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Showing 5881 - 5890 of 6940 results for "% December"

Avanteos loses $7 billion Goldman Sachs mandate

Colonial First State (CFS) has lost a $7.1 billion Goldman Sachs JBWere mandate from its Avanteos platform, according to the CBA's third quarter trading update that was released yesterday. CFS advise the mandate represented only 4 per cent of the stated ...

Reverse mortgages jump 80 per cent to $1.5 billion

WWW.THESHEET.COM  |  TUESDAY, 17 APR 2007
Australia's emerging reverse mortgage market is growing at 80 per cent a year, the consulting actuary Deloitte Trowbridge reported yesterday. The country's 16 reverse mortgage lenders had $1.5 billion of loans on their books at December 31, up from ...

FUM surges to $1.4 trillion

ALEX DUNNIN  |  WEDNESDAY, 11 APR 2007
Funds under management from Australian investors surged $213 billion or 18 per cent during 2006 to reach nearly $1.4 trillion, according to figures released in the latest Rainmaker Information Roundup report. Strong investment returns helped drive the ...

Fincorp lookalike under scrutiny

The Australian Securities and Investments Commission (ASIC) has slapped a 'stop order' on the latest prospectus of Australian Capital Reserve (ACR), another high-yield debenture provider that employed the same aggressive marketing tactics as Fincorp. ...

Daily economic round-up

PETER BELL  |  THURSDAY, 5 APR 2007
Following the announcement by the US that it would impose tariffs on imported paper products from China after its research had shown that they were being subsidized by 10-20 per cent, trade negotiations have become more urgent as key players perceive ...

Super tops $1 trillion as retail keeps winning inflows race

ALEX DUNNIN  |  FRIDAY, 30 MAR 2007
Australia's superannuation savings pool has climbed to $1 trillion at December 2006 after jumping 19 per cent during the year, said the Australian Prudential Regulation Authority (APRA). Despite the continuing media campaigns promoting the fee and performance ...

Direct property is back, but now its global: Macq

CHRIS NICHOLLS  |  FRIDAY, 30 MAR 2007
Swelling demand for direct property, investor appetite for global assets and recognition that listed property trusts (LPTs) are an incredibly efficient vehicle will continue to drive Macquarie's burgeoning global portfolio, according to Stephen Girdis ...

MLC and Aviva slash fees

CHRIS NICHOLLS  |  THURSDAY, 29 MAR 2007
MLC and Aviva have both introduced programs that allow customers to reduce administration fees by aggregating their accounts. MLC is also reducing administration fees by up to 10 per cent on its MasterKey Custom Superannuation and MasterKey Custom Investment ...

Daily economic round-up

PETER BELL  |  THURSDAY, 29 MAR 2007
Just released ABS Jobs vacancies data shows that in the year to February there were 12.8 per cent more vacancies on a trend basis and this in addition to the highest wage growth in a decade and more bouyant housing market and consumer demand data suggests ...

ING opens up alternatives

CHRIS NICHOLLS  |  WEDNESDAY, 28 MAR 2007
ING's has launched a new capital protected fund through its OneAnswer platform that gives investors access to alternative investments with the comfort of built-in safeguards. Developed exclusively for ING by SociA(C)tA(C) GA(C)nA(C)rale Asset Management ...