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Showing 5871 - 5880 of 6940 results for "% December"

US giant targets local mortgage insurance market

The NYSE listed MGIC Investment Corporation, the largest provider of mortgage insurance in the US, has earmarked Australia as the first target in its international push. This month Mortgage Guaranty Insurance Corporation (MGIC) Australia received an ...

Investa property funds get SRI tick

CHRIS NICHOLLS  |  WEDNESDAY, 23 MAY 2007
Investa Funds Management's (IFM) Diversified Office Fund and Commercial Property Fund are Australia's first property funds to receive the Ethical Investment Association's Sustainable Responsible Investment (SRI) certificate. The funds received the certification ...

Planning business gives teachers bad advice

HAMISH MADDEN  |  TUESDAY, 15 MAY 2007
A Sydney financial planning business targeting teachers has been found guilty of providing super switching advice that was misleading or deceptive. The Supreme Court of New South Wales found First Capital Financial Planning, under the business name ...

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 ...