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Showing 551 - 560 of 927 results for "half-year"

Trust company considers outsourcing while MITs drive growth

MATT WOODINGTON  |  TUESDAY, 18 OCT 2011
... this month. Speaking after the Trust Company reported a 16% increase in net profit after tax to $6.4 million for the half year to August 31, chief executive officer, John Atkin, told Financial Standard that a series of cost cutting initiatives were being ...

Former Sonray chief gets jail time following ASIC charges

CLAIRE MCGREAL  |  MONDAY, 17 OCT 2011
The former head of Sonray Capital Markets has been jailed for five years on 10 charges, which include false accounting involving fake deposits worth over $35 million. Scott Kenneth Murray, 33, of Werribee, Victoria will serve a minimum of two and a ...

Alphington targets younger HNW investors with wealth service

MATT WOODINGTON  |  TUESDAY, 11 OCT 2011
Alphington Private Investor Services has changed its business model and licensing arrangements to provide broad wealth management services to the retail space and typically younger clients. The Melbourne based firm will continue to target higher end ...

Super funds push for better hedge fund governance

MICHELLE BALTAZAR  |  THURSDAY, 15 SEP 2011
Four major super funds have joined forces to create a set of principles on how hedge fund managers should operate and manage risk - a move designed to improve investor confidence and stimulate more mandates into the asset class. ARIA, Local Government ...

iShares appoints new director

RACHEL DAVIS  |  WEDNESDAY, 14 SEP 2011
iShares, BlackRock's exchange traded fund business, has made a senior appointment to its Product and Capital Markets team in Australia. Jonathan Howie has joined the iShares Product and Capital Markets team as director, supporting the distribution of ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 SEP 2011
The Australian market looks set to open higher after Wall Street rebounded from early losses to finish up, despite European and Asian markets earlier closing lower. At 0712 AEST on Tuesday, the September share price index futures contract was up 41 ...

AMP fin svcs results reflect overall growth...

ELISE BURGESS  |  THURSDAY, 18 AUG 2011
... minimum regulatory requirements, up from $1.4 billion the same time last year. Underlying profit of $455 million for the half year to June 30 including $61 million contribution from AXA for the second quarter of 2011. Net profit before the AXA merger ...

...AMP planner numbers on the increase

ELISE BURGESS  |  THURSDAY, 18 AUG 2011
Despite industry talk that advisers were deserting, AMP Financial Planning adviser numbers are stronger than ever, while the majority of AXA advisers have pledged commitment to the brand. The numbers, as part of the half yearly results announced this ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 17 AUG 2011
... Making news on Wednesday, at 1200 AEST, Westfield Group shares lost 18 cents to $7.96 after posting a 32 per cent fall in half year profit and confirming earlier guidance for earnings, distributions and revenue for the full year. Woodside Petroleum Ltd's ...

Trio chair ban and Richard jailed

ELISE BURGESS  |  FRIDAY, 12 AUG 2011
... the financial services industry for nine years while Astarra director, Shawn Richard, has been handed down a two and a half year jail sentence. The Australian Securities and Investments Commission (ASIC) accepted Andrews enforceable undertaking (EU) ...