in each branch, according to Mark Reid, BankWest head of retail. Reid said BankWest's ...

Mohl joins CBA board

RUTH LIEW  |  FRIDAY, 16 MAY 2008
Ex-AMP chief executive Andrew Mohl has joined the Commonwealth Bank of Australia (CBA) as a director of the bank. Mohl was previously managing director and chief executive of AMP Limited from October 2002 until his retirement at the end of December ...